..A leading supplier of recycled packaging in Europe

With a turnover in 2011/12 of £2.0 billion and employing more than 20,000 people, DS Smith Plc is an international supplier of recycled packaging for consumer goods.

On 30 June 2012 DS Smith acquired SCA Packaging. On a combined basis, the group is now the second largest manufacturer of corrugated products in Europe. We are also a leading worldwide supplier of bag-in-box packaging and a leading European supplier of plastic returnable transit packaging. The combined Group now has revenues of approximately £4 billion (based on a combination of historically reported figures and a 12 month contribution from both businesses).

DS Smith is a FTSE 250 company listed on the London Stock Exchange and headquartered in Maidenhead.

http://www.dssmith.com/

Ex dividend Thurs 29 Sept - Smith (DS) PLC [SMDS] (8.8 p)

DS Smith Plc half-year pre-close trading statement
RNS
RNS Number : 5643N
Smith (DS) PLC
27 October 2016
 
27 October 2016
 
DS Smith Plc - Half-year pre-close trading statement
 
DS Smith Plc, the leading supplier of recycled packaging for consumer goods, today issues a pre-close trading update in respect of the half-year ending 31 October 2016.
The business has again made good progress and performance remains in line with our expectations. Volume growth continues to be supported by strong ongoing growth with our large pan European customers. Our return on sales and return on capital employed are expected to show progression over the comparative period last year despite the initially dilutive effect of recent acquisitions.
As in previous periods, we have invested in both organic and inorganic opportunities in the half-year and are pleased with the initial performance of the recently acquired display businesses, Creo and Deku-Pack, which form an important part of our strategy for this growth market segment. 
Miles Roberts, Group Chief Executive, said:
"The business continues to demonstrate good momentum with growth in line with our expectations, despite the considerable political and economic uncertainty. Alongside our ongoing delivery, we are also investing in our growth markets, particularly in packaging that helps our customers serve consumers across a broader range of retail channels.  These opportunities, together with our broader geographical footprint, give us continued confidence in our future."

12:40 27/10/2016
Broker Forecast - Numis issues a broker note on Smith (DS) PLC
Numis today upgrades its investment rating on Smith (DS) PLC (LON:SMDS) to add (from hold) and left its price target at 460p. Story provided by StockMarketWire.com

Half year results


Highlights
·     Organic volume growth of 2.9%
o  All regions in growth
o  Continued growth of pan-European FMCG and e-commerce customers
·     Delivering against all financial KPIs
o  Return on sales(4) increase of 10bps to 9.6%
o  ROACE(5) improvement of 10bps to 15.1%
o  Net debt / EBITDA(6) 1.9x
·     Strong profit growth
o  Adjusted operating profit +9%
o  Profit before tax +32%
·     Strengthening the business portfolio
o  Expanding pan-European point of sale and display capability
§ Acquired and integrated businesses in the UK and Denmark
§ Opened new plant in Erlensee, Germany
§ Acquisition of P&I, a specialist corrugated display business in Portugal
o  Completion of acquisition of Gopaca, corrugated packaging, in Portugal
o  Proposed acquisition of Parish Manufacturing Inc., a US bag-in-box plastics business

9 Dec
Barclays...
508.00
Overweight

DS Smith PLC (SMDS:LSE) set a new 52-week high during today's trading session when it reached 434.90. Over this period, the share price is up 15.92%.

have been in these since 2011 and happily so. Nice thing with these are that trend keeps going up but about 1x p/m they get a hit only to recover 2 days later

have been in these since 2011 and happily so. Nice thing with these are that trend keeps going up but about 1x p/m they get a hit only to recover 2 days later

7 Mar
Goldman Sachs
430.00
Neutral

Trading Statement
RNS
RNS Number : 9318Y
Smith (DS) PLC
09 March 2017
 
9 March 2017
 
DS Smith Plc - trading statement
 
DS Smith Plc, the leading supplier of recycled packaging for consumer goods, today issues a trading update in respect of the period since 1 November 2016.
 
Trading
The business has performed in line with our expectations, continuing to build on the progress made in the first half of the year with sustained good volume growth. As before, this growth has been particularly strong from e-commerce businesses, which is an area of considerable focus for us. Pan-European customer volumes continue to grow ahead of the Group average rate as customers recognise the benefit of a co-ordinated multi-national solution to their packaging requirements. 
Strengthening our business
In the first half of the year, we acquired two businesses, Creo (in the UK) and Deku-Pack (in Denmark) for a total of £37 million. Since 1 November 2016 we have continued to invest and acquire businesses in attractive geographies and growth market segments. As previously announced, we have completed the acquisitions of P&I Display and Gopaca in Portugal, expanding our position in the important Iberian market and building on our pan-European point of sale capability. We have also completed the acquisition of Parish Manufacturing, a US manufacturer of flexible plastics packaging.
 
