Strong end to the year helps Smurfit Kappa beat forecasts

10th Feb 2021 07:03

(Sharecast News) - Smurfit Kappa posted forecast-beating final earnings on Wednesday, boosted by strong demand in Europe and America.

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BofA says 'buy' Mondi, cuts Smurfit and DS Smith

8th Feb 2021 10:51

(Sharecast News) - Bank of America upgraded Mondi to 'buy' and cut Smurfit Kappa and DS Smith to 'hold' to take account of rising costs.

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Smurfit Kappa raises €660.0m to accelerate investments

20th Nov 2020 08:58

(Sharecast News) - Packaging solutions group Smurfit Kappa has raised roughly €660.0m as part of an effort to accelerate investments and capitalise on trends towards e-commerce and sustainable packaging.

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Smurfit Kappa to tap markets for 650m euros to capitalise on growth opportunities

19th Nov 2020 18:01

(Sharecast News) - Smurfit Kappa has decided to raise funds in order to accelerate its investments and capitalise on the trends towards e-commerce and sustainable packaging for products, having identified between €1.2-1.4bn of investment opportunities to boost the group's competitive advantage.

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Smurfit Kappa to pay dividend after Q3 beats expectations

4th Nov 2020 07:07

(Sharecast News) - Smurfit Kappa said trading in the third quarter beat its expectations and that it would pay a second interim dividend in line with previous distributions.

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Almost a third of FTSE 100 cut or scrap dividends

15th Apr 2020 12:01

(Sharecast News) - Almost one-third of FTSE 100 companies have cut or scrapped their dividends during the coronavirus crisis, leaving investors relying on 10 companies for two-thirds of the index's likely payouts in 2020, research shows.

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Smurfit Kappa FY revenue rises, dividend hiked

5th Feb 2020 07:20

(Sharecast News) - Corrugated packaging group Smurfit Kappa reported a rise in full-year core earnings and revenue on Wednesday as it benefited from its capital spend programme and recent acquisitions.

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Wednesday preview: Services sector PMIs, Smurfit Kappa in the spotlight

4th Feb 2020 16:47

(Sharecast News) - Financial markets' attention will shift towards services sector activity around the globe, with purchasing managers' surveys due out in the US, UK and euro area.

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Smurfit Kappa earnings growth driven by sustainable products demand

30th Oct 2019 07:22

(Sharecast News) - Smurfit Kappa on Wednesday said increased demand for sustainable products helped it to achieve revenue and earnings growth during the first three quarters of the year.

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Smurfit Kappa Q1 earnings rise 25% on higher prices

3rd May 2019 07:04

(Sharecast News) - Packaging maker Smurfit Kappa said higher corrugated pricing and demand growth helped first quarter earnings rise 25% to €424m (£363m).

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Smurfit Kappa takes €1.3bn charge from exiting Venezuela

13th Feb 2019 07:19

(Sharecast News) - Smurfit Kappa fell to a paper loss last year due to charges from its unwanted exit from Venezuela, but the Irish packaging group's core businesses still delivered a strong improvement in profits and cash flow.

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Wednesday preview: CPI data, Smurfit Kappa and Whitbread in focus

12th Feb 2019 13:18

(Sharecast News) - Barring surprises on the global trade or Brexit fronts, the market spotlight on Wednesday is likely to fall on US consumer price data covering the month of January.

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Smurfit Kappa secures new €1.35bn revolving credit facility

29th Jan 2019 14:29

(Sharecast News) - Corrugated packaging group Smurfit Kappa has signed an unsecured €1.35bn revolving credit facility with 21 of its existing relationship banks.

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FTSE 100 movers: Morrisons slumps; Melrose boosted by broker note

8th Jan 2019 15:10

(Sharecast News) - London's FTSE 100 was up 1.1% to 6,882.80 in afternoon trade on Tuesday, buoyed by optimism over Sino-US trade talks.

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Sector movers: Oil services and packaging makers lead rise

4th Jan 2019 15:22

(Sharecast News) - Oil-related and mining companies were again leading the charge in London on Friday, while supermarkets were one of the few sectors in the red.

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