Mondi shares surge as cost cutting measures drive fourth quarter profit beat

Mondi plc MNDI.L reported its fourth-quarter results on February 19, 2026, announcing an adjusted core profit of €214 million, beating analysts' expectations. The company’s shares rose more than 6% following the announcement, as investors responded to the earnings beat and a series of significant cost-cutting measures implemented during an ongoing paper-market downturn. These results and accompanying cuts affect shareholder returns, near-term cash flow and capital expenditure guidance during the current industry slump.

The Mondi board and Chief Executive Andrew King highlighted substantial company actions, including about 1,000 layoffs over the past year. Furthermore, the company announced that a further 200 expected from three plant closures would impact its workforce. These operational changes are being managed across the company's global footprint, which includes the United Kingdom GB, Finland FI, and India IN.