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Reports full year revenue of €8,109 million, free cash flow of $388 million.
February 10, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Smurfit Kappa Group announced results for the three months and 12 months ending Dec. 31, 2015. Full year revenue was essentially flat compared to 2014, with sales at €8,109 million. Fourth quarter revenue was €2,089 million, a decrease of 1%. Full year EBITDA before exceptional items and share-based payment was €1,182 million, a 2% from 2014. The full-year EBITDA margin was 14.6%. Operating profit before exceptional Items was €780 million, up 1% from 2014, and free cash flow rose 7% to $388 ...
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