Company
Smurfit Kappa Group plc
LON:SKG
We provide a 'one-stop shop' for all our customers packaging requirements across a broad range of industries, no matter the location. Smurfit Kappa Ireland is a co-ordinated network of seven corrugated packaging and point of purchase display facilites, strategically located throughout the island of Ireland. We are part of the Smurfit Kappa Group, a global leader in paper based packaging, and one of the most respected names in Irish business since 1934.
78 stories
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Smufit Kappa says declining demand trend slowing
Smurfit Kappa said full-year pre-tax earnings would come in at the top-end of expectations
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Smurfit Kappa sees €2.3bn profit for 2022 after strong performance in year so far
The packaging group said underlying profit grew by 43% in the first nine months on revenue up 33%
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FIVE at FIVE: UK economy falters, FTSE 100 and Bitcoin sink again, UK mining on the up, Rolls-Royce 'woefully mispriced'
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
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Smurfit Kappa burnt by factory fire
There were no casualties or reports of a potential cause at one of the Irish company’s two UK paper mills
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Smurfit Kappa to exit Russian market
The largest paper packaging producer in Europe has already suspended exports, imports, and funding in Russia at its four operations, joining a growing list of firms that have exited the country due to the Ukraine invasion
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Is sustainable packaging about to experience a tech-style boom?
Positive company earnings align with a broker note on massive upside in packaging alternatives
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Smurfit Kappa enjoys e-commerce boom as corrugated price recovers
The firm also announced the acquisition of a mill in Italy for €360mln
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Smurfit Kappa extends presence in Latin America with Peru buy
The acquisition expands Smurfit’s operations in the Americas to 13 countries
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Smurfit Kappa crushes it in the first quarter
Like DS Smith earlier this week, the packaging group said it is seeing strong demand for its corrugated products but is also seeing input cost pressure
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Smurfit Kappa is best-in-class for Berenberg as it starts coverage with ‘buy’
Analysts believe Smurfit Kappa’s profitability will benefit from rising paper and corrugate prices as it has a market-leading position in Europe
Smurfit Kappa, DS Smith both ‘overweight’ for JP Morgan in healthy paper packaging sector
Both groups benefit from e-commerce and are enjoying tailwinds, while paper is considered a sustainable alternative to plastics
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Smurfit Kappa ups dividend after underlying earnings beat expectations
Demand trends seen during the fourth quarter have continued into the new year
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Smurfitt Kappa announces new sustainability and diversity targets
The Irish group committed last year to achieve at least net zero CO2 emissions by 2050
Smurfit Kappa and DS Smith up to buy as Jefferies turns positive on packaging sector
The broker said despite a ramp-up of supply in Europe, they expected “robust" underlying demand supported by e-commerce, sustainability and “some…industrial recovery” in the second half of 2021
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Smurfit Kappa downgraded by Jefferies following 2020 outperformance
The broker said the packaging group had performed ahead of its blue-chip peers in 2020 but further upside was limited going forward
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Smurfit Kappa to pay second dividend as profits fall less than expected
The paper-based packaging company said it was "well positioned" to benefit from trends in e-commerce and demand for sustainable packaging
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Smurfit Kappa higher as interim dividend reinstated
Despite the pandemic, CEO Tony Smurfit said the packaging group had been able to "ensure the continuity of supply of essential products for everyday life"
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Smurfit Kappa cancels dividend after revenues and profits fall in first quarter
Underlying profits of €380mln in the first quarter were down 10% as margin fell to 17.3% from the 18.2% seen across last year
Investments and investor services
FTSE 100 closes in the red as traders await first US rate cut since recession
Investors are expecting a cut of 0.25% in the benchmark short-term rate
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Lloyds to post weaker profits as PPI claims deadline looms
The day ahead includes interims from Lloyds and Taylor Wimpey along with the Federal Reserve's latest policy decision
Investments and investor services
FTSE 100 closes lower on day but up slightly on week as trade tensions still weigh
The UK's index of leading company shares closed Friday down nearly 23 points at 7,345
Investments and investor services
FTSE 100 closes higher after strong US jobs report boosts markets
Footsie closed up over 29 points on the day to close at 7,380, while the FTSE 250 added over 18 at 19,795
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HSBC to post weaker first quarter earnings as it tackles China slowdown
The day ahead includes first quarter earnings from HSBC and the all-important US non-farm payrolls report
Investments and investor services
FTSE 100 ends in positive territory, taking the cue from the Dow and data from China
"Equities have been relentlessly positive all day, with the session having started off on the front foot thanks to Chinese credit growth, which rose 10.7% over the year to hit a sum equivalent to 9% of the country’s GDP," said Chris Beaucha
FTSE 100 closes marginally down after treading water through the day as Parliament breaks for Easter after Brexit extension
Holiday cheer as airline stocks gain on hopes holidaymakers will put Brexit concerns aside for summer
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WH Smith investors are hoping for dividend boost
Less of a newsagent nowadays but could WH Smith be set to increase payouts to shareholders.
