Mondi plc (MNDI) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.475 Good day, and thank you for joining us, Mondi, a leader in sustainable packaging and 00:00:03.475 -- 00:00:08.281 paper solutions with results for the six months ended 30th June 2025, 00:00:08.281 -- 00:00:11.905 presented by Andrew King and Mike Powell. 00:00:11.905 -- 00:00:15.769 There will be time for Q&A. At the end of the presentation, we'd ask you to use the raise 00:00:15.769 -- 00:00:19.974 hand function, and you'll be invited to unmute and put your question live. 00:00:19.974 -- 00:00:22.257 And our handover to host today, Andrew King. 00:00:22.257 -- 00:00:25.883 Andrew, over to you, please. Andrew, over to you, please. 00:00:25.883 -- 00:00:29.368 Good morning all and welcome to Mondi's results presentation. 00:00:29.368 -- 00:00:34.515 I'm Andrew King, your group CEO, and I'm joined by Mike Powell, our CFO. 00:00:34.515 -- 00:00:39.141 I'll be providing some highlights before I pass on to Mike for an overview of the financial 00:00:39.141 -- 00:00:40.543 performance. 00:00:40.543 -- 00:00:44.689 I'll then finish with a progress update on some of the important strategic initiatives 00:00:44.689 -- 00:00:48.915 we are taking to drive sustainable value creation. 00:00:48.915 -- 00:00:52.857 After that, Mike and I look forward to taking your questions. 00:00:54.453 -- 00:00:59.666 In summary, I think we believe we delivered a solid performance in the period 00:00:59.666 -- 00:01:05.300 in what are and will continue to be, in our view, challenging market conditions. 00:01:05.300 -- 00:01:10.432 Ongoing geopolitical and macroeconomic uncertainties continue to undermine consumer 00:01:10.432 -- 00:01:15.482 confidence and business confidence, impact trade flows and affect relative 00:01:15.482 -- 00:01:20.632 competitiveness....