grew by a third in the first three months of the year, the packaging giant saud, setting a strong foundation for the year.
The group said revenue was just over €3 billion for the three-month period, with earnings before interest, tax, depreciation and amortisation was €514 million, 33 per cent higher than the same period a year earlier. “This performance demonstrates the continuing benefits of SKG’s integrated and resilient operating model, our geographic diversity and recent acquisitions. It also reflects the significant investment SKG has made, and continues to make, to support our customers’ growth,” said, group chief executive. “Our ability to provide security of supply to customers and deliver market-leading, innovative and sustainable packaging solutions is a clear differentiator for SKG.
Smurfit said it had made significant, ongoing capital investment to support customer growth and security of supply Looking ahead, demand remains good in the second quarter, the group said, and it remained confident in the business’s future prospects.
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