Mondi plc
(Incorporated in England and
Wales)
(Registered number: 6209386)
LEI: 213800LOZA69QFDC9N34
LSE share code: MNDI
ISIN: GB00B1CRLC47
JSE share code: MNP
6 November 2019
Mondi investor site visit to Steti
World-class manufacturing and packaging solutions that are
sustainable by design
Mondi is hosting an investor site visit today at our Steti
operation in the Czech Republic.
The day will include a series of short presentations from senior
executives, including a strategic update from Group CEO
Peter Oswald focusing on the role
sustainability and digitalisation play in accelerating progress
across the group’s strategic value drivers. Guests will hear about
Mondi’s approach to help our customers make the transition to more
sustainable packaging with innovative solutions using paper where
possible, plastic when useful. Mondi experts will present product
case studies such as PerFORMing (recyclable food trays using up to
80% less plastic and reducing carbon footprint by 70%); DelightBox
(lightweight 100% recycled containerboard box replacing plastic
bags); and recyclable consumer flexible solutions.
Guests will also visit our world-class, integrated
cost-advantaged Steti pulp and paper mill, with capacity of around
700ktpa. Since Mondi acquired the mill in 2000, production has
increased by 50% and productivity has more than doubled, while
greenhouse gas emissions have been halved. The recently completed
€376 million woodyard and mill infrastructure modernisation is
delivering key benefits in scale, efficiency and quality.
Mondi continues to deliver an industry leading performance.
Sustainability is at the core of Mondi’s strategy to drive
value-accretive growth, and we are well positioned as a leading
packaging producer with innovation capabilities across paper and
plastics.
Mondi Group CEO Peter Oswald said, “Mondi’s industry
leading margins and returns are a consequence of our inherent
competitive advantages. We are investing in our relationships, our
assets with cost-advantage, digitalisation and product development
to drive growth sustainably into the future. Today we will remind
investors that Mondi has a long tradition of sustainable solutions
and show how our teams are actively engaging with key stakeholders
to develop innovative products that are sustainable by design,
prioritising customer needs and the planet using our replace,
reduce, recycle approach.”
No material new information, forward looking financial
information nor update on trading will be provided. The event
will be webcast live from 8:30 UK time at
www.mondigroup.com/investorvisit19.
Contact details:
Mondi Group |
|
Andrew King
Group CFO |
+44 193 282 6321 |
Clara Valera
Group Head of Strategy and Investor Relations |
+44 193 282 6357 |
Kerry
Cooper
Senior Manager – External Communication |
+44 193
282 6323 |
FTI Consulting |
|
Richard Mountain |
+44 790 968 4466 |
About Mondi
Mondi is a global leader in packaging and paper, delighting
its customers and consumers with innovative packaging and paper
solutions that are sustainable by design. Our business is fully
integrated across the packaging and paper value chain – from
managing forests and producing pulp, paper and plastic films, to
developing and manufacturing effective industrial and consumer
packaging solutions. Sustainability is embedded in everything we
do. In 2018, Mondi had revenues of €7.48 billion and
underlying EBITDA of €1.76 billion.
Mondi has a premium listing on the London Stock Exchange (MNDI),
and a secondary listing on the JSE Limited (MNP). Mondi is a FTSE
100 constituent, and has been included in the FTSE4Good Index
Series since 2008 and the FTSE/JSE Responsible Investment Index
Series since 2007.
Sponsor in South Africa: UBS
South Africa Proprietary Limited.