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Group revenue growth of 6% with EBITDA of €278 million and margin of 13%.
May 8, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Smurfit Kappa Group plc announced results for the three months ending March 31, 2017. First quarter 2017 key points included group revenue growth of 6% (3.7% on a days adjusted basis). EBITDA owas €278 million with a margin of 13%, and ROCE was 15.0%, in line with the Group target. The company reported improved free cash flow year-on-year. “We are pleased to report that SKG has again delivered a strong set of results,” Tony Smurfit, Group CEO, csaid. “The Group reported good revenue grow...
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