Mondi's Q3 2025 profit falls amid challenging market, reorganises operations

Mondi plc announced Q3 2025 underlying EBITDA of €223m, including a €20m forestry fair value gain. This figure represents a decline from Q2 2025 underlying EBITDA of €274m. The company cited subdued demand, falling paper selling prices, and planned maintenance shuts in upstream pulp and paper businesses as key factors impacting performance. Uncoated fine paper experienced a significant impact due to weak demand, intense competition, and declining prices.

To mitigate market challenges, Mondi proactively extended scheduled annual maintenance shuts. Despite the downturn, the company emphasized its strong cost-competitive production, vertical integration, and balanced market exposure. Challenging conditions are expected to persist, with demand confidence remaining fragile and markets oversupplied.

Mondi also revealed a reorganisation, effective October 1, 2025, creating two business units: corrugated packaging (now including uncoated fine paper) and flexible packaging. The integration of Schumacher business is progressing, with an additional €10m in cost synergies identified, bringing the total to €32m over three years.