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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
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.
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Investments and investor services
FTSE 100 closes in the red as traders await first US rate cut since recession
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Investments and investor services
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Investments and investor services
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Investments and investor services
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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
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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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Investments and investor services
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