Land sale helps boost Smurfit profits

PAPER and packaging group Jefferson Smurfit has reported quarterly profits of €20 million, helped by the sale of land in Dublin and its magazine division.

Land sale helps boost Smurfit profits
Sat, 14 Aug, 2004 - 01:00
Ian Guider

The company, which is now called JSG Funding, said profits for the three months to end June had risen by 22% on last year.

They were boosted by an €18 million gain on the sale of land adjacent to the K Club golf course, which the company owns.

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