Mondi is an international packaging and paper Group, employing around 26,000 people in production facilities across 31 countries. In 2013, Mondi had revenues of €6.5 billion and a return on capital employed (ROCE) of 15.3%. The Group’s key operations are located in central Europe, Russia, the Americas and South Africa. It is fully integrated across the paper and packaging process – from growing of wood and the manufacture of pulp and paper (including recycled grades), to the conversion of packaging papers into corrugated packaging and industrial bags. It has primary listings on the Johannesburg Stock Exchange and the London Stock Exchange. It is a constituent of the FTSE 250 Index


Wood
Wood is Mondi’s most important raw material. It is therefore in our interest to ensure that we meet and support the requirements of sustainable forestry practices, from the management of our own forests right through to the procurement of our wood and fibre through the supply chain.


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Forestry
As a significant holder and manager of land, particularly in developing countries, and as an operator in an industry that potentially has a high impact on the natural environment, we recognise our stewardship role and responsibility in using natural forestry resources in a sustainable way.

Forests provide a range of goods and services. They serve as habitats for two-thirds of terrestrial animal and plant species; prevent soil erosion and water run-off; maintain the chemical balance of soil, air and water; recycle nutrients; break down pollutants; clean the air and water; are vital to watershed protection and soil formation; and play a major role in regulating climate.

The main factors contributing to deforestation and forest degradation are increased agriculture, illegal logging, population growth, poverty and urbanisation. Primary concerns include deforestation resulting from illegal logging in protected or high conservation value (HCV) areas, and timber obtained from controversial sources.

Although Mondi is involved in the felling of trees, we are not party to deforestation. For every tree felled in our plantation forests, at least one more tree is planted. In our natural forests, felled areas are left to regenerate naturally and poor regeneration is supplemented with plantings. Mondi is not involved in illegal logging, or logging in tropical rainforests, and has strict fibre sourcing controls.

Pulp
Wood is an essential raw material for all of our virgin fibre-based products. From wood fibre we produce pulp, the basic ingredient of all paper and paper-based packaging. We use pulp in our own production and also sell it wholesale to third parties. The pulp for paper-making may be produced from virgin fibre by either chemical or mechanical means, or it may be produced by the re-pulping of recovered paper. In the pulping process, the raw cellulose-bearing material is broken down into its individual fibres. In chemical pulping, chemicals are used to dissolve the lignin and free the fibres.

Recovered paper has become an indispensable raw material for our business and, in 2011, we consumed 1.5 million tonnes of recovered fibre, amounting to 30% of our total pulp consumed.

The pulp and paper manufacturing process also requires a large amount of process water and energy (in the form of steam and electrical power), which makes it an energy- and natural resource-intensive one.


http://www.mondigroup.com/desktopdefault.aspx

Mondi: UBS raises target from 660p to 670p, neutral rating unchanged; Credit Suisse downgrades to neutral, 780p target kept.

Mondi to close mill ijn Czech Republic
StockMarketWire.com
Mondi has started a consultation with employee representatives about the proposed closure of recycled container board mill in Ceske Budejovice, Czech Republic.

Mondi said the decision to close the 100,000-tonne recycled containerboard mill in Ceske Budejovice comes as a result of deteriorating market conditions in the European containerboard market and increased competition which has affected the mill's ability to remain competitive.

Total closure costs are estimated to be under 3m.

The group's strategy is to focus on further developing its leading market position in corrugated packaging in the Czech Republic and emerging Europe.

Mondi says it will take all reasonable action to support affected employees including providing an outplacement programme and will keep employees, customers and other stakeholders informed of the process.

Mondi also confirmed that it completed the transaction to acquire Duropack's operations on 5 November.

At 1:55pm: (LON:MNDI) share price was +12.25p at 637.25p

:-))

Not in this one. Put this info up for those interested.


Mondi: UBS raises target price from 670p to 720p reiterating a neutral rating.

Mondi: Credit Suisse increases target price from 780p to 980p upgrading to outperform

Mondi: Jefferies ups target price from 760p to 860p, while reiterating a buy recommendation.

Mondi: Deutsche Bank increases target price from 640p to 930p and keeps its buy recommendation.

Full year pre-tax profit falls 19 per cent at Mondi
Thu 21 Feb 2013


LONDON (SHARECAST) - Profit before tax contracted 19 per cent to 371m euros in the full year ending December 31st at paper and packaging group Mondi, an interim management statement has shown.

Group revenue rose 1.0% to €5.8bn while underlying operating profit dropped 9.0% to €568m.

Basic earnings per share slid 3.0% to 69.6 cents. The total dividend per share rose 8.0% to 28 cents.

The group return on capital employed contracted to 13.7% from 15%.

In a financial outlook issued by the company, the group reported: "While the first quarter was particularly difficult, characterised by a continuation of the weak order books seen towards the end of 2011, trading picked up as the year progressed.

"Sales volumes recovered into the second quarter and this, in turn, saw some price recovery in certain of the group's major grades going into the second half of the year.

"The third quarter was impacted by the traditional European summer slowdown in trading, but a strong finish to the year, with good volumes and reasonable price levels in Europe, meant the group was able to deliver full year underlying operating profit of €568m, 9.0% down on the very strong prior year result."

Paper and packaging group Mondi (LON:MNDI) also struggled as Citi wielded the axe on its rating.

