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Smurfit Kappa Reports Full Year 2018 Results

Free cash flow was €494 million, an increase of 61%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Smurfit Kappa reported its full-year 2018 results. Revenues were €8,946, up 4% from €8,562 in 2017. EBITDA was €1,545 million, a 25% improvement, with a group EBITDA margin of 17.3%. Free cash flow was €494 million, an increase of 61%. There was significant acquisition activity with acquisitions in France, the Netherlands and Serbia.   “Our 2018 performance demonstrates the group’s transformation of recent years, which is delivering progressively superior returns,” Group CEO Tony Smurfit noted. ...

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