Smurfit Kappa earnings top €1.7bn as it hikes shareholder dividend by 10%

Analysts at Davy praised the Group’s ‘incredible resilience’ in navigating a quarter of ‘unprecedented energy volatility and supply chain challenges’

Return on capital employed (ROCE) reached 16 per cent while the growth of its corrugated packaging, an increasingly popular option amid a global move away from plastic, totalled 8 per cent.

Smurfit Kappa, the Irish packaging giant, posted revenue growth of 18 per cent and full-year earnings of more than €1.7 billion, an increase of 13 per cent year-on-year in its latest annual results published on Wednesday.

Return on capital employed (ROCE) reached 16 per cent while the growth of its corrugated packaging, an increasingly popular option amid a global move away from plastic, totalled 8 per cent.

“This growth is a clear indication that paper-based ...