Mondi is an international packaging and paper Group, employing around 24,000 people in production facilities across 30 countries. In 2013, Mondi had revenues of €6.5 billion and a ROCE of 15.3%. The Group's key operations are located in central Europe, Russia, the Americas and South Africa.
The Mondi Group is fully integrated across the packaging and paper value chain - from the management of its own forests and the production of pulp and paper (packaging paper and uncoated fine paper), to the conversion of packaging paper into corrugated packaging, industrial bags, extrusion coatings and release liner. Mondi is also a supplier of innovative consumer packaging solutions, advanced films and hygiene products components.
Mondi has a dual listed company structure, with a primary listing on the JSE Limited for Mondi Limited under the ticker code MND and a premium listing on the London Stock Exchange for Mondi plc, under the ticker code MNDI. The Group’s performance, and the responsible approach it takes to good business practice, has been recognised by its inclusion in the FTSE4Good Global, European and UK Index Series (since 2008) and the JSE's Socially Responsible Investment (SRI) Index since 2007.
2. IN TOUCH EVERY DAY
Our products touch the lives of millions,
every day.
April 2014Europe & International Presentation Page 1
3. International. Every day.
We act locally. At around 100 sites. Worldwide.
April 2014Europe & International Presentation Page 2
4. Mondi Group
We are an international packaging and paper Group, employing around
24,000 people in production facilities across more than 30 countries.
Our key operations are located in central Europe, Russia, the Americas and
South Africa.
April 2014Europe & International Presentation
Europe &
International (E&I)
Division
South Africa
Division
Corrugated
Packaging
Fibre Packaging
Industrial Bags
Coatings
Consumer Goods
Packaging
Consumer
Packaging
Advanced Films
& Components
Uncoated Fine
Paper
Uncoated Fine
Paper
Containerboard
Pulp
Containerboard
Packaging Paper
Sack Kraft
Paper
Speciality Kraft
Paper
Page 3
5. Mondi Group – Key figures
In 2013, Mondi had revenues of €6.5 billion and a ROCE of 15.3%. The Group is
listed on both the London Stock Exchange (LSE) and Johannesburg Stock
Exchange (JSE).
April 2014Europe & International Presentation Page 4
* The Group has restated comparative information following the adoption of revised IFRS standards.
1 The Group presents underlying EBITDA and operating profit as measures which exclude special items in order to provide a more effective comparison of the underlying financial
performance of the Group between financial reporting periods.
2 ROCE is underlying 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.
2013 2012* Change
Revenue €6,476m €5,790m 12%
Underlying EBITDA1 €1,068m €927m 15%
Underlying operating profit1 €699m €574m 22%
ROCE2 15.3% 13.6% -
Mondi Group
6. * Under construction
Mondi Group – Network
Mondi operates locally with around 100 operations in more than 30 countries.
April 2014Europe & International Presentation Page 5
*
7. Our history
April 2014Europe & International Presentation Page 6
1967
Founding of Mondi
1793
• Founding of the Neusiedler paper
mill, Austria
1881
• Founding of the pulp and paper mill
Frantschach, Austria
1997
• Acquisition of Świecie, one of Poland’s
largest paper mills
2000
• Acquisition of majority of Frantschach
• Acquisition of 50% of the Ružomberok UFP &
pulp mill, Slovak Republic
• Acquisition of the kraft paper, industrial bags
and extrusion coatings businesses of AssiDomän
• Start-up of Extrusion Coatings, Release Liner
and Consumer Packaging
2002
• Increased ownership of the Syktyvkar mill,
Russia, to over 90%
2004
• Acquisition of the Roman Bauernfeind group
2010
• Acquisition of the Western European
industrial and consumer bags businesses of
Smurfit Kappa
• Completion of the extension and
modernisation of Syktyvkar, Russia
2007
• Demerger of the Mondi Group from Anglo
• Acquisition of majority stake in
Tire Kutsan, Turkey
2009
• Start of new lightweight recycled
containerboard machine ECO7 and
corrugated box plant in Świecie, Poland
2012
• Acquisition of NORDENIA INTERNATIONAL AG
• Acquisition of Duropack operations in
Germany and Czech Republic
2013–2016
• Over €500 million allocated to major
strategic capital projects
8. To create solutions for our customers’ success,
delivering exceptional value in a sustainable way.
