Mondi is an international paper and packaging company, with production operations across 31 countries and revenues of €5.3 billion in 2009. The Group’s key operations are located in Central Europe, Russia and South Africa and employed 31,000 people on average in 2009.
Mondi is fully integrated across the paper and packaging process, from the growing of wood and the manufacture of pulp and paper (including recycled paper), to the conversion of packaging papers into corrugated packaging and industrial bags.
The Group is principally involved in the manufacture of uncoated fine paper (UFP), packaging paper and converted packaging products, as well as speciality products.
Mondi is a dual listed company, with primary listings on the Johannesburg and London stock exchanges under the ticker codes MND (JSE) and MNDI (LSE) respectively. The Group has been recognised for its sustainability performance through its inclusion in the FTSE4Good UK, Europe and Global indices in 2008 and 2009 and the JSE’s Socially Responsible Investment (SRI) Index in 2007, 2008 and 2009.
2. Mondi Group
Mondi is an international paper and
packaging Group, with production
operations across 28 countries and about
23,400 employees.
Its key operations and interests are in
central Europe, Russia and South Africa.
The Group is involved in the manufacture
of packaging paper, converted packaging
products and uncoated fine paper.
SOLUTIONS. FOR YOUR SUCCESS. Europe & International Presentation February 2012 Page 1
3. Mondi Group
Key Figures Mondi Group
Mondi had revenues from continuing
operations of €5.7 billion in 2011 and is a
dual listed company at the London Stock
Exchange (LSE) and Johannesburg
Stock Exchange (JSE).
* Comparative information has been restated where appropriate to take cognisance of the discontinued operation.
1 The Group presents underlying EBITDA as measure which excludes special item in order to provide a more effective
comparison of the underlying financial performance between reporting periods.
2 ROCE is underlying operating profit expressed as a percentage of the average capital employed for the year, adjusted
for impairments and spend on strategic projects which are not yet in operation.
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4. Business Structure Mondi Group
Merebank
Europe & Richards Bay
South Africa
International (E&I)
Forests
Uncoated Fine Paper Corrugated Bags & Coatings
Uncoated Fine Paper Containerboard Kraft Paper
Corrugated Packaging Industrial Bags
Aylesford
Coatings & Consumer 50%
Newsprint
Packaging Mondi Shanduka
50%
Newsprint
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5. Corporate History Milestones
2000 2002 2004 2007
Acquisition of majority of Increased ownership Acquisition of Demerger of the Mondi Group from
Frantschach by Mondi of the Syktyvkar mill, the Roman Anglo American plc and dual listing
Russia, to over 90% Bauernfeind on the London and Johannesburg
Acquisition of 50% of the
group stock exchanges
Ružomberok UFP & pulp 2008
mill, Slovak Republic Acquisition of 54% of the Turkish New corporate
corrugated packaging business structure
Acquisition of the kraft
Tire Kutsan announced, Europe
paper, industrial bags and
& International
extrusion coating
Division and South
businesses of AssiDomän
Africa Division
Start-up of Coatings & created
Consumer Packaging
1967
Founding of Mondi, South Africa
2009
1997 Completion of the
Acquisition of Świecie, investments of
one of Poland’s €285m in the new
largest paper mills lightweight recycled
containerboard
2010 machine ECO7 and
Acquisition of the Western European industrial €45m in the new
1881 1793 and consumer bags business of Smurfit Kappa state-of-the-art
Founding of the pulp Founding of the corrugated box plant
and paper mill Neusiedler paper Completion of the €545m investment in the in Świecie, Poland
Frantschach, Austria mill, Austria extension and modernisation of the Syktyvkar
mill, Russia
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6. The Mondi Way
To create solutions for our customers’ success,
delivering exceptional value in a sustainable way
Purpose
Leading market positions
High quality, low cost asset base Strategy
Focus on performance
Operational Excellence Cutting Edge
People Development Products
Customer
Mondi Diamond
Sustainable
Development Focus
Dynamic Entrepreneurial
Respectful Empowered Culture
Responsible Transparent
Passion for performance
Caring Values
Acting with integrity
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7. The Mondi Diamond
Cutting Edge Products
Operational Excellence ● Ensure shared product development Sustainable Development
● Maximise equipment and and success with customers ● Care about health and
process efficiencies ● Create competitive advantages with safety
● Focus on quality and leading high-quality products and brands ● Reduce environmental
productivity ● Leverage expertise and create tailor- impacts and engage in
● Improve cost competi- made solutions sustainable forestry
tiveness and all ● Put social responsibility
operational activities into practice
Customer Focus People Development
● Understand market and ● Inspire and develop
customer needs people
● Strive for flawless service ● Promote excellence in
and on-time delivery leadership
● Facilitate sustainable ● Shape our culture and
partnerships and measure embrace diversity
success
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8. Mondi Europe & International
Key Figures
The Europe & International Division (E&I), headquartered in
Vienna, has around 75 production sites in 27 countries and
about 22,000 employees.
