Smurfit Kappa performs well despite downturn

Smurfit Kappa today announced results for the three months and six months ending June 30, 2008, revealing highlights including a 1% rise in revenue to almost €3.7bn.

Underlying earnings - stripping out once-off costs and share payments - were down 1% to €257m, while total sales edged up 1% to just under €1.85bn.