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Financial statement analysis of Mondi Świecie S.A. Agata Kocia, Ph.D., MBA based on presentation of Piotr Sokołowski. Company’s history. 1991 – Pulp and Paper Plant in Świeć wholly transformed into sole proprietorship State Treasury company
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Financial statement analysis of Mondi Świecie S.A. Agata Kocia, Ph.D., MBA based on presentation of Piotr Sokołowski
Company’s history • 1991 – Pulp and Paper Plant in Świeć wholly transformed into sole proprietorship State Treasury company • 1997 – introduced 15% of the shares onto the Warsaw Stock Exchange and sold majority stake in the Framondi NV company • Since 2008 - Mondi Świecie SA
Production activities • Paper for corrugated board • ProVantage • Paper for paper bag production • Advantage kraft • Advantage Semi extensible
Market structure • Sixth market in terms of packaging • Good growth prospects in the future • Mondi Świecie S.A. current cost market leader • The market should be analyzed as a European market and not only Polish • Oligopoly structure?
Competition (1) • Smurfit Kappa Ireland – is part of an international corporation Smurfit Kappa Group, a leading packaging supplier in Europe with a strong position in Latin America • European leader in the production of solid board, corrugated and graphics as well as cardboard packaging • sales of around € 7 billion, approximately 400 locations and 40 000 employees • Stora Enso Oyj – Finnish pulp and paper manufacturer • headquarters in Helsinki, has approximately 29 000 employees • in 2002 was the fifth largest producer of pulp and paperin terms of revenues • in 2005 the world's largest pulp and paper producer in terms of production capacity
Competition (2) • DS. Smith • VPK • Model • Dunapack
Plans and growth perspectives • Improve quality • Maintain cost market leader position • reduce energy costs • reduce costs associated with the purchase of wood • reduce costs associated with the use of chemicals