Purpose
● Passion for performance
● Caring
● Acting with integrity
Values
● Operational excellence
● People development
● Sustainable development
● Cutting edge products
● Customer focus
The Mondi Way
April 2014Europe & International Presentation Page 7
● Dynamic
● Respectful
● Responsible
● Entrepreneurial
● Empowered
● Transparent
Strategy
The Mondi Diamond
Culture
● Leading market positions
● High-quality, low-cost asset base
● Customer focused development
● Focus on performance
Strategy
9. The Mondi Diamond
April 2014Europe & International Presentation Page 8
Operational Excellence Cutting Edge Products Sustainable Development
Customer Focus People Development
We focus on
●Listening to our
customers to deliver
exceptional value
●Creating competitive
advantages with leading,
high-quality products
and brands
●Leveraging expertise
and creating tailor-made
solutions
We focus on
●Maximising equipment and
process efficiencies
●Delivering on quality and
productivity
●Improve cost
competitiveness
We focus on
●Achieving zero harm and
providing a healthy work
environment
●Minimising environmental
impacts and engaging in
sustainable forestry
●Putting social responsibility
into practice
We focus on
●Understanding market and
customer needs
●Flawless service and on-
time delivery
●Sustainable partnerships
and measurable success
We focus on
●Inspiring and developing
people
●Promoting excellence in
leadership
●Shaping our culture and
embracing diversity
10. Performance driven. Every day.
We’re passionate about performance.
It’s in our DNA.
April 2014Europe & International Presentation Page 9
11. Mondi Europe & International
The Europe & International Division (E&I), headquartered in Vienna, consists of the
4 business units: Packaging Paper, Fibre Packaging, Consumer Packaging and
Uncoated Fine Paper.
April 2014Europe & International Presentation
Packaging Paper Fibre Packaging
Consumer
Packaging
Consumer Goods
Packaging
Advanced Films &
Components
Containerboard
Corrugated
Packaging
Industrial Bags
Uncoated Fine
Paper
Coatings
Sack Kraft Paper
Speciality Kraft
Paper
Page 10
12. Mondi Europe & International – Key figures
Today packaging represents more than two-thirds of our product mix.
April 2014Europe & International Presentation Page 11
Mondi E&I
Revenue 2013 2012 Change
Packaging Paper €2,000m €1,896m 5%
Fibre Packaging €1,967m €1,860m 6%
Consumer Packaging €1,153m €502m -
Uncoated Fine Paper €1,388m €1,466m (5%)
Underlying operating profit1 2013 2012 Change
Packaging Paper €298m €227m 31%
Fibre Packaging €93m €101m (8%)
Consumer Packaging €74m €19m -
Uncoated Fine Paper €172m €191m (10%)
Mondi Europe & International
1 The Group presents the underlying operating profit as a measure which excludes special items in order to provide a more effective comparison of the underlying
financial performance of the Group between financial reporting periods.
13. Production statistics 2013
April 2014Europe & International Presentation
Total pulp and paper = 4,960 ktonnes
Containerboard
2,139 ktonnes
Kraft paper
1,011 ktonnes
Uncoated fine paper
1,381 ktonnes
Market pulp
222 ktonnes
Newsprint
207 ktonnes
Corrugated board and boxes
1,344 million m2
Industrial bags
3,997 million units
Coating and release liners
3,348 million m2
Consumer packaging
283 ktonnes
Page 12
14. A top player in Europe
We develop and maintain leading positions in our core packaging and
uncoated fine paper markets.
