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Packaging Firm Smurfit Kappa Sees EBITDA Increase 27% In First Half

Published on Aug 1 2018 8:29 AM in Packaging And Design tagged: Featured Post / Ireland / Packaging / Smurfit Kappa / EBITDA / Paywall / Reparenco

Packaging Firm Smurfit Kappa Sees EBITDA Increase 27% In First Half

Packaging giant Smurfit Kappa has said that its EBITDA rose by more than 27% in the first half of its financial year, to €724 million, with its half-year performance boosted by the acquisition of Reparenco at the start of July.

EBITDA margin for the period was 16.4%, which chief executive Tony Smurfit attributed to the quality of the group’s assets, its geographic reach, and its market positioning.

“SKG's integrated business model and a performance-led culture continue to drive demonstrably superior returns,” Smurfit commented.

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