3rd May 2019: Smurfit Kappa Group plc announced a trading update for the 3 months ending 31 March 2019.
First Quarter Overview
- Revenue growth of 7% to €2,316 million
- EBITDA growth of 25% to €424 million
- EBITDA margin of 18.3%
Smurfit Kappa has delivered a very strong first quarter performance with EBITDA up 25% year-on-year to €424 million. The improved result reflects higher corrugated pricing, demand growth, a relentless focus on cost efficiencies and the benefits of our capital programme. Read more.