Smurfit Kappa’s second quarter figures were broadly in line with consensus, with the company keeping pace with its flotation promises.
But while the share price managed to top €20 in the weeks after its March flotation, the share price is now lagging behind its IPO (initial public offering) level of €16.50 and may continue to do so for some time.
Analysts said that the weak markets are playing their part but that other...
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