Analysis Smurfit must tackle WestRock costs, not just paper over the cracksInvestor sentiment towards the packaging industry has waned, but if the Irish company can wrap up the merger with its American rival, they’ll come flocking back
Companies Ken Bowles: ‘For years, investors have been asking us if we planned to make any moves in North America. This is the move’The chief financial officer of Smurfit Kappa explains the philosophy behind the firm’s merger with WestRock
Companies Tony Smurfit: Merger with WestRock will help us be loved Tony Smurfit says newly merged entity will be biggest paper and packaging group in the world ‘by a factor’
Companies Smurfit Kappa agrees $20bn merger deal with US companyThe Dublin-headquartered paper and packaging giant confirmed it will depart the Dublin stock exchange as part of the merger with WestRock
Smurfit Kappa Smurfit’s latest deal could surpass father’s legacyBy agreeing Smurfit Kappa’s merger with West Rock, the low-key scion of the famous packaging family is set to leave his own distinctive mark
Companies Smurfit Kappa increases dividends despite decline in profitsRevenue for the first half of 2023 was €5.8 billion, down 9 per cent on the same period last year
Companies Smurfit Kappa reports 38% jump in earnings for 2022Group chief executive Tony Smurfit said full year’s results and Smurfit’s adjustments made him confident for the year ahead
Markets New York hedge fund doubles down on Smurfit Kappa short betMillennium Management is now shorting nearly 1 per cent of packaging company’s shares in a trade worth €95 million
Company Watch Davy expects to upgrade Smurfit’s full year earnings forecast by 5 per centUpgrade of earnings forecast by analysts from €2.2 billion to €2.3 billion comes after strong Q3 performance from the Dublin-listed group
Business Analysts to upgrade Smurfit Kappa forecasts following jump in earningsThe packaging giant last week reported a 50 per cent increase in its half-yearly earnings
Companies Smurfit Kappa reports 36% revenue growth despite supply chain disruptionThe company has approved an 8 per cent increase in its interim dividend following the results
Company watch: Smurfit Kappa deftly dodges trap of surging wood pulp pricesThe packaging giant has thrived, reporting a 10 per cent year-on-year increase in profits
Smurfit Kappa moves to offset paper shortage The global packaging giant is scrambling to buy a high-capacity paper mill in Italy as the pandemic surge in e-commerce hoovers up available supply
