Previous close | 37.51 |
Open | 38.25 |
Bid | 36.40 x 11899800 |
Ask | 36.43 x 8757800 |
Day's range | 36.30 - 38.26 |
52-week range | 30.56 - 50.44 |
Volume | |
Avg. volume | 697,062 |
Market cap | 9.508B |
Beta (5Y monthly) | 0.88 |
PE ratio (TTM) | 10.05 |
EPS (TTM) | 3.63 |
Earnings date | 27 Jul 2022 |
Forward dividend & yield | 1.28 (3.40%) |
Ex-dividend date | 29 Sept 2022 |
1y target est | 49.99 |
Europe's largest paper packaging producer, Smurfit Kappa, expects a shortage of paper on the continent if gas rationing impacts production in the coming months, its chief executive said on Wednesday.
DUBLIN (Reuters) -Packaging giant Smurfit Kappa posted a 50% jump in first-half core profit on Wednesday, sending shares in Europe's largest paper packaging producer sharply higher. Revenue growth of 33% pushed its core earnings up to a fresh record 1.2 billion euros ($1.22 billion), prompting Smurfit to increase its interim dividend by 8% to 31.6 euro cents per share. However CEO Tony Smurfit warned that demand, after booming as the pandemic bolstered demand for e-commerce and shelf packaging rose as economies reopened, is slowing in some parts of Europe as inflation makes consumers more cautious.
DUBLIN, July 27, 2022-- Smurfit Kappa Group plc (‘SKG’ or ‘the Group’) today announced results for the half year ending 30 June 2022.