skip to content

Annual Results

Smurfit Kappa improves FY pretax profit by 9%

08 February 2017 09:26

Smurfit Kappa has posted a FY pretax profit of €654m, up 9% from €599m. It recommended a 20% hike in final dividend to 57.6 euro cents a share.

"These strong results against most performance metrics were delivered despite the significant headwinds experienced by the Group in higher raw material input costs and adverse currency impacts," said CEO Tony Smurfit.

"This once again highlights the strength of the Group's integrated business model, our geographically diverse portfolio of businesses and our performance based culture," he said in a statement.

EBITDA of €1.24bn and an EBITDA margin of 15.1% were driven by solid volume growth across Smurfit's markets, along with resilient box pricing and the group's investment in high-return capital projects.


Smurfit said that from a demand perspective, the year had started well across most areas of its business and, while recently announced paper price increases should translate with the customary time lag into higher box prices, it looked forward to 2017 and beyond.

"Reflecting the distinct strengths and capabilities of our business, the Board is recommending a 20% increase in the final dividend to 57.6 cent per share."

At 9:26am:

(LON:SKG) Smurfit Kappa Group PLC share price was +31.5p at 2175.5p

Story provided by

Related Company: SKG

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?


Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.