News | Latest Breaking News Stories & Headlines

Smurfit Kappa completed acquisitions in Bulgaria and Serbia during the first quarter as it continues to expand its geographic reach

Smurfit Kappa's first quarter earnings jump 25% higher

Paper and packaging company Smurfit Kappa has reported a 25% jump in first quarter earnings and said it "confidently" expects to deliver another year of progress.

Business • 03 May 19

Smurfit Kappa CEO Tony Smurfit has taken part in conference calls with the British Prime Minister

Smurfit Kappa CEO says May wants to avoid no deal

Smurfit Kappa's chief executive Tony Smurfit said today that British Prime Minister Theresa May appears determined to try and avoid a no-deal Brexit if she can.

Business • 13 Feb 19

The company said the acquisition will expand its geographic footprint and provide for full containerboard integration in its packaging operations in Southeast Europe

Smurfit Kappa buys packaging business in Serbia

Smurfit Kappa, one of the world's largest manufacturers of paperbased packaging products, has agreed a deal to buy Serbia's largest integrated packaging business, FHB and Avala Ada, for €133 million.

Business • 31 Oct 18

IP said it was not proceeding with its bid due to a lack of engagement from the Smurfit Kappa board

Smurfit Kappa reaffirms guidance after IP drops bid

Smurfit Kappa today reaffirmed its guidance that its full year earnings will be materially better than last year after rival International Paper decided to end its pursuit of the packaging company.

Business • 06 Jun 18

Smurfit Kappa said its revenue for the year to the end of December was 5% higher at €8.56 billion

Smurfit Kappa's full year earnings steady

Packaging group Smurfit Kappa has reported earnings before tax and depreciation of €1.24 billion for its full financial year, roughly in line with the previous year's numbers.

Business • 07 Feb 18

Group CEO Tony Smurfit said the company continues to deliver, showing strong sequential progress

Smurfit Kappa revenue up by 4% for first nine months

Packaging company Smurfit Kappa has reported a 4% rise in group revenue to €6.35 billion for the first nine months of the year, when compared with the same period in 2016.

Business • 01 Nov 17

Chief Executive Tony Smurfit described the figures as a good set of results against the backdrop of what he called unprecedented inflation in the cost of recovered or recycled paper fibre

Revenue up but pre-tax profit falls at Smurfit Kappa

Packaging company Smurfit Kappa reported a 21% drop in pre-tax profit to €245m for the first half of the year, despite a 5% rise in revenue to €4.2 billion.

Business • 02 Aug 17

Tony Smurfit, the company's CEO, said that today's results reflect the continued strength of its business

Smurfit Kappa's Q1 profits down, but revenues up 6%

Packaging giant Smurfit Kappa has reported pre-tax profits of €109m for the three months to the end of March, down 15% from the €128m reported the same time last year.

Business • 05 May 17

Smurfit Kappa said its pre-tax profit rose to €654m from €599m the previous year

Smurfit Kappa's 2016 profits rise by 9%

Packaging specialist Smurfit Kappa has reported 9% growth in pre-tax profits for the year to the end of December, while the company's revenues inched 1% higher.

Business • 08 Feb 17

Smurfit Kappa's third quarter revenues rose by 1% to €2.050 billion

Smurfit Kappa's third quarter profits up 13%

Paper and packaging group Smurfit Kappa has reported pre-tax profits of €187m for the three months to the end of September, up 13% on the same time last year.

Business • 02 Nov 16

Smurfit Kappa continues to see good levels of demand for packaging across almost all of its markets in which it operates

Smurfit Kappa continues to see good demand

Paper-based packaging group Smurfit Kappa has announced higher revenues and pre-tax profits for the first three months of the year as it was boosted by the positive impact of acquisitions.

Business • 06 May 16