DS Smith says trading in line with expectations with 'good' like-for-like volume growth
DS Smith chief executive Miles Roberts said he is pleased with the company's momentum in the year to date
Company
DS Smith PLC
LON:SMDS
DS Smith is a paper and plastic supplier and recycler with revenue in 2007/08 of almost £2 billion and it employs over 11,500 people in 20 countries. The Group has strong positions in many of the markets in which it operates, including waste paper recycling, corrugated packaging, bag-in-box packaging and wholsesale office products.
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DS Smith profits bolstered by acquisitions and recovering paper prices
DS Smith said it is confident on the outlook for the year ahead with volume growth momentum seen continuing
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DS Smith says overall trading in line, with box volume growth remaining strong
The FTSE 100-listed firm said box volume growth has remained strong, continuing the positive trend seen in the first half of the year
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DS Smith sees strong volume, revenue growth in first half, although profits fall slightly
The FTSE 250 listed packaging firm saw its pre-tax profit fall to £144mln for the six months to October 31, down from £146.0mln a year earlier, mainly due to an increase in one-off costs