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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to OCR text and compared cell by cell with the page image; read from the page image) (17 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

Mondi

MNP · A2X Markets · Consolidated statements

On this page
Company details
Legal name
Mondi plc
Listing
MNP on the A2X Markets, active · ISIN GB00BMWC6P49 (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 December

Overview

Year ended 31 December 2025 · annual report, final status not established · source

Read with these figures

  • Annual report not confirmed as final. The published copy is unsigned. The FY2025 figures come from it.
Full wording and sources
  • Annual report for 2025: final status not established

    The independent auditors' report to the members of Mondi plc (opinion PDF p130) closes with the typeset name 'Joanne Leeson (Senior Statutory Auditor) for and on behalf of PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, London, 18 February 2026', with no visible signature (PDF p140, page image: name_printed_unsigned). The statement of financial position says the consolidated financial statements on pages 139-189 were authorised for issue by the Board on 18 February 2026 and signed on its behalf by Andrew King and Mike Powell, Directors, whose names are typeset without visible signatures (PDF p143, page image).

    Source: Mondi Group — Integrated report and financial statements 2025 (dated 2026-02-18)

  • Revenue

    EUR 7.66 billion

    7,663 EUR millions · p141

    +3.3% vs 2024

  • Operating profit / (loss)

    EUR 391 million

    391 EUR millions · p141

    −14.3% vs 2024

  • Profit / (loss) for the year

    EUR 197 million

    197 EUR millions · p141

    −24.8% vs 2024

  • Total assets

    EUR 10.1 billion

    10,144 EUR millions · p143

    +8.6% vs 2024

  • Total equity

    EUR 5.20 billion

    5,200 EUR millions · p143

    −2.8% vs 2024

  • Cash from operations

    EUR 986 million

    986 EUR millions · p145

    +15.9% vs 2024

Large amounts are rounded for reading (EUR million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in EUR millions unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY2025 — annual report, final status not established; reported for the year · source
  • FY2024 — annual report, final status not established; comparative in the FY2025 filing · source

Income statement

Income statement, EUR millions. Columns: FY2025 — annual report (final status not established), as reported for the year; FY2024 — annual report (final status not established), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Group revenue 7,663 7,416
Materials, energy and consumables used1 (3,876) (3,696)
Variable selling expenses2 (680) (645)
Gross margin3 3,107 3,075
Maintenance and other indirect expenses4 (432) (425)
Personnel costs (1,364) (1,246)
Other net operating expenses5 (357) (431)
Depreciation, amortisation and impairments6 (563) (517)
Operating profit 391 456
Net loss from joint ventures (1) (3)
Net finance costs7 (112) (70)
Investment income 12 30
Foreign currency gains/(losses) 2 (3)
Finance costs (126) (97)
Net monetary loss arising from hyperinflationary economies8 (9) (5)
Profit before tax 269 378
Tax (charge)/credit (72) (116)
Profit for the year 197 262
Non-controlling interests9 32 44
Fair value losses arising from cash flow hedges10 –11 (1)
Exchange differences on translation of non-euro operations12 (4) 75
Remeasurements of retirement benefits plans:13 6 (2)
Other comprehensive income/(expense) for the year 2 72
Non-controlling interests14 (5) 11
Shareholders15 7 61
Non-controlling interests16 27 55
Shareholders17 172 279
Total comprehensive income for the year 199 334
  1. Printed “-”, read as nil: subtotal_arithmetic: is.other_comprehensive_income.
Notes and alternative reported figures (16)
  1. “Materials, energy and consumables used” is an issuer-specific line, not mapped to a shared definition: Cost of materials, energy and consumables.
  2. “Variable selling expenses” is an issuer-specific line, not mapped to a shared definition: Variable selling expenses.
  3. “Gross margin” is an issuer-specific line, not mapped to a shared definition: Group revenue less materials, energy and consumables used and variable selling expenses (issuer's measure).
  4. “Maintenance and other indirect expenses” is an issuer-specific line, not mapped to a shared definition: Maintenance and other indirect expenses.
  5. “Other net operating expenses” is an issuer-specific line, not mapped to a shared definition: Other net operating expenses.
  6. “Depreciation, amortisation and impairments” is an issuer-specific line, not mapped to a shared definition: Depreciation, amortisation and impairments in one line.
  7. “Net finance costs” is an issuer-specific line, not mapped to a shared definition: Note 6: investment income, foreign currency gains/(losses) and finance costs.
  8. “Net monetary loss arising from hyperinflationary economies” is an issuer-specific line, not mapped to a shared definition: Note 7 (IAS 29).
  9. “Non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Note 31.
  10. “Fair value losses arising from cash flow hedges” is an issuer-specific line, not mapped to a shared definition: OCI, may be reclassified.
  11. “Exchange differences on translation of non-euro operations” is an issuer-specific line, not mapped to a shared definition: OCI, may be reclassified.
  12. “Remeasurements of retirement benefits plans:” is an issuer-specific line, not mapped to a shared definition: OCI, not reclassified.
  13. “Non-controlling interests” is an issuer-specific line, not mapped to a shared definition: OCI attribution.
  14. “Shareholders” is an issuer-specific line, not mapped to a shared definition: OCI attribution.
  15. “Non-controlling interests” is an issuer-specific line, not mapped to a shared definition: TCI attribution.
  16. “Shareholders” is an issuer-specific line, not mapped to a shared definition: TCI attribution.

