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Smurfit Kappa Group PLC (SKG.L)

SKG.L on London Stock Exchange

2,468.00GBp
18 Oct 2019
Change (% chg)

24.00 (+0.98%)
Prev Close
2,444.00
Open
2,450.00
Day's High
2,486.00
Day's Low
2,420.00
Volume
263,370
Avg. Vol
362,573
52-wk High
2,710.00
52-wk Low
1,915.00

Latest Key Developments (Source: Significant Developments)

Smurfit Kappa Says Plans To Deliver Medium-Term ROCE Target Of 17 Pct
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Smurfit Kappa Group Plc ::REG-SMURFIT KAPPA GROUP PLC STATEMENT RE MEDIUM-TERM OUTLOOK.‍OBJECTIVE TO INVEST EUR 1.6 BILLION ABOVE MAINTENANCE CAPITAL EXPENDITURE BETWEEN 2018 AND 2021​.‍PLANS TO DELIVER A MEDIUM-TERM ROCE TARGET OF 17%​.‍REVISED MEDIUM-TERM TARGET LEVERAGE RANGE OF 1.75X TO 2.5X NET DEBT TO EBITDA​.  Full Article

INTERVIEW-Smurfit Kappa CEO sees wage pressures growing as Europe recovers
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Smurfit Kappa Group Plc ::SMURFIT KAPPA CEO SAYS EXPECTS ANOTHER YEAR OF EARNINGS GROWTH IN EUROPE, ALL THE MOOD MOUSIC IS POSITIVE.SMURFIT KAPPA CEO SAYS INFLATION IN OUR WAGE RATES, COSTS IN GENERAL IS SOMETHING THAT IS VERY SIGNIFICANT.SMURFIT KAPPA CEO SAYS WAGE INCREASES MORE ABOUT AVAILABILITY OF LABOUR AT THE MOMENT, SEEING LEAD TIMES INCREASING.SMURFIT KAPPA CEO SAYS AS EUROPE RECOVERS, SKILLS SHORTAGES ARE GOING TO BE A BIG ISSUE.  Full Article

Smurfit Kappa FY earnings steady after 10 pct Q4 increase
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Smurfit Kappa Group Plc ::SMURFIT KAPPA - FY REVENUE UP 5 PERCENT Y/Y TO 8.562 BILLION EUR, Q4 REVENUE UP 7 PERCENT.SMURFIT KAPPA - Q4 EBITDA MARGIN IMPROVED Q/Q, Y/Y TO 15.9 PERCENT, FINAL DIVIDEND UP 12 PERCENT TO 64.5 EURO CENT PER SHARE.SMURFIT KAPPA - FY EBITDA 1.240 BILLION EUR VERSUS 1.236 BILLION EUR YEAR AGO, Q4 EBITDA UP 10 PERCENT.SMURFIT KAPPA - FY INCREASE IN EXCESS OF 120 MILLION EUR IN RECOVERED FIBRE COSTS, HIGHER RAW MATERIAL COSTS, FX MOVEMENTS.SMURFIT KAPPA CEO SAYS VERY STRONG PROGRESSION IN EUROPEAN BUSINESS IN Q4, AMERICAS BELOW EXPECTATIONS.SMURFIT KAPPA CEO SAYS CONTINUE TO EXPERIENCE CURRENCY VOLATILITY, WAGE INFLATION, HIGHER ENERGY AND OTHER INPUT COSTS.SMURFIT KAPPA CEO SAYS 2018 HAS SEEN CONTINUATION OF GOOD DEMAND IN EUROPE, FURTHER INPUT COST RECOVERY, SIGNS OF IMPROVEMENT IN AMERICAS.  Full Article

Smurfit Kappa sees FY EBITDA in line with market expectations
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Smurfit Kappa Group Plc :Smurfit Kappa - group revenue growth of 4% for the third quarter and year-to-date; increased sequential EBITDA margin of 15.1% in q3.Smurfit kappa - recovered fibre cost pressures remained, resulting in a headwind of almost €40 million for the quarter and €111 million ytd compared to 2016.Smurfit Kappa - expect to deliver a full year EBITDA in line with current market expectations and will enter 2018 with optimism and good momentum.Smurfit KAPPA - reported third quarter EBITDA in Europe was up 3% year-on-year; in the Americas, EBITDA decreased 8% y/y.  Full Article

No consensus analysis data available.