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Second quarter EBITDA was €292 million with increased sequential EBITDA margin of 13.9%
August 4, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Smurfit Kappa Group plc announced results for the three and six months ending June 30, 2017. Smurfit Kappa reported revenue growth of 5% for the first six months, with strong demand in most markets. Second quarter EBITDA was €292 million with increased sequential EBITDA margin of 13.9% Kraftliner demand was robust, with an additional €50 per ton price increase implemented in the third quarter. Containerboard price increases are feeding through to corrugated price recovery. “We are pleas...
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