Our division consists of the uncoated fine paper, corrugated
and bags & coatings businesses.
2011 2010 Change
We are specialists in: Revenue €5,162m €4,852m 6.4%
● Office, digital and offset paper 1
Uncoated Fine Paper €1,429m €1,516m (5.7%)
● Containerboard 1
Corrugated €1,384m €1,235m 12.1%
● Corrugated packaging 1
● Kraft paper Bags & Coatings €2,478m €2,226m 11.3%
● Industrial bags 2
€611m €431m
● Consumer packaging Underlying Operating Profit 41.8%
● Extrusion coating Uncoated Fine Paper €205m €179m 14.5%
● Release liner Corrugated €178m €119m 49.6%
Bags & Coatings €228m €133m 71.4%
1 Including intra-segment revenue.
2 Operating profit of subsidiaries and joint ventures before special items.
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9. Mondi Europe & International Network
Around 75 production sites in 27 countries
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10. Mondi Europe & International
Production Statistics 2011
Uncoated Fine Paper 1,401 ktonnes
Corrugated
1,213 million m2
Containerboard 2,010 ktonnes Board & Boxes
Extrusion Coating
Kraft Paper 956 ktonnes 3,357 million m2
& Release Liner
Newsprint 199 ktonnes Industrial 3,958 million units
Bags
Market Pulp 213 ktonnes
Consumer 1,246 million units
Total pulp & paper 4,779 ktonnes Packaging
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11. A Top Player in Europe
Market Share in Europe* No. 1 No. 2 No. 3
Uncoated Uncoated Fine Paper1 15% *Europe including Russia and Turkey.
** Albania, Armenia, Azerbaijan, Belarus, Bosnia
and Herzegovina, Bulgaria, Croatia, Cyprus,
Fine Paper Office Paper1 23% Czech Republic, Estonia, Georgia, Hungary,
Latvia, Lithuania, Macedonia, Malta, Moldova,
Montenegro, Poland, Romania, Serbia, Slovakia,
Slovenia, Turkey, Ukraine.
Corrugated Virgin Containerboard2 12% 1) Based on sales volume. Source: EMGE
Woodfree Forecast Report, December 2010,
CEPIFINE, Pyrabelisk and management
Kraft Paper3 24% estimates.
2) Based on capacity. Source: RISI Capacity
Report 2011 and management estimates.
3) Based on capacity. Source: Pöyry July 2011
Bags and Industrial Bags4 23% report, RISI Lockwood-Post Mill Database 2011,
Pöyry Smart Terminal Service and management
estimates.
Coatings Extrusion Coating5 7% 4) Based on sales volume. Source: Eurosac,
Freedonia World Industrial Bags 2011 study
prepared for Mondi and management estimates.
5) Based on sales. Source: AWA Extrusion
Release Liner6 11% Coated Material European Market Study 2008
and management estimates.
6) Based on sales volumes. Source: AWA
European Release Liner outlook 2010 and
management estimates.
7) Based on capacity. Source: RISI Capacity
Emerging Europe** No. 1 No. 2 No. 3 Report 2011 and management estimates.
8) Based on production. Source: Henry Poole
Consulting 2010 and management estimates.
Recycled Containerboard7 16%
Corrugated
Corrugated Packaging8 8%
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12. Business Structure Europe & International
Uncoated Fine Paper Corrugated Bags & Coatings
Uncoated Fine Paper Containerboard Kraft Paper
Corrugated Packaging Industrial Bags
Coatings & Consumer
Packaging
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13. Uncoated Fine Paper
Solutions for successful communication.
Full range of digital printing papers: Color Copy,
DNS®, BIO TOP 3®, NAUTILUS®
Green Range = the highest ecological standards
for professional printers (digital, offset & pre-print
papers) and office users
A complete office portfolio: premium, everyday
paper and a full tinted range
Converting solutions for specialised products
4 Mills
13 Sales Offices
Digital Offset Office Converting
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14. Containerboard
Solutions for raw material savings.
