Mondi sells one solid board converting plant, agrees sale of a second
Mondi sold one solid board converting plant at the end of September 2026 and agreed to sell a second, as part of streamlining its asset base; it is also moving customer volumes out of converting plants due to close later in 2026. The disposals were disclosed in its Q3 2026 trading update on 15 October, which showed underlying EBITDA of EUR 196m against EUR 167m in Q2; excluding forestry fair value movements, EBITDA fell quarter on quarter because of planned maintenance shutdowns.
Why this mattersMondi is shrinking its converting footprint to contain fixed-cost inflation while relying on further paper price increases to recover margins squeezed by energy and wood costs.
- Mondi sold one solid board converting plant at the end of September 2026 and agreed to sell a second.
- Mondi is transferring customer volumes from converting plants scheduled to close later in 2026.
- Q3 2026 underlying EBITDA was EUR 196m, against EUR 167m in Q2, which included a EUR 43m negative forestry fair value impact.
- Excluding forestry fair value, underlying EBITDA fell quarter on quarter, mainly due to planned maintenance shutdowns.
- Mondi announced further price increases for several paper grades in Q3, with the benefit expected from late 2026 into 2027.
- Energy costs rose through Q3 and wood costs in Central and Eastern Europe increased.