7th Feb 2018
Smurfit Kappa Group plc, one of the world’s largest integrated manufacturers of paper-based packaging products, with operations in Europe and the Americas, is today hosting a presentation for analysts and institutional investors on its medium-term outlook.
The Group is outlining a range of key performance measures and investment plans to deliver continued performance and growth. These measures are:
an objective to invest €1.6 billion above maintenance capital expenditure between 2018 and 2021;
a medium-term ROCE target of 17%; and,
a revised target leverage range of 1.75x to 2.5x Net Debt to EBITDA.