The broker is now urging investors to sell the shares as its valuation looks “stretched”.Mondi:



Deutsche Bank increases target price from 930p to 950p maintaining its buy rating

Not in this one, A buy in this weeks Shares mag.

Trading statement Fri 3 May

Interim Management Statement

http://www.moneyam.com/action/news/showArticle?id=4588132

Mondi Group's first quarter profits rise
Fri 03 May 2013


Mondi Group's first quarter profits rise LONDON (SHARECAST) - Mondi Group saw profits in the first quarter rise on the previous year driven by improved market conditions in its packaging paper and South African businesses.

The packaging and paper group reported an underlying operating profit of €162m for the first three months of the year, a 35% increase on the previous year’s €120m.

During the period, the company was bolstered by recent acquisitions including packaging firm Nordenia and corrugated packaging plants in Germany and the Czech Republic.

Sales volumes were, on average, above the previous quarter, while average benchmark selling prices in the European businesses were largely unchanged.

Selling price increases were realised in recycled containerboard. Price hikes for virgin and white-top containerboard have been announced for the second quarter of 2013.

Average input costs per unit of production were similar to the previous quarter and prior year.

Currency effects were mixed during the quarter boosted by a weaker South African rand, Polish zloty and Czech koruna. However, a stronger Swedish krona and Russian rouble had an negative impact on the group’s costs.

The South Africa business was a big contributor to profits, rising above the prior quarter on the back of a positive domestic trading environment in uncoated fine paper and a weaker South African rand.

Europe, on the hand, posted a flat operating profit following a sharp fall in the market price of green energy credits.

Uncertainty surrounding proposed changes to the regulatory environment on renewable energy in Poland, resulted in an €11m write-down of the carrying value of existing green energy credits in the country.

"The effects of expected capacity increases in recycled containerboard and
uncoated fine paper, coupled with prevailing demand softness across the
European businesses, remain a concern," the company said.

"However, recent price increases in the packaging paper grades provide support and good progress is being made in integrating the Group's recent acquisitions. Management remains confident of continuing to make progress, in line with its expectations."

Shares rose 0.18% to 850p at 12:07 Friday.

Mondi (LSE: MNDI.L - news) : Credit Suisse increases target price from 980p to 1040p and reiterates an outperform rating.

A buy in this weeks IC - Acquisitions are generating big savings. A forward PE ratio of 12 falls to less than 11 in 2014.

Mondi PLC (MNDI:LSE) set a new 52-week high during today's trading session when it reached 939.50. Over this period, the share price is up 87.65%.

29 May Credit Suisse 1,040.00 Outperform

26 Jul Credit Suisse 1,040.00 Outperform


Interim Result
08 Aug 13 Mondi PLC [MNDI]

Trading Statement

PRNW



Mondi Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1967/013038/06)
JSE share code: MND ISIN: ZAE000156550

Mondi plc
(Incorporated in England and Wales)
(Registered number: 6209386)
JSE share code: MNP ISIN: GB00B1CRLC47
LSE share code: MNDI

30 July 2013

Mondi Group: Trading Statement

As part of the dual listed company structure, Mondi Limited and Mondi plc
(together 'Mondi Group') notify both the JSE Limited and the London Stock
Exchange of matters required to be disclosed under the Listings Requirements of
the JSE and/or the Disclosure and Transparency and Listing Rules of the United
Kingdom Listing Authority.

In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited,
companies are required to publish a trading statement as soon as they become
reasonably certain that the financial results for the period to be reported on
next will differ by at least 20% from those of the previous corresponding
period.

Mondi is currently finalising its results for the half year ended 30 June 2013,
which will be released on 8 August 2013. It can now be confirmed that the
underlying operating profit for the second quarter of 2013 is expected to be
higher than that of the first quarter (EUR162 million) and that achieved in the
comparable prior year period (EUR150 million). Underlying operating profit for
the half year ended 30 June 2013 is expected to be significantly higher than
that of the comparable prior year period of EUR270 million.

In the six months ended 30 June 2012, the Group recognised a net special item
gain after tax of EUR4 million. The special items charge for the six months
ended 30 June 2013 is around EUR68 million, relating to restructuring
activities and related impairment charges in the Group's Uncoated Fine Paper
operations in Austria (EUR50 million) and in the newsprint operations in South
Africa Division (EUR18 million) as well as the closure of the Lindlar Consumer
Packaging operation in Germany (EUR13 million), with net tax relief of EUR13
million.

Accordingly, Mondi advises that it expects earnings per share (EPS) for the
half year ended 30 June 2013 to be within the ranges shown below:

* basic underlying EPS (euro cents) 46 to 51 (2012 30.9)

* basic EPS (euro cents) 32 to 37 (2012 31.7)

* basic headline EPS (euro cents) 43 to 48 (2012 30.9)

Mondi has disclosed basic underlying EPS, which is defined as basic EPS
excluding the impact of special items, as the directors believe this provides a
useful additional measure of the Group's underlying performance. Mondi has
disclosed basic EPS which includes the effect of special items. The disclosure
of basic headline EPS is required under the Listings Requirements of the JSE
Limited and has been calculated in accordance with Circular 3/2012 as issued by
the South African Institute of Chartered Accountants.

The above information has neither been reviewed nor audited by Mondi's
auditors.

End

Mondi PLC (MNDI:LSE) set a new 52-week high during today's trading session when it reached 978.50. Over this period, the share price is up 79.52%.





29 Jul Jefferies... 1,000.00 Buy