Smurfit Kappa reinstates dividend
8th Feb 2012 12:48
Irish packaging group Smurfit Kappa has reinstated dividend payments after its profit before tax almost tripled in 2011. The firm has announced a dividend of 15 cents per share, the first in two years. Pre-tax profits soared year-on-year from €103m to €299m during the twelve months ended Decemb
Read moreThursday tips round-up: Telecity, CSR, Smurfit Kappa
10th Feb 2011 06:37
Telecity builds data centres to anticipate demand two or three years ahead, and these provide revenue growth, while increased digital use boosts useage of existing facilities and so revenue per square foot. The shares are on about 21 times' this year's earnings. This looks expensive; but the shares
Read moreInmarsat chiefs cash in on rally
14th Aug 2009 17:02
Bosses at Inmarsat have sold a quarter of a million shares in the satellite communications company following a 60% rally since last October. Chairman and chief executive Andrew Sukawaty pocketed more than £1m from the sale of 200,000 shares at 538p each, although he still owns 933,393. Rick Medloc
Read moreSmurfitt Kappa hit by margin squeeze
12th Aug 2009 12:11
Lower demand and margin pressure hit paper group Smurfit Kappa's first half with profits and sales both sharply lower. Revenue fell 18% to €3bn in the first half of 2009, though allowing for the impact of currency, acquisitions and closures, the decrease was 15%. Operating profits of €363m in the
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