Q3 2021 Mondi PLC Trading Statement Call Transcript

Oct 07, 2021 / 07:00AM GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to Mondi Group Trading Update. (Operator Instructions)

At this time, I would like to hand the conference over to CEO of Mondi Group, Andrew King. Please go ahead, sir.

Andrew Charles Wallis King - Mondi plc - Group CEO & Executive Director

Good morning. I'm Andrew King, Group CEO of Mondi. And with me today is Mike Powell, our Group CFO.

I'd like to briefly summarize this morning's announcement before taking any of your questions. Mondi delivered a very strong performance in Q3 with higher average prices across the business and strong volume growth and delivered on a year-on-year basis against the backdrop of what is sharply high input costs. Underlying EBITDA for the third quarter was EUR 388 million, up 27% on the comparable prior year period and up 9% sequentially.

Throughout this period of high demand, we, of course, remained very focused on ensuring the security of supply and our high-quality service to our customers. Our growth is underpinned by our leading

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