DS Smith: external growth and cost pressure

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UK’s DS Smith closed the business year ended 30 April with a net profit of £38.9m (2004: £43.6m) and an operating profit of £69.0m (£74.8m). Net profit before exceptional items and amortisation of intangibles amounted to £56.5m while operating profit rose to £88.0m. In the company’s biggest division, paper ...

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