April 2014Europe & International Presentation
#2 #1 #1 #3 #2 #1 #1 #1 #1
Virgin
container-
board1
Kraft
paper2
Industrial
bags3
Release
liner4
Extrusion
coatings5
Uncoated
fine
paper6
Office
paper6
Container-
board1
Corrugated
packaging7
Europe* Emerging Europe**
*Europe including Russia and Turkey
**Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Georgia, Hungary, Latvia, Lithuania, Macedonia, Malta,
Moldova, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia, Turkey, Ukraine
1 Based on capacity. Source: RISI European Paper Packaging Capacity Report, January 2013, and management estimates
2 Based on capacity. Source: Pöyry World Paper Markets up to 2025, RISI Mill Asset Database, Pöyry Smart Terminal Service and management estimates
3 Based on sales volume. Source: Eurosac, Freedonia World Industrial Bags 2011 study and management estimates
4 Based on sales volume. Source: AWA European Release Liner Market Update Study 2013, October 2013 report and management estimates
5 Based on sales. Source: AWA Extrusion Coated Material European Market Study 2008 and management estimates
6 Based on sales volume. Source: EMGE Woodfree Report, December 2012, Eurograph delivery statistics 2012, Pyrabelisk and management estimates
7 Based on sales. Source: Henry Poole Consulting 2013 and management estimates
Page 13
15. Integrated value chain
April 2014Europe & International Presentation Page 14
Paper for recycling
Pulp millForest Pulp
Paper mill Recycled and virgin
containerboard
Box plant
Corrugated
packaging
Forest Pulp mill Pulp Paper mill Uncoated fine paper Finishing
Office and
professional
printing paper
Film extrusion plant Films
Converting plant
Consumer goods
packaging
Advanced films
and components
Pulp mill Pulp Paper mill
Sack kraft paper and
speciality kraft paper
Converting plant
Industrial
bags
Coatings
16. Packaging and paper. Every day.
We create brilliant packaging and paper
solutions that help our customers succeed.
And help their customers live their lives.
April 2014Europe & International Presentation Page 15
17. An international player in virgin and recycled containerboard
● Major European supplier of virgin and recycled containerboard
● High-speed lightweight recycled containerboard machine
ECO7, located in central Europe at Swiecie mill in Poland
● White top kraftliner quality that meets increased customer
expectations
● Green Containerboard promotes environmentally preferable
purchasing and supports our customers in going green
● 5 mills
● 11 sales offices
Containerboard
April 2014Europe & International Presentation Page 16
Appearance Kraft Semi Chem Recycled
18. More than 100 years of expertise in papermaking
● Strong commitment to high-quality sack kraft papers
● Based on virgin fibre sourced in accordance with international
forestry certification schemes
● Advantage product portfolio includes brown, white as well as
PE-coated paper grades, ideally suited for various types of
industrial bags
● Ecologically sound products from the Mondi Green Range
● 4 mills
● 11 sales offices
● 2 representative offices
● 3 R&D centres
Sack kraft paper
April 2014Europe & International Presentation Page 17
Cement & Building Chemicals Food Other industries
19. ● 5 mills
● 1 converting terminal
● 11 sales offices
● 2 representative offices
● 3 R&D centres
The one-stop shop for your paper-based packaging needs
● Broad range of speciality kraft papers designed for special
needs and customised applications
● 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
Speciality kraft paper
April 2014Europe & International Presentation Page 18
Bags
& Shoppers
Coating
& Laminates
Release base
& Medical
Hygiene
Release Liner
20. Creating high-performance corrugated solutions for your needs
● 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
R&D-dedicated infrastructure and tools
Corrugated packaging
April 2014Europe & International Presentation Page 19
Heavy-duty
packaging
Top & bottom
solutions
Fruit & vegetable
trays
Shelf-ready
packaging
● 1 mill
● 15 plants
● 6 sales offices
