Mondi plc ( (GB:MNDI) ) has issued an update.
Mondi plc has announced the exchange rates for its 2024 final dividend payments, set to be distributed on 16 May 2025. UK shareholders will receive the dividend in sterling at a rate of EUR 1 to GBP 0.85558, while South African shareholders will receive it in rand at a rate of EUR 1 to ZAR 19.31475. This announcement confirms the company’s commitment to providing consistent returns to its shareholders, reflecting its strong financial performance and strategic focus on sustainability.
Spark’s Take on GB:MNDI Stock
According to Spark, TipRanks’ AI Analyst, GB:MNDI is a Neutral.
Mondi plc receives an overall score of 62, reflecting mixed financial performance with pressures on profitability and cash flow. Technical analysis indicates a neutral to slightly bearish trend, with potential for volatility. Valuation appears high, though the dividend yield remains attractive. Recent corporate events positively impact the score, highlighting strategic growth and shareholder focus.
To see Spark’s full report on GB:MNDI stock, click here.
More about Mondi plc
Mondi is a global leader in packaging and paper, employing 22,000 people across more than 30 countries. The company is committed to sustainability, focusing on circular-driven solutions and climate action, with revenues of €7.4 billion and an underlying EBITDA of €1.0 billion in 2024. Mondi is listed on the London Stock Exchange and is a FTSE100 constituent, with a secondary listing on the JSE Limited.
YTD Price Performance: -1.97%
Average Trading Volume: 1,429,962
Technical Sentiment Signal: Buy
Current Market Cap: £4.95B
For a thorough assessment of MNDI stock, go to TipRanks’ Stock Analysis page.