Pre-tax profits jump 58 per cent at Smurfit Kappa

Company invested over €380m in acquisitions in 2015

Tony Smurfit. Pic: RollingNews.ie

Paper and packaging group Smurfit Kappa has reported a 58 per cent jump in pre-tax profits for the year to the end of December and it said it expects to deliver good earnings growth in 2016.

Its shares rose sharply in Dublin trade early this morning.

Smurfit Kappa's pre-tax profits rose to €599m from €378m while its annual revenues were flat at €8.109 billion.

The company said it was increasing its final dividend ...