Demand for cardboard boxes had slumped following a pandemic-fuelled spike in demand for durable goods
Tony Smurfit
Dublin agm told 2023 had been Smurfit Kappa’s second-best financial year, with revenue of more than €11 billion
Chief executive Tony Smurfit granted just under 98,000 share awards worth €4.1 million
A tech sector slowdown coupled with rising interest rates gave many a year to forget
In September, Dublin-based Smurfit Kappa agreed a deal to acquire WestRock in the United States to form what will become the world’s biggest packaging group
WestRock shares have underperformed partly because its own history of acquisitions has resulted in a sizable debt burden
WestRock, the US’s second-largest paper packaging group, once harboured ambitions of snapping up Smurfit Kappa, but has now become a willing target of Ireland’s first multinational
Group's net debt stands at €3.17 billion
Irish group’s CEO Tony Smurfit to lead merged group, which will be known as Smurfit WestRock
Market Beat: The timing of the deal to bring Smurfit together with WestRock reflects depressed valuations in the sector
Dublin-based packaging firm nearing agreement with US firm WestRock
Any Other Business: H&M shuts Dublin store, BoyleSports overseas, Smurfit on carbon capture, Irish AI strategy, and GPO museum banners
Tony Smurfit gave a direct answer to a direct question. Business needs more of that.
Group signals confidence in its prospects by increasing interim dividend by 6%
YOU MAY ALSO LIKE...
How does a post-Brexit world shape the identity and relationship of these islands
Inquests into the nightclub fire that led to the deaths of 48 people
Weddings, Births, Deaths and other family notices