9 March, 2021
Mondi Group full year results 2020
2020 full-year highlights
- Mondi has once again delivered a robust
excellent cash generation
EBITDA of €1,353 million,
margin of 20.3%
ROCE of 15.2%, reflects the strength of its business
finished the year positively, with strong demand in the
packaging businesses supported by the long-term growth
drivers of sustainability and e-commerce.
packaging continues to be a long-term priority for its
customers and wider society. Mondi is uniquely positioned
as a manufacturer of paper and flexible plastic packaging
to help customers transition to more sustainable packaging
- ‘paper where possible, plastic when useful'.
is investing through-the-cycle with capital investment
projects that are delivering growth, enhancing cost
competitiveness and providing sustainability benefits.
its strong financial position and confidence in the future
of the business, the Board has recommended a final 2020
dividend of 41 euro cents per share. Together with the
interim dividend, this amounts to a total dividend for the
year of 60 euro cents per share, up 5% on the prior year.
Andrew King, Group CEO commented:
delivered a robust performance in 2020. Sustainable
packaging continues to be a long-term priority for our
customers and wider society. As a leading producer of both
paper and flexible plastic-based packaging, we continue to
support our customers' environmental goals with packaging
that is sustainable by design adhering to our principle of
paper where possible, plastic when useful. We remain
confident in the structural growth drivers in the packaging
sectors in which we operate and the strength of our paper
position. The Group remains well-placed to deliver
sustainably into the future."
- Mondi has been making sustainable packaging
solutions for customers for over 50 years, and is a
leading global packaging and paper manufacturer, including
the biggest producer of kraft paper - a key substitute for
- The drive to replace plastic carrier bags
with paper-based alternatives and consumer preferences
for fibre based primary packaging is supporting good
demand across Mondi's range of speciality kraft
- Mondi operates 100 sites in over 30 countries
across Europe, Russia, North America and Africa, and
employs 26,000 people.
2020, Mondi was recognised by CDP (Carbon Disclosure
Project) as one of only 10 companies worldwide with a
‘Triple A' score on their environmental performance
related to climate, forests and water security.
recently announced their 10 year sustainability roadmap to
2030 - MAP2030 - which focuses on circular-driven
packaging and paper solutions, through their empowered
people to take action on climate change
week, Mondi announced a three-year strategic partnership
to support the United Nations World Food Programme's
(WFP's) efforts to save and change lives around the globe.
The collaboration will see Mondi make a US$1 million
in-kind and financial contribution to help WFP improve how
it delivers nutritious food over a complex humanitarian
supply chain, with an aim to reduce food waste and
mitigate the impact of packaging on the environment.
is committed to reducing its own greenhouse gas emissions
in line with science-based targets, maintaining zero
deforestation in their wood supply, continuing to source
wood sustainably from healthy and resilient forests and
safeguarding biodiversity and water resources.
are co-founders of the Circular Economy for Flexible
Packaging (CEFLEX) and signatory of Ellen MacArthur
Foundation (EMF)'s, New Plastics Economy Global Commitment
- committing to 100% of plastic-based packaging being
reusable, recyclable or compostable and 25% being from
recycled content by 2025 (food regulations permitting)
Download full report HERE