Smurfit Kappa reports sales and Ebitda growth in Q1

Irish paper and packaging manufacturer Smurfit Kappa Group has posted a strong result for the first three quarters of 2022. Sales went up by 33 per cent to €9.72bn (Jan-Sep 2021: €7.29bn). Ebitda increased by 43 per cent to €1.77bn (€1.24bn) and profit before income tax even rose by 77 per cent to €1.14bn (€645m)....

“In the first half of 2022, we have overcome many challenges including sharply increasing input costs, logistics and supply chain constraints, Covid-19 disruption and the impact of the war in Ukraine. SKG’s integrated model, our geographic diversity, our continued focus on efficiency through investment and our bespoke...

In spite of substantial and unprecedented cost increases, Irish paper and packaging producer Smurfit Kappa Group succeeded in raising its profits considerably, and with regard to the current year, the group’s forecasts are optimistic overall. "Demand for containerboard remains strong and we expect the market to...