Mondi plc [MONDY] Stock Forecast

Mondi, a packaging and paper multinational, had a challenging first half due to downward pricing pressure in the global paper market. Despite the challenging business environment, Mondi remains well-positioned in an industry with high and growing demand, providing some level of protection to profitability. The company's interim results were underwhelming, with revenue falling and pre-tax profit more than halving, but its strong cash generation performance highlights its long-term investment potential.

Shares in Mondi PLC (LSE:MNDI) climbed almost 5% as the FTSE 100-listed packaging firm announced its final Russian assets would be sold off for 80 billion Russian Ruble (£0.67 billion). Though previously pointing to slow progress in gaining regulatory approval, Mondi announced on Monday that Russian authorities had now given the green light.

JP Morgan upgraded Mondi PLC (LSE:MNDI) and Smurfit Kappa Group plc (LSE:SKG) noting concerns on lower prices, destocking and the macro environment have seen share prices fall around 15% this year. The US investment bank thinks testliner prices are at/close to the bottom as costs are starting to support prices implying box prices will bottom in the second half of 2023.

Recently, my articles have largely spotlighted stocks promising both growth and value. It's my conviction that these types of stocks are poised for impressive gains.

Mondi, a leading paper and packaging company, is a top choice for investors looking to tap into the industry, offering high returns on capital, low indebtedness, and a strong dividend. The industry is currently experiencing a slowdown, but the following quarters could provide a good entry point for leading names in the industry, including Mondi. Despite concerns around industry slowdown and uncertainty around Russian operations, Mondi stock is reasonably priced and offers a good dividend, making it an attractive option for risk-tolerant investors.

Mondi is a UK-based leader in the paper and cardboard packaging industry. Unfortunately, the company is selling its Russian subsidiary at just 2.5 times EBITDA.

Mondi plc (OTCPK:MONDF) Q4 2022 Results Conference Call February 23, 2023 4:00 AM ET Company Participants Andrew King - Chief Executive Officer Mike Powell - Chief Financial Officer Conference Call Participants Lars Kjellberg - Crédit Suisse Cole Hathorn - Jefferies Justin ordan - Davy Research Joffrey Meller - Bank of America Brian Morgan - Morgan Stanley Andrew Jones - UBS David O'Brien - Goodbody Andrew King Good morning, all, and welcome to the Mondi Full Year 2022 Results Presentation. I'm Andrew King, your Group CEO, and I'm joined by Mike Powell, our CFO.

Mondi delivered a solid set of numbers in Q4 and FY 2022. The company managed excellent operational performances in a challenging business environment. Lower debt and higher FCF generation.

Mondi PLC (LSE:MNDI) shares dropped on Thursday as it warned that it continues to see softer demand and pricing, despite input costs declining as it reported full-year 2022 profits that more than doubled on higher prices. The FTSE 100-listed paper and packaging group posted a 119% jump in pre-tax profit before tax to €1.56bn for the year ended December 31, 2022, as revenue excluding Russian operations surged by 28% to €9bn.

Supply and demand are out of balance in the Paper and Related Products industry, which is leading to pricing strength rarely seen before. And rising estimates indicate that the market will remain supportive to industry players in 2023.

Mondi plc is a GB stock and trading under the symbol MONDY

Mondi plc stock price is $33.29 today.

Yes, Mondi plc is a publicly traded company.