Major European supplier of virgin and recycled
containerboard
High-speed lightweight recycled containerboard
machine ECO7, located in Central Europe at
Świecie mill in Poland
New white top kraftliner quality that meets
increased customer expectations
High quality containerboard grades for efficient
packaging solutions with minimum environmental
impact and maximum customer benefit
4 Mills
11 Sales Offices
Appearance Kraft Semi Chem Recycled
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15. Corrugated Packaging
Personal and innovative solutions.
Leading manufacturer of corrugated packaging in
central and emerging Europe
Full range of individual and tailor-made corrugated
packaging solutions for a variety of industries,
including the food, consumer goods and
automotive sectors
Network of product innovation managers and
research & development-dedicated infrastructure
and tools
15 Plants
1 Paper Mill
Shelf-ready Fruit & Top & bottom Heavy-duty
packaging vegetable trays solutions packaging 6 Sales Offices
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16. Kraft Paper
Economically & environmentally sound solutions.
Broad range of high-quality sack kraft and speciality
kraft papers
Based on virgin fibre sourced in accordance with
international forestry certification schemes
Experts in translating customer requirements into
tailored packaging solutions
Ecologically sound products from the Mondi Green
Range
6 Mills
9 Sales Offices
Sack Kraft Speciality Kraft Market
Paper Paper Pulp
3 R&D Centres
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17. Industrial Bags
Bag expertise at your service.
A trusted leader with operations in 27 countries,
ensuring international presence and local service
across an integrated value chain
Development of improved processes and tailor-
made solutions together with our customers
Technical bag expertise at its best through
extensive know-how in paper, bag converting and
filling equipment
Bag to nature – Sustainable industrial bag
solutions from the Mondi Green Range
37 Plants
8 Sales Offices
Paper-based Sustainable Special 1 R&D Centre
industrial bags innovations features
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18. Coatings & Consumer Packaging
Intelligent solutions for optimum performance.
Tailored silicone-coated and speciality release liners,
specifically designed for pressure-sensitive
applications
Converted pre-made bags & pouches as well as
printed films & laminates for consumer packaging
Extrusion coated and laminated materials for
functional enhancement of various substrates, such
as paper, board, films, nonwovens and scrims
21 Plants
4 Converting Terminals
Release Consumer Extrusion
Liner Packaging Coatings
1 R&D Centre
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19. Our Website
For more information about Mondi please visit our website
www.mondigroup.com
Corporate Products
About us Served industries
Locations Our Services
Investor relations Product news & events
www.mondigroup.com www.mondigroup.com/products
Careers Sustainability
Why talented people work Climate change & forestry
with Mondi
Social performance
Meet some of our people
Environmental performance
Career opportunities
www.mondigroup.com/careers www.mondigroup.com/sustainability
SOLUTIONS. FOR YOUR SUCCESS. Europe & International Presentation February 2012 Page 18
20. FORWARD - LOOKING STATEMENTS
It should be noted that certain statements herein which are not historical facts, including, without limitation those regarding expectations of market growth and developments;
expectations of growth and profitability; and statements preceded by “believes”, “expects”, “anticipates”, “foresees”, “may” or similar expressions, are forward-looking statements.
Since these statements are based on current knowledge, plans, estimates and projections, they involve risks and uncertainties which may cause actual results to materially differ from
those expressed in such forward-looking statements. Various factors could cause actual future results, performance or events to differ materially from those described in these
statements. Such factors include in particular but without any limitation: (1) operating factors such as continued success of manufacturing activities and the achievement of efficiencies
therein, continued success of product development plans and targets, changes in the degree of protection created by Group’s patents and other intellectual property rights, the
availability of capital on acceptable terms; (2) industry conditions, such as strength of product demand, intensity of competition, prevailing and future global market prices for the
Group’s products and raw materials and the pricing pressures thereto, financial condition of the customers, suppliers and the competitors of the Group, potential introduction of
competing products and technologies by competitors; and (3) general economic conditions, such as rates of economic growth in the Group’s principal geographical markets or
fluctuations of exchange rates and interest rates.
Mondi does not
a) assume any warranty or liability as to accuracy or completeness of the information provided herein
b) undertake to review or confirm analysts’ expectations or estimates or to update any forward-looking statements to reflect events that occur or circumstances that arise after the date
of making any forward-looking statements.
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