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Smurfit Kappa gets a lift as UBS starts coverage of the paper and packaging group with a ‘buy’ rating
The Swiss bank’s analysts said, in their view, as the biggest corrugated packaging producer in Western Europe, Smurfit is well-positioned to benefit from secular trends in the market to drive growth
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Smurfit Kappa posts strong full-year results, rewards shareholders with a big hike in dividends
The FTSE 100-listed paper and packaging group saw full-year revenue grow by 4% to €8.95bn, while its group EBITDA margin increased to 17.3% from 14.5%
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FTSE 100 closes up as markets buoyed by US/China trade talks
The more UK-company focused FTSE 250 gained over 147 points to close at 18,972
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Inflation figures to take focus on Wednesday while corporate results tick over in the background
The data will have a distinctly Brexity flavour after the UK's impending exit from the bloc was blamed for lacklustre GDP growth of 0.2% in the fourth quarter of 2018 reported on Monday
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Blue-chip corporate update mill to continue to grind, with RBS and AstraZenca to the fore
Aside from all the company news, the Week Ahead also brings the latest UK inflation and GDP growth data for investors to digest, while the Brexit saga will continue to roll on
FTSE 100 can't hold onto gains and closes in red as Wall Street shares drag
The FTSE 250 fared much better though, adding almost 154 points on the day to close at 19,325
Investments and investor services
FTSE 100 closes firmly ahead as it puts dismal October to rest
The FTSE 100 closed up around 92 points at 7,182. FTSE 250 also gained..
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Glaxo getting the tingles from its shingles jab
Trading updates from Glaxo, Standard Chartered and Next are likely to be the highlights
FTSE 100 closes in positive territory as US dollar builds on gains
The pound is off 0.52% against the greenback at the time of writing..
Investments and investor services
TUI and Saga set for Thursday’s spotlight
Holiday operators TUI and Saga will update the market on Thursday, though expectations aren't at all high.
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Proactive Weekly Mining Highlights: Crusader Resources, Papua Mining, Strategic Minerals, Orosur Minining…
A glance at this week’s top stories from London’s junior miners
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Smurfit Kappa not to face hostile takeover bid as US giant International Paper offer folds
International Paper confirmed that it will not make an offer for its Ireland-based, FTSE 100-listed rival “given the lack of engagement by Smurfit Kappa's Board of Directors and Management”
Investments and investor services
International Paper may end its bid for Smurfit Kappa
The company will need to make a decision by 7:00 AM local time on Wednesday
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FTSE 100 closes higher but gives up gains; sterling hit on Brexit worries
Both the US and UK are heading towards a three-day weekend and, to be honest, it kind of feels like the break has already begun...
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Smurfit Kappa falls as International Paper says will not make a hostile bid for Irish rival
In March, International Paper made a cash and shares bid approach that valued the Irish group at €8.9bn (US$10.5bn), which Smurfit Kappa subsequently rejected
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Smurfit Kappa sees materially better earnings for 2018 as it confirms first quarter growth
The packaging group expects full year performance to exceed that of last year
Investments and investor services
FTSE 100 closes near flat as Middle East tensions cool
The UK blue-chip benchmark closed 1.20 points, or 0.02% at 7,258..
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Travel sales set to dominate at WH Smith once again on Thursday; Hays and Saga also due up
It looks like it will be the same old story for WH Smith, with sales flying in travel but challenges remaining in its high street stores
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Retailers and recruiters in focus as Tesco, ASOS, Hays and PageGroup report
The week ahead includes full-year results from Tesco and Saga, interims from ASOS, WH Smith and McCarthy & Stone, and trading updates from Robert Walters, Hays and PageGroup
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Smurfit Kappa rejects revised bid from International Paper
Thanks largely to the deterioration in the International Paper share price since the first bid, the revised terms are hardly any better
FTSE 100 closes in red as pound firms but miners add support
Sterling added 0.01% against the Euro to 1.1434, while against the US dollar, it added 0.60% to 1.4232.
