Mondi holds steady but warns costs and pricing pressure will linger

Mondi PLC (LSE:MNDI), the international paper and packaging company, turned in a solid first quarter, with underlying EBITDA of €212 million, almost identical to the €214 million it posted in Q4 2025, as stronger sales volumes were largely cancelled out by pricing pressure and rising costs. Volumes picked up across both Corrugated Packaging and Flexible Packaging, helped by recent capacity additions and a broader spread of end markets.