Why is Mondi raising prices, and what specific cost pressures does it attribute to the Iran war?

Mondi is raising prices in response to increased costs caused by the Iran war, which has 'further increased volatility in an already complex operating environment'. Although the company states it has 'limited direct exposure to the region', it has experienced higher energy, raw material, and logistics costs as a result of the conflict. These war-related cost pressures are distinct from pre-existing challenges—including a prolonged industry-wide demand slowdown—that had already prompted Mondi to implement job reductions, business reorganisation, and plant closures.

What was Mondi's underlying core profit for the first quarter ended March 31, and how does it compare to the prior year?

Mondi reported an underlying core profit of 212 million euros ($247.57 million) for the first quarter ended March 31, which is 'significantly lower' than the 290 million euros reported in the same period a year earlier. The company attributed this decline to a challenging trading environment, compounded by the war-induced cost increases and the ongoing demand slowdown in the packaging industry.

Packaging group Mondi to raise prices as Iran war increases costs

Apr 23, 2026

Mondi announced price increases to offset rising energy, raw material, and logistics costs exacerbated by the Iran war, resulting in lower Q1 core profits.

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2026-04-23

Packaging group Mondi to raise prices as Iran war increases costs

2026-10-15

Packaging firm Mondi hikes prices again to counter rising costs

Packaging group Mondi to raise prices as Iran war increases costs

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