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Trading statements

DS Smith performing in line with its expectations

09 March 2017 07:40

DS Smith says it has performed in line with internal expectations, continuing to build on the progress made in H1 with sustained good volume growth.

"As before, this growth has been particularly strong from e-commerce businesses, which is an area of considerable focus for us," said the company.

"Pan-European customer volumes continue to grow ahead of the Group average rate as customers recognise the benefit of a co-ordinated multi-national solution to their packaging requirements," it said.

Looking ahead, DS Smith said its outlook remained positive, despite ongoing challenging economic conditions.

"Volumes continue to grow well and the Board continues to anticipate performance in line with our medium term financial targets and views the future with confidence."

Story provided by StockMarketWire.com

Related Company: SMDS

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