Outlook
Our outlook remains positive, despite ongoing challenging economic conditions. Volumes continue to grow well and the Board continues to anticipate performance in line with our medium term financial targets and views the future with confidence.
 
Miles Roberts, Group Chief Executive, said:
"We are pleased with the sustained, consistent progress of the business, both organically and from the contribution from acquired businesses.  Customer and consumer trends continue to drive the requirement for sophisticated, innovative packaging, and we have the scale and expertise to invest behind these trends and consistently drive growth. Accordingly, we remain confident for the future."
 

Pre Close Trading Update
RNS
RNS Number : 4718D
Smith (DS) PLC
27 April 2017
 
 
27 April 2017
 
DS Smith Plc - pre close trading statement
Another year of good delivery
 
DS Smith Plc, the leading supplier of recycled packaging for consumer goods, today issues a pre-close trading update in respect of the year ending 30 April 2017.
 
The business continues to perform in line with our expectations, as described in our trading update of 9 March. Volume growth has been good, built on the strength of our relationships with pan-European and e-commerce customers and we expect to deliver on all our five medium term financial targets. The integration and performance of recently acquired businesses is progressing well, having expanded our position in corrugated packaging in Iberia, in point of sale capability in Europe, and in flexible plastic packaging in the US.
 
Miles Roberts, Group Chief Executive, said:
"We are pleased with the performance in the year, despite challenging economic conditions and have seen DS Smith grow again, both organically and through acquisitions. Our success is underpinned by our commitment to packaging that is innovative and adds value to our customers, throughout their global supply chains and also by a focus on our own global supply chain efficiency. This approach, together with momentum in our business and opportunities to further strengthen our customer offering, gives us confidence in the future."  
 
 
Forthcoming Dates
Results for the full year to 30 April 2017

14:00 27/04/2017
Broker Forecast - Numis issues a broker note on Smith (DS) PLC
Numis today reaffirms its add investment rating on Smith (DS) PLC (LON:SMDS) and set its price target at 495p. Story provided by StockMarketWire.com

Shares today - On the cusp of the FTSE100.

Have been in these "boys" quite a few years now and they are always behaving like a rollercoaster.... If the sp is down by say 10p/s one day-buy them the next day as they will go up in xs of that imme- they always have and probably always will and has never disappointed any investor

12 Jun
Peel Hunt
520.00
Buy

Results of Placing
RNS
RNS Number : 6141J
Smith (DS) PLC
29 June 2017
 

RESULTS OF PLACING OF NEW ORDINARY SHARES
 
DS Smith Plc (DS Smith or the Company) is pleased to announce the successful completion of the underwritten placing of new ordinary shares of 10 pence each in the Company (the Placing), announced earlier today.
 
A total of 62,637,363 new ordinary shares of 10 pence each in the Company (the Placing Shares) have been placed by Citigroup Global Markets Limited (Citi) and JP. Morgan Securities plc (which conducts its UK investment banking business as J.P. Morgan Cazenove) (JPM) at a price of 455 pence per Placing Share (the Placing Price), raising total proceeds of approximately £285 million (before commissions and expenses) (the Gross Proceeds) for the Company. The Placing Shares being issued represent approximately 6.6 per cent. of the Company's existing issued ordinary share capital immediately before the Placing.
 
The Placing Price represents a premium of 2.5 per cent. to the closing price on 28 June 2017.
 
The Placing Shares, when issued, will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of 10 pence each in the capital of the Company, including the right to receive all dividends and other distributions declared, made or paid on or in respect of such shares after the date of issue.
 
Applications have been made to the Financial Conduct Authority (the FCA) for the Placing Shares to be admitted to the premium listing segment of the Official List of the FCA (the Official List) and to the London Stock Exchange plc (the London Stock Exchange) for the Placing Shares to be admitted to trading on the main market for listed securities of the London Stock Exchange (together, Admission). It is expected that settlement of the Placing Shares and Admission will take place at 8.00 a.m. on 3 July 2017. Settlement of the Placing is conditional upon, among other things, Admission becoming effective and the Placing Agreement not being terminated in accordance with its terms.
 
Following Admission the total number of shares in issue in the Company will be 1,014,426,719.
 

29 Jun
Peel Hunt
520.00
Buy
29 Jun
Citigroup
498.00
Buy

Broker Forecast - Jefferies International issues a broker note on Smith (DS) PLC
BFN
Jefferies International today reaffirms its hold investment rating on Smith (DS) PLC (LON:SMDS) and raised its price target to 475p (from 460p).

Story provided by StockMarketWire.com

Dream I think you're a Fund Manager , who brings his work home with him .

I wish. lol