Balance sheet

Balance sheet, EUR millions. Columns: FY2025 — annual report (final status not established), as reported for the year; FY2024 — annual report (final status not established), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Property, plant and equipment 5,751 5,160
Goodwill1 893 767
Intangible assets 110 70
Forestry assets2 511 503
Investments in joint ventures 10 5
Financial instruments3 25 29
Deferred tax assets 22 22
Net retirement benefits asset4 –5 3
Other non-current assets6 2 3
Total non-current assets 7,324 6,562
Inventories 1,213 1,194
Trade and other receivables 1,290 1,275
Current tax assets 21 22
Financial instruments7 4 10
Cash and cash equivalents 292 278
Total current assets 2,820 2,779
Total assets 10,144 9,341
Short-term borrowings 344 63
Trade and other payables 1,366 1,281
Current tax liabilities 60 67
Provisions 59 65
Financial instruments8 14 9
Total current liabilities 1,843 1,485
Medium- and long-term borrowings 2,538 1,952
Net retirement benefits liability9 151 161
Deferred tax liabilities 346 342
Non-current tax liabilities10 4 –11
Provisions12 34 32
Other non-current liabilities13 28 19
Total non-current liabilities 3,101 2,506
Total liabilities 4,944 3,991
Net assets 5,200 5,350
Share capital 97 97
Own shares14 (16) (20)
Retained earnings 4,449 4,582
Other reserves15 197 198
Total attributable to shareholders 4,727 4,857
Non-controlling interests in equity 473 493
Total equity 5,200 5,350
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_assets.
  2. Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
Notes and alternative reported figures (13)
  1. “Goodwill” is an issuer-specific line, not mapped to a shared definition: Note 13.
  2. “Forestry assets” is an issuer-specific line, not mapped to a shared definition: Note 15: standing timber at fair value.
  3. “Financial instruments” is an issuer-specific line, not mapped to a shared definition: Non-current financial instrument assets.
  4. “Net retirement benefits asset” is an issuer-specific line, not mapped to a shared definition: Note 24.
  5. “Other non-current assets” is an issuer-specific line, not mapped to a shared definition: Other non-current assets.
  6. “Financial instruments” is an issuer-specific line, not mapped to a shared definition: Current financial instrument assets.
  7. “Financial instruments” is an issuer-specific line, not mapped to a shared definition: Printed in brackets as a deduction in the net-assets statement of financial position; stored as a positive liability.
  8. “Net retirement benefits liability” is an issuer-specific line, not mapped to a shared definition: Note 24. Printed in brackets as a deduction in the net-assets statement of financial position; stored as a positive liability.
  9. “Non-current tax liabilities” is an issuer-specific line, not mapped to a shared definition: Printed in brackets as a deduction in the net-assets statement of financial position; stored as a positive liability.
  10. “Provisions” is an issuer-specific line, not mapped to a shared definition: Note 19. Printed in brackets as a deduction in the net-assets statement of financial position; stored as a positive liability.
  11. “Other non-current liabilities” is an issuer-specific line, not mapped to a shared definition: Printed in brackets as a deduction in the net-assets statement of financial position; stored as a positive liability.
  12. “Own shares” is an issuer-specific line, not mapped to a shared definition: Note 22: treasury shares, deducted from equity.
  13. “Other reserves” is an issuer-specific line, not mapped to a shared definition: Note 22.

