Smurfit Kappa earnings top €1.7bn as it hikes shareholder dividend by 10% | Business Post

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Smurfit Kappa earnings top €1.7bn as it hikes shareholder dividend by 10%, reports evadiminutive.

Return on capital employed reached 16 per cent while the growth of its corrugated packaging, an increasingly popular option amid a global move away from plastic, totalled 8 per cent.

Smurfit Kappa, the Irish packaging giant, posted revenue growth of 18 per cent and full-year earnings of more than €1.7 billion, an increase of 13 per cent year-on-year in its latest annual results published on Wednesday. Return on capital employed reached 16 per cent while the growth of its corrugated packaging, an increasingly popular option amid a global move away from plastic, totalled 8 per cent.Subscribe from just €1 for the first month!

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