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