Mondi Full Year 2024 Earnings: EPS Misses Expectations

Mondi (LON:MNDI) Full Year 2024 Results

Key Financial Results

• Revenue: €7.42b (up 1.2% from FY 2023).
• Net income: €218.0m (down 57% from FY 2023).
• Profit margin: 2.9% (down from 6.8% in FY 2023).
• EPS: €0.49 (down from €1.14 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mondi EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 43%.

The primary driver behind last 12 months revenue was the Flexible Packaging segment contributing a total revenue of €3.96b (53% of total revenue). Notably, cost of sales worth €4.34b amounted to 59% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to €1.65b (58% of total expenses). Explore how MNDI's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Forestry industry in Europe.

Performance of the market in the United Kingdom.

The company's shares are down 6.4% from a week ago.

Risk Analysis

Be aware that Mondi is showing 3 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.