Smurfit Kappa Q1 Report 2024

Smurfit Kappa Group plc announced a trading update for the 3 months to 31 March 2024.

“Smurfit Kappa Group has delivered a very strong first quarter. These results reflect the continuing benefits of our multi-year capital plans and the dedication and commitment of our people, providing the most sustainable and innovative packaging solutions for our customers”

Highlights

  • Revenue of €2.7 billion
  • EBITDA of €487 million with an EBITDA margin of 18.0%
  • Continuing corrugated box volume growth as anticipated
  • Highly successful bond offering of US$2.75 billion
  • Smurfit WestRock integration planning progressing well

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