Mondi raises paper prices again as energy and input costs climb

what happened

Paper and packaging maker Mondi has lifted prices on a number of its paper grades during the third quarter, aiming to absorb higher energy and raw material bills. The company expects the increases to feed through toward late 2026 and into 2027, helped by a healthy order backlog. The details come from a Newsmetry API report.

Mondi did not say how large the hikes were. JP Morgan analysts argued that any sequential gain from them in the fourth quarter would be small, since energy prices keep climbing. Shares of the group dropped as much as 8.8% in early Thursday trading.

Underlying core profit climbed 17.4% to €196 million ($219.81 million) for the three months ending September 30, compared with the prior quarter, which had included a forestry writedown. Stripping that out, core profit fell, chiefly because of scheduled maintenance stoppages. Exchange rate used: $1 = 0.8917 euros.

why it matters

For investors, the episode highlights how hard it is for packaging producers to pass rising costs on to customers. The sharp share reaction suggests markets doubt that margins can hold up while energy stays expensive.

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