Mondi (MNDI)

Sector:

Manufacturing

Index:

FTSE 100

1,394.00p
   
  • Change Today:
    -4.50p
  • 52 Week High: 1,550.64
  • 52 Week Low: 1,179.72
  • Currency: UK Pounds
  • Shares Issued: 441.41m
  • Volume: 614,873
  • Market Cap: £6,153m
  • RiskGrade: 133

Mondi pulls dividend, cuts capex spend

By Frank Prenesti

Date: Thursday 09 Apr 2020

LONDON (ShareCast) - (Sharecast News) - Paper and packaging maker Mondi pulled its dividend and cut capital expenditure by up to €200m as plant closures forced by the coronavirus crisis hit production.
The company on Thursday said it it had seen a deterioration in its uncoated fine paper order book in Europe and South Africa as the effects of government lockdown measures took hold.

There was some demand for consumer-related applications, particularly in food, beverage and personal and home care products as panic buyers cleared supermarkets shelves.

"We are seeing somewhat weaker trading with our customers in building and construction industries and a mixed picture in industrial and other end-uses," Mondi said.

Mondi forecast expect capital expenditure of around €600m from previous guidance of €700m - €800m in 2020, which would cause limited delays to the commissioning of certain of our capital investment projects.

"We have also postponed annual mill maintenance shuts to the second half of the year," it added.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Mondi Market Data

Currency UK Pounds
Share Price 1,394.00p
Change Today -4.50p
% Change -0.32 %
52 Week High 1,550.64
52 Week Low 1,179.72
Volume 614,873
Shares Issued 441.41m
Market Cap £6,153m
RiskGrade 133

Mondi Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
32.89% above the market average32.89% above the market average32.89% above the market average32.89% above the market average32.89% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Price Trend
37.14% above the market average37.14% above the market average37.14% above the market average37.14% above the market average37.14% above the market average
7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average
Income
15.66% above the market average15.66% above the market average15.66% above the market average15.66% above the market average15.66% above the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average
Growth
76.74% below the market average76.74% below the market average76.74% below the market average76.74% below the market average76.74% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

Mondi Dividends

  Latest Previous
  Final Special
Ex-Div 04-Apr-24 29-Jan-24
Paid 14-May-24 13-Feb-24
Amount 46.67¢ 160.00¢

Trades for 28-Mar-2024

Time Volume / Share Price
13:16 237 @ 1,394.00p
13:16 271 @ 1,394.00p
13:16 237 @ 1,394.00p
13:16 237 @ 1,394.00p
13:16 24 @ 1,394.00p

Mondi Key Personnel

CEO Andrew King
Chair Philip Yea

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