“Particularly pleasing is the strong growth we are seeing in our market-leading Flexible Packaging business. Our innovative product offering means we can use paper where possible and plastic when useful to provide customers with a uniquely broad choice of flexible packaging solutions to meet their needs.
delivered a strong performance across the business in 2022. We continue to accelerate our growth ambitions, making good progress with our significant expansionary capital investment pipeline. Projects focus on expanding capacity to serve growing markets, productivity improvements, enhancing cost competitiveness and delivering sustainability benefits.
” The company warned that whilst a number of input costs are starting to decline, it continued to see an environment of softer demand and pricing, with destocking expected to continue through the first quarter. However, Mondi added: “We remain confident of our compelling product portfolio and resilient business model.”
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