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Analysts to upgrade Smurfit Kappa forecasts following jump in earnings

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Indonesia Berita Berita

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Analysts have moved swiftly to upgrade their forecasts for Smurfit Kappa after the paper packaging giant last week reported a 50 per cent increase in earnings for the first half of this year.

The paper and packaging giant reported revenue growth of 36 per cent to €6.

4 billion in the six months to June 30, despite increased costs and supply chain disruption. It said earnings before interest, taxation, depreciation and amortisation were €1.17 billion ...

 

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