Companies

Smurfit Kappa reports 38% jump in earnings for 2022

Group chief executive Tony Smurfit said full year’s results and Smurfit’s adjustments made him confident for the year ahead

Tony Smurfit said the changing economic environment had somewhat moderated the company’s late 2022 performance. Photo: Sam Boal/Photocall Ireland.

Smurfit Kappa group has reported earnings of €2.4 billion for 2022 with a jump in annual revenue of 27 per cent to €12.8 billion.

In what the paper and packaging giant described as a year of “extraordinary circumstances”, the company increased its final dividend by 12 per cent to 107.6 cents per share.

Tony Smurfit, group chief executive said 2022 was “another highly successful year” for the company despite challenges posed by inflation and the ...