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BUZZ-DS Smith: hits all-time high after reassuring H1

Reuters - UK Focus

** DS Smith (Frankfurt: 877238 - news) +0.8% around record highs

** DS Smith says volume growth has been "consistently very strong" in H1, and across all its regions, driven by demand from pan-European and e-commerce customers

** Co says that as expected, it is continuing to recover increase in paper prices with its packaging customers

** Given increase in DS Smith raw material costs, success in targeted (6-10 pct) box price rises are critical to margin preservation or recovery of over 100 mln stg year-on-year raw material headwind - Jefferies (RM (LSE: RM.L - news) : justin.varghese.thomsonreuters.com@reuters.net)