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Smurfit Kappa surges after rejecting "unsolicited and highly opportunistic" takeover offer from International Paper
The FTSE 100-listed packaging group said it believes the offer does not reflect its worth nor its prospects and would involve its shareholders receiving "a high proportion" of their consideration in International Paper shares
FTSE 100 closes 30 points ahead as Dow Jones turns negative
The UK premier index added 0.43% on the day, while FTSE 250 added over 123 points at 19,690.
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FTSE 100 closes higher as US benchmarks stage turnaround
FTSE 100 closed around 46 points higher at 7,115. Little brother FTSE 250 also gained ground - up over 180 points at 19,567.
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Higher raw material costs and FX headwinds weigh on Smurfit Kappa’s full-year profits
The Irish packaging maker grew revenues by 5% to €8.56bn in the 12 months ended December 31, but costs jumped by more than €120mln which hampered profits
FTSE 100 closes strongly higher as markets stabilise
The UK blue chip index closed up 138 at 7,279 - above the day’s peak of 7,255.
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Rio Tinto expected to reiterate policy of value over volume
Rio Tinto is expected to carry on returning piles of cash to shareholders but some people think a dividend cut at Glaxo is on the cards
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Bank of England rate decision eyed, plus numbers from blue chips BP and Glaxo in coming week
After November's hike, another UK rate rise is unlikely this month, although some Bank of England MPC members may vote for a rise after a unanimous vote in December
FTSE 100 slides as dollar rallies on expectations of a March rate hike by the Fed
US workers' pay increased 2.9% year-on-year, compared to expectations of a 2.6% increase.
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Smurfit Kappa reports third quarter profit drop but full year to meet market forecasts
Smurfit Kappa said it would continue to offset cost pressures thorough price recovery and efficiency improvements.
Investments and investor services
FTSE 100 ends slightly in red as traders jumpy ahead of tomorrow's BoE decision
At around 3.55pm, the UK blue chip index was up 5 points to 7,498
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Paddy Power's trading update may be overshadowed by government report on bookies
No matter how good Paddy Power's results are, chances are the main focus will be on the government's report on gaming machines, released yesterday morning
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Interest rate decisions in the UK and US could spook investors in Halloween week
Week ahead includes interest rate decisions from the Bank of England and the US Federal Reserve, as well as updates from HSBC, BT, Next, BP, and Royal Dutch Shell
FTSE 100 closes up but optimism not "particularly high"
FTSE 100 ended in positive territory, having been lower earlier,..
Investments and investor services
Eyes on TUI as it reveals first half results on Thursday
TUI already tipped off the market that it enjoyed a strong second quarter performance.
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William Hill looking to upset the odds
It's not quite 'Super Thursday' but definitely a busy day with heavyweights BAE, Standard Chartered, Travis Perkins and Vedanta among those reporting
FTSE 100 rises as US non-farm payrolls report beats expectations
London's top tier index rose 22 points to 7,270.88 at 2.38pm after a better-than-expected US non-farm payrolls report
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Pearson's CEO to face investor ire at AGM, but first-quarter update unlikely to surprise
Day ahead: Pearson PLC, International Consolidated Airlines Group PLC (LON:IAG), InterContinental Hotels Group PLC (LON:IHG), US jobs data ...
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Day Ahead: Sterling's slump could mask drab performance from Glaxo
Glaxo is the next pharmaceuticals giant to update the market and it will probably be a familiar story of increased competition from generic versions of its blockbuster drugs.
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Week ahead: BP and Glaxo to continue trading trends for oil and drug giants
BP could please on Thursday as its recent quarterly updates have proved a little disappointing. GlaxoSmithKline will unveil its numbers Wednesday.
Investments and investor services
FTSE shares rise after sterling hit by dovish Bank of England report
The BoE said the UK economy will grow substantially faster than its downgraded forecasts made in the wake of last June's shock Brexit vote.
FTSE 100 shares swing but close below 7200
FTSE 100 shares swung on Friday but ended down 10 points and below 7200 as the 45th President of the United States was being sworn in
FTSE 100 shares fall despite oil gains
FTSE 100 shares closed lower on Thursday, as oil sector gains failed to catch on
Just Eat waiting for the weather to turn
Results previews for online food ordering enabler Just Eat and house builder Persimmon
Week Ahead: BP and Shell in clash of the titans
BP & Shell are both issuing interims on Tuesday - about as likely as Taylor Swift and Katy Perry performing a duet together
Ashtead Group is on a Swiss roll
Credit Suisse upgrades plant hire company to 'neutral' from 'underperform'
Hikma Pharmaceuticals hits Footsie as oil and mining dip
Drug company enters the blue-chip ranks as satellite group drops out
Smurfit Kappa gets new boss
Irish packaging group appoints Tony Smurfit to replace Gary McCann