Smurfit Kappa boosts dividend 50% as profits jump

Packaging giant Smurfit Kappa saw profit before tax jump almost 80 per cent in the first half of 2014 compared to the same period last year to €228 million, financial results showed.

30th July, 2014
Smurfit Kappa chief executive Gary McGann.

Packaging giant Smurfit Kappa saw profit before tax jump almost 80 per cent in the first half of 2014 compared to the same period last year to €228 million, financial results showed.

The group’s revenue rose just 1 per cent in the period to €3.95 billion but it said that its strong earnings performance in the first half reflects the stability of the business despite short term volatility in European containerboard prices. Underlying growth in both Europe...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say