Cash flow

Cash flow, EUR millions. Columns: FY2025 — annual report (final status not established), as reported for the year; FY2024 — annual report (final status not established), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Cash generated from operations 1,072 970
Dividends received from other investments1 1 1
Income tax paid (87) (120)
Net cash generated from operating activities 986 851
Investment in property, plant and equipment (673) (933)
Investment in intangible assets (17) (13)
Investment in forestry assets2 (50) (48)
Proceeds from the disposal of property, plant and equipment 18 17
Acquisition of businesses, net of cash and cash equivalents3 (496) (6)
Interest received 10 32
Other investing activities4 7 15
Net cash used in investing activities (1,201) (936)
Proceeds from issue of Eurobond5 1,139 496
Repayment of Eurobond6 (321) (500)
Proceeds from medium- and long-term borrowings7 307 215
Repayment of medium- and long-term borrowings8 (296) (215)
Proceeds from short-term borrowings9 11 9
Repayment of short-term borrowings10 (77) (18)
Repayment of lease liabilities (36) (26)
Interest paid11 (56) (44)
Dividends paid to shareholders (305) (1,081)
Dividends paid to non-controlling interests12 (47) (6)
Purchases of own shares13 (8) (12)
Injection from non-controlling interests14 –15 3
Net cash outflow from debt-related derivative financial instruments16 (66) (47)
Net cash generated from/(used in) financing activities 245 (1,226)
Net increase/(decrease) in cash and cash equivalents 30 (1,311)
Cash and cash equivalents at beginning of year 269 1,592
Effects of changes in foreign exchange rates (8) (12)
Cash and cash equivalents at end of year 291 269
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (15)
  1. “Dividends received from other investments” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  2. “Investment in forestry assets” is an issuer-specific line, not mapped to a shared definition: Note 15; investing.
  3. “Acquisition of businesses, net of cash and cash equivalents” is an issuer-specific line, not mapped to a shared definition: Note 25; investing.
  4. “Other investing activities” is an issuer-specific line, not mapped to a shared definition: Investing.
  5. “Proceeds from issue of Eurobond” is an issuer-specific line, not mapped to a shared definition: Note 26c; financing.
  6. “Repayment of Eurobond” is an issuer-specific line, not mapped to a shared definition: Note 26c; financing.
  7. “Proceeds from medium- and long-term borrowings” is an issuer-specific line, not mapped to a shared definition: Note 26c; financing.
  8. “Repayment of medium- and long-term borrowings” is an issuer-specific line, not mapped to a shared definition: Note 26c; financing.
  9. “Proceeds from short-term borrowings” is an issuer-specific line, not mapped to a shared definition: Note 26c; financing.
  10. “Repayment of short-term borrowings” is an issuer-specific line, not mapped to a shared definition: Note 26c; financing.
  11. “Interest paid”: mapping to a shared definition is uncertain. Interest paid, one line in financing activities (borrowings and leases not separated).
  12. “Dividends paid to non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Financing.
  13. “Purchases of own shares” is an issuer-specific line, not mapped to a shared definition: Financing.
  14. “Injection from non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Financing.
  15. “Net cash outflow from debt-related derivative financial instruments” is an issuer-specific line, not mapped to a shared definition: Note 26c; financing.

Per share and shares

Per share and shares. Columns: FY2025 — annual report (final status not established), as reported for the year; FY2024 — annual report (final status not established), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Earnings / (loss) per share (per share)3 0.3741 0.4912
Profit / (loss) attributable to shareholders (EUR millions)4 165 218
  1. Printed as 37.4 cents; value converted to EUR at 100 cents = 1 EUR.
  2. Printed as 49.1 cents; value converted to EUR at 100 cents = 1 EUR.
Notes and alternative reported figures (2)
  1. Earnings / (loss) per share: printed as “Basic EPS”.
  2. Profit / (loss) attributable to shareholders: printed as “Shareholders”.

