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Company reports corrugated packaging growth, as well as growth of 6% in pre-exceptional EBITDA.
May 6, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Smurfit Kappa Group plc announced results for the three months ending 31 March 31, 2016. The compnay reported sales of €2,001 million, a 2% increase from last year. EBITDA was €281, a 6% incease from 1Q 2015, and a margin of 14%. Smurfit Kappa Group reported corrugated packaging growth, including acquisitions of 5% with solid underlying volume growth, and growth of 6% in pre-exceptional EBITDA with improved margin at 14%. The company also announced a €40 per ton price increase in European br...
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