21. Your competent and reliable partner for industrial bags
● A trusted leader with operations in 28 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
Industrial bags
April 2014Europe & International Presentation Page 20
● 36 plants
● 7 sales offices
● 1 R&D centre Product securityHigh-speed filling Food safety Easy handling
22. Solutions for your self-adhesive products
● Tailor-made silicone-coated and speciality release liners,
specifically designed for pressure-sensitive applications
● Applications served include graphic arts, tapes, fibre
composites, labels, medical and many more
● With our transatlantic operations, we offer high-quality and
competitive product and service solutions as well as a stable
and reliable supply chain to our customers
● 10 plants
● 1 converting terminal
Release liner
April 2014Europe & International Presentation Page 21
Graphic arts LabelsTapes Fibre composites
23. Tailor-made barrier solutions for our customers’ needs
● High-quality, cost- and energy-efficient technical solutions for
various industries, including the automotive, building, food,
industrial paper and packaging, medical and pharmaceutical
as well as graphical sectors
● Extrusion coating and laminating for functional enhancement
of various substrates, such as paper, board, films, nonwovens
and scrims
● 5 plants
Extrusion coatings
April 2014Europe & International Presentation Page 22
Medical
packaging
Insulation
facers
Building
membranes
Dehydrated
food packaging
24. Attractive and convenient packaging for the consumer industry
● High-quality laminates and barrier materials are converted into
a broad range of flexible packaging solutions, such as (retort)
stand-up pouches, reclosable plastic bags and paper-based bags
● The majority of production sites are BRC/IoP- and
ISO 9001:2008-certified, ensuring highest quality
and hygiene standards
Consumer goods packaging
April 2014Europe & International Presentation Page 23
Printed laminates
and films
Paper-based
bags
(Retort) stand-up
pouches
Reclosable
plastic bags
● 13 plants
● 2 sales offices
● 1 R&D centre (with AFC)
25. Hygiene components and film solutions for individual needs
● Specialist for blown and cast film extrusion with
in-depth knowledge about the development and production
of film-based solutions
● Leading supplier for innovative diaper components and
siliconised films for the hygiene industry
● Trusted partner for international label stock producers
● Full range supplier for laminating films and specialist for
automotive, technical and industrial applications
Advanced films and components
April 2014Europe & International Presentation Page 24
Surface
protection films
Converter
(barrier) films
Hygiene
components
Label
films
● 6 plants
● 1 R&D centre (with CGP)
26. Leading office and printing paper producer in Europe
● A complete office portfolio: premium, everyday paper and a full
tinted range
● Wide range of whiteness levels, textures, grammages and
recycled grades for all your office applications
● Achieves optimal results on laser, inkjet and copy machines
● Green Range = the highest ecological standards
for office users
● 4 mills
● 13 sales offices
Office paper
April 2014Europe & International Presentation Page 25
NAUTILUS®
IQ color/
MAESTRO® colorColor Copy IQ/MAESTRO®
27. One-stop paper manufacturer for graphic printing needs
● Full range of digital printing papers: Color Copy, DNS®,
BIO TOP 3®, NAUTILUS®
● Wide portfolio of smooth, high-white/white, off-white, recycled,
colored and coated papers
● Green Range = the highest ecological standards
for professional printers on digital, hybrid, HP Indigo,
high-speed inkjet or offset presses
● Converting solutions for specialised products
● YBBS® premium board provides a natural uncoated feeling for
premium packaging applications
Converting
YBBS®
premium boardColor Copy DNS®
● 4 mills
● 13 sales offices
Professional printing paper
April 2014Europe & International Presentation Page 26
28. Customer focused. Every day.
We’re reliable. Every day we keep the
promises we make.
