Edition:
India

DS Smith Reports HY Adjusted Operating Profit Up 15%


Thursday, 5 Dec 2019 

Dec 5 (Reuters) - DS Smith PLC ::SMITH (DS) PLC - HALF-YEAR REPORT.DS SMITH PLC - HY REVENUE £3,188M UP 4%.DS SMITH PLC - HY ADJUSTED OPERATING PROFIT £351M +15%.DS SMITH PLC - HY PROFIT BEFORE TAX £213M +31%.DS SMITH PLC - INTERIM DIVIDEND PER SHARE 5.4P.DS SMITH PLC - EUR 70M SYNERGY PROGRAMME FULLY ON TRACK.DS SMITH PLC - GOOD US DOMESTIC PERFORMANCE OFFSET BY IMPACT OF EXPORT PAPER PRICING IN HY.DS SMITH PLC - PLASTICS DISPOSAL EXPECTED TO COMPLETE AROUND CALENDAR YEAR END.DS SMITH PLC - ANTICIPATE AN ACCELERATION OF VOLUME GROWTH IN SECOND HALF OF YEAR.DS SMITH - HY EXTERNAL VOLUMES IN PAPER REDUCED DUE TO INCREASED INTERNAL SALES, RECYCLING VOLUMES IMPACTED BY LOWER EXPORT DEMAND FROM ASIAN MARKETS.DS SMITH PLC - HY CORRUGATED BOX VOLUME GROWTH OF 0.7%,.DS SMITH PLC - HY RETURN ON SALES 11.0% +110BPS.DS SMITH PLC - REDUCED VOLUME OF PAPER IN EUROPE SOLD EXTERNALLY, AS IT HAS INCREASED LEVEL OF OWN PAPER CONSUMED WITHIN PACKAGING BUSINESSES IN HY.