Industry News, Printers News

Smurfit Kappa Announces 3Q 2016 Results

Third quarter Group revenue growth on a constant currency basis was 6%, with volume growth of 3%

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Smurfit Kappa Group plc announced results for the three months and none months ending Sept. 30, 2016. Third quarter Group revenue growth on a constant currency basis was 6%, with volume growth of 3%. Third quarter EBITDA growth of 6% year-on-year with a margin of 15.7% and sequential EPS growth. Third quarter free cash flow of €164 million supporting further deleveraging to 2.4 times. The company is on track to deliver record full year EBITDA   “We are pleased to deliver good earnings growth f...

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