April 2014Europe & International Presentation Page 27
29. Expertise across markets
April 2014Europe & International Presentation Page 28
Food &
Beverages
Building &
Construction
Home &
Personal Care
Office &
Professional
Printing Paper
Paper &
Packaging
Converting
30. Expertise across markets
April 2014Europe & International Presentation Page 29
Medical &
Pharmaceutical Automotive Pet Care
Chemicals &
Dangerous
Goods
Graphic &
Photographic
31. Expertise across markets
April 2014Europe & International Presentation Page 30
Multiple other
industries
● Bags and shoppers
● Envelopes
● Fabricated metal products
● Fibre composites
● Foam
● Furniture films
● Glassware and ceramics
● Tapes
● Tobacco and cigarettes
● Transport and pallet protection
● White and brown goods
● …
32. Green Range
April 2014Europe & International Presentation Page 31
Packaging and paper solutions that are:
optimised to save natural resources and reduce waste,
certified for their sustainability by internationally recognised bodies.
ProVantage
Kraftliner Aqua Terra Bag® PerfoamPack
Sustainable
alternative to wax-
coated paper for
packaging
applications in very
humid, cold and
hot environments.
Paper-based bag
with an optional
biodegradable film
for better humidity
protection.
Physically foamed
film that reduces
packaging weight
without decreasing
rigidity or
thickness.
All our branded
papers meet the
following criteria:
FSC™/PEFC™
certified
or totally chlorine-
free (TCF)
or 100% recycled
Uncoated fine
paper
33. Innovative. Every day.
We’re inventors, creators, pioneers – listeners.
We love to find smarter ways to help our
customers do it better.
April 2014Europe & International Presentation Page 32
34. Research & Development
April 2014Europe & International Presentation Page 33
Designing smart, customised
solutions for packaging food,
helping customers meet
increasingly stringent
regulations.
Specialising in developing high-
performance kraft papers with
excellent technical properties
and printability to meet the
highest ecological standards.
Applying our industrial
techniques and processes
to meet our customers‘
challenges.
Developing innovative and
flexible film solutions with
state-of-the-art analytical
and pilot-line equipment.
Food Safety Laboratory
Focusing on cutting edge
products with flawless
runnability and outstanding print
quality in office and professional
printing environments.
R&D Innovation Centre
Bag Application Centre
UFP Product & Process Development Centre
Consumer Packaging R&D Centre
35. Cutting edge products
April 2014Europe & International Presentation Page 34
FIBROMER®
Sheekan Bag with
Easy Seal valve Miprotex PerfoamPack
Revolutionary
polymer reinforced
with cellulose fibre
as the sustainable
alternative for all
injection moulding
applications
Award winning bag
for outstanding
protection and
filling speed
Efficient and safe
barrier solution
that prevents the
migration of
mineral oil
A physically
foamed film that is
lighter but
maintains rigidity
and thickness
36. Unfold (y)our true potential.
Every day.
We want to be a place where everyone can
grow. Careers can be made. And opportunities
unfold.
April 2014Europe & International Presentation Page 35
37. An inspiring place to work
Working at Mondi is exciting and challenging!
April 2014Europe & International Presentation Page 36
It’s a place where careers and opportunities
can flourish. That’s why we say,
“Unfold your and our true potential.”
38. The Mondi Academy
The Mondi Academy offers 40 courses covering Mondi technologies, business tools
as well as personal and leadership skills.
April 2014Europe & International Presentation
Technical
Excellence
Business
Excellence
Personal
Excellence
Leadership
Excellence
Customised
programmes for
● Mondi
products
● Processes
● Technologies
● Markets
● Finance
● Project
management
● Business
English
● Presentation
techniques
● Negotiation
skills
● Conflict
management
● Management
techniques
● Leadership
styles
● Motivation
● Delegation
● Target setting
● Sales
● Procurement
● Shift leaders
● Finance
managers
● Many more
Page 37
39. Sustainable. Every day.
When we think about today, we never forget
tomorrow.
