Smurfit Kappa records 36% rise in revenue

Smurfit, whose customers include Procter & Gamble, Unilever and Nestle, increased its interim dividend by 8% to 31.6 cents per share.

Packaging and paper manufacturer Smurfit Kappa recorded a 36% growth in revenue to €6.385bn in the first half of the year it announced today.

Smurfit Kappa saw earnings before interest, taxes, depreciation, and amortisation (EBITDA) rise to €1.174bn, an increase of 50%, with an EBITDA margin of 18.4%.