Paper and packaging company Smurfit Kappa Group said its revenues grew by 3% to €6.850 billion for the nine months to the end of September.
In a trading update, Smurfit Kappa said EBITDA for the nine month period rose by 11% to €1.257 billion as it seeks to capitalise on the "mega trend" of paper-based packaging.
The company said that its key metrics are at, or ahead of, its stated targets.
"This performance continues to demonstrate the strength and resilience of the group's business model," the company said.
In Europe, Smurfit Kappa said its corrugated box volume grew by almost 4% year-on-year or about 2% on an organic basis. Corrugated pricing has again been in line with its expectations, it added.
In the Americas, it said that organic volume growth was about 2% as margins continued to improve.
"While there have been, and continue to be, obvious macro-economic and political challenges, SKG's very
strong performance against this backdrop shows, once again, the quality of our business and the benefits of our geographic diversity," commented Smurfit Kappa's group chief executive Tony Smurfit.
"Consumers are increasingly demanding sustainable packaging solutions and with our unique applications, knowledge and expertise in paper-based packaging we are ideally positioned to take advantage of this mega trend," he added.
