Smurfit results in line with expectations for this year

SMURFIT Kappa, one of the world’s largest producers of paper-based packaging, has delivered results in line with expectations for the third quarter of 2010.

Sales of €1.7 billion were 12% better than the third quarter of last year.

As a result of the better sales and improving margins SKG made pre-tax profits of €41m, compared with the €40m loss reported in the same quarter of last year.