April 2014Europe & International Presentation Page 38
40. Our key sustainabilty focus areas
April 2014Europe & International Presentation Page 39
ForestryClimate change Water
Climate change represents
one of the greatest threats to
our environment, society and
economy. Our climate change
programme is mainly focused
on:
● more efficient use of energy
● increasing our use of
renewable energy
Forests are essential for our
business and for the
communities in which we
operate, and wood is one of
our primary raw materials.
We are committed to:
● responsible, sustainable
management of forests and
associated ecosystems
● the responsible sourcing of
wood, fibre and biomass
Water is a critical resource and
a key ecosystem service for our
business throughout our value
chain. We continue to manage
our water footprint through:
● conducting water impact
assessments at all our mills and
forest operations
● recycling and reusing water
where possible, and treatment
of our discharged water
41. Our key sustainabilty focus areas
April 2014Europe & International Presentation Page 40
CommunitiesEmployees Partnership
Our people, and the care they
take in their work, make it
possible for us to achieve our
sustainable development goals.
So it’s vital that we
communicate effectively with
them every day and make sure
we protect their health and
safety at all times.
The future prospects of our
business lie in the health and
stability of the communities we
live and work in.
We aim to make a real and
lasting contribution to our
communities both through
direct and indirect economic
contributions and through
community engagement plans.
In February 2014, we entered a
3-year partnership with WWF
International, focusing on
increasing environmental
stewardship in the packaging
and paper sectors:
● minimising the impacts of our
operations on forests, climate
and water
● encouraging sustainable
practices in our industry
42. Keep in touch
with Mondi on our website www.mondigroup.com …
April 2014Europe & International Presentation Page 41
Corporate
About us
Locations
Investor relations
www.mondigroup.com
Products
Served industries
Green Range
Research & Development
Product news and events
www.mondigroup.com/products
Careers
Meet some of our people
Career opportunities
www.mondigroup.com/careers
Sustainability
Case studies
Online sustainable development report
www.mondigroup.com/sustainability
… or on Facebook www.facebook/Mondigroup and
experience Mondi in action by watching our latest videos
on www.youtube.com/MondiCom
43. April 2014Europe & International Presentation Page 42
Forward-looking statements disclaimer
This document includes forward-looking statements. All statements other than statements of historical facts included herein, including, without limitation, those regarding Mondi’s financial
position, business strategy, market growth and developments, expectations of growth and profitability and plans and objectives of management for future operations, are forward-looking
statements. Forward-looking statements are sometimes identified by the use of forward-looking terminology such as ‘believe’, ‘expects’, ‘may’, ‘will’, ‘could’, ‘should’, ‘shall’, ‘risk’, ‘intends’,
‘estimates’, ‘aims’, ‘plans’, ‘predicts’, ‘continues’, ‘assumes’, ‘positioned’ or ‘anticipates’ or the negative thereof, other variations thereon or comparable terminology. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Mondi, or industry results, to be
materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements and other
statements contained in this document regarding matters that are not historical facts involve predictions and are based on numerous assumptions regarding Mondi’s present and future
business strategies and the environment in which Mondi will operate in the future. These forward-looking statements speak only as of the date on which they are made.
No assurance can be given that such future results will be achieved; 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 Mondi’s patents and other intellectual property rights
and 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
Mondi’s products and raw materials and the pricing pressures thereto, financial condition of the customers, suppliers and the competitors of Mondi and potential introduction of competing
products and technologies by competitors; and (3) general economic conditions, such as rates of economic growth in Mondi’s principal geographical markets or fluctuations of exchange
rates and interest rates.
Mondi expressly disclaims
a) any warranty or liability as to accuracy or completeness of the information provided herein; and
b) any obligation or undertaking to review or confirm analysts’ expectations or estimates or to update any forward-looking statements to reflect any change in Mondi’s expectations or
any events that occur or circumstances that arise after the date of making any forward-looking statements,
unless required to do so by applicable law or any regulatory body applicable to Mondi, including the JSE Limited and the LSE.