Reported measures outside the statements

Issuer-reported EBITDA, as printed outside the primary statements; definition and scope are the issuer's. Total column, read on the page image: the OCR of this scanned page drops or merges the Underlying, Special items and Total cells of the row.
Measure (as printed)FY2025FY2024
EBITDA954 p141973 p141

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
31 Dec 2025 Dividends paid (cash flow statement) Dividends paid to shareholders (305) EUR millions Annual report, p145
31 Dec 2024 Dividends paid (cash flow statement) Dividends paid to shareholders (1,081) EUR millions Annual report, p145

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • Mondi Group — Integrated report and financial statements 2025

    Year ended 31 December 2025 · Annual report · final status not established

    Audit: PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, London (Joanne Leeson, Senior Statutory Auditor), unmodified opinion

    Auditor's sign-off: Joanne Leeson (Senior Statutory Auditor) for and on behalf of PricewaterhouseCoopers LLP — name typeset

    Final status: The independent auditors' report to the members of Mondi plc (opinion PDF p130) closes with the typeset name 'Joanne Leeson (Senior Statutory Auditor) for and on behalf of PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, London, 18 February 2026', with no visible signature (PDF p140, page image: name_printed_unsigned). The statement of financial position says the consolidated financial statements on pages 139-189 were authorised for issue by the Board on 18 February 2026 and signed on its behalf by Andrew King and Mike Powell, Directors, whose names are typeset without visible signatures (PDF p143, page image).

    Document date
    18 Feb 2026
    Auditor's report
    18 Feb 2026
    Board approval
    18 Feb 2026
    Retrieved by us
    17 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    consolidated statements · EUR millions (printed “€ million”)
    • Cash and cash equivalents in the cash-flow statement (end of year 291; 2024: 269; beginning of 2024: 1,592) are stated net of overdrafts (note 26b) and differ from the 'Cash and cash equivalents' asset line (292; 2024: 278) (pp143, 145, page images); the automatic cash-to-balance-sheet checks therefore fail for these years. Opening cash plus the net change plus exchange effects equals the printed closing cash (269 + 30 - 8 = 291; 1,592 - 1,311 - 12 = 269).
    • The income statement prints Underlying, Special items (note 3) and Total columns for each year; the Total columns are transcribed. Special items: operating (106) (2024: (150)), tax 19 (1), profit (87) ((149)) (p141). Underlying EPS 56.5 euro cents (2024: 82.7 basic, 82.6 diluted) is recorded as issuer-native.
    • The statement of financial position is in net-assets format: liabilities are printed in brackets and deducted to reach 'Net assets' (5,200; 2024: 5,350); they are stored as positive liabilities. No total of equity and liabilities is printed (p143).
    • This is the copy filed at UK Companies House (stamp 'COMPANIES HOUSE 25/04/2026', PDF p1), scanned from print: there is no text layer and the Apple Vision OCR drops many cells, so the rows it does not return completely are read on the page renders.
    Technical details
    File
    215 pages, scanned (figures read by OCR and checked against the page image)
    SHA-256
    3b07f403f21f96ab2afabd18dc3bae6d6f9031fccb612c97e346109e12ea4b10
    Entity as printed
    Mondi plc (Mondi Group); company registered number 6209386
    Regulator copy
    retrieved 2026-10-17T14:45:50Z

Data notes

  • Net retirement benefits liability — OCR read '.(151)'; the page image shows '(151)'. OCR read a speck before the bracket as a full stop; the render shows (151) (Mondi Group — Integrated report and financial statements 2025, p143)
  • Net increase/(decrease) in cash and cash equivalents — OCR read '(1.311)'; the page image shows '(1,311)'. OCR read the thousands comma as a full stop; the render shows (1,311) (Mondi Group — Integrated report and financial statements 2025, p145)

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to OCR text and compared cell by cell with the page image; read from the page image) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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