A FTSE 100 Company.
Smurfit Kappa is one of the leading producers of paper-based packaging

We operate in 32 countries - 21 in Europe, and 11 in the Americas - with around 41,000 employees and third party sales revenue amounted to €7.9 billion in 2013.

We are an integrated producer, with our packaging plants sourcing the major part of their raw material requirements from our own paper mills. In turn, the sourcing of recovered fibre and wood for the mills is managed through a combination of our own reclamation and forestry operations and purchases from third parties.

We primarily produce corrugated packaging, with our operations supported by a strong network of containerboard mills. As the market leader in both regions, we are strongly focused on the needs of our customers, with a market driven approach aimed at optimising the value of the package. In addition to corrugated and containerboard, we have leading positions in several other market segments including solid board and solid board packaging and graphic board.

Our headquarters are in Dublin with regional headquarters in Paris (Europe) and Miami (the Americas).

We are

No. 1 European market position in corrugated packaging, containerboard, solid board and solid board packaging

No. 2 World market position for the production of corrugated packaging

We turnover

€7.9 billion sales revenue in 2013


We employ

41,000 people worldwide


We operate in

21 countries in Europe


11 countries in the Americas


We own

38 mills (27 produce containerboard)


231 packaging converting plants


47 recovered fibre facilities


32 other production facilities


104,000 hectares of Latin American forest plantations


http://www.smurfitkappa.com/vHome/com/Pages/Default.aspx

Notice of Results
BUS
Notice of Results
Smurfit Kappa Group PLC

Announcement Date for 2017 Third Quarter Results
SKG:ID


SKG:LN

Dublin, London, 20 October, 2017: Smurfit Kappa Group plc (SKG or the Group), one of the worlds largest integrated manufacturers of paper-based packaging products, with operations in Europe and the Americas, announces it will release 2017 third quarter results on Wednesday, 01 November 2017 at 07.00 GMT (02.00 ET).
The Groups management team will host a conference call for analysts and institutional investors at 10.00 GMT (05.00 ET) on this date.

Third quarter results

Third Quarter and First Nine Months Key Points
Group revenue growth of 4% for the third quarter and year-to-date
Continued box price progression in the third quarter
Increased sequential EBITDA margin of 15.1%
Solid free cash flow delivery of 152 million for the quarter
Acquisitions in Russia and Greece, expanding the Groups packaging footprint

2 Nov
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2 Nov
Deutsche Bank
2,650.00
Buy
2 Nov
Jefferies...
2,635.00
Buy

10:10 27/11/2017
Broker Forecast - Jefferies International issues a broker note on Smurfit Kappa Group PLC
Jefferies International today reaffirms its buy investment rating on Smurfit Kappa Group PLC (LON:SKG) and raised its price target to 2930p (from 2635p). Story provided by StockMarketWire.com

29 Jan
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Final results

Sharecast - a note on packaging and paper.



Goldman said it likes Smurfit in the packaging space, along with Mondi, which had been trading up earlier. The bank said it expects Smurfit and Mondi to benefit from already achieved price increases throughout 2017 and continuous solid demand.
"Smurfit Kappa Group and DS Smith, two of the biggest box producers in Europe are targeting box prices after rising input costs through 2017 caused margin contraction. At 4Q results, Smurfit highlighted it had achieved a 5% box price increase and remained confident in achieving the 6%-8% it guided for earlier in 2017.
"DS Smith is targeting an 8%-10% increase and had achieved around 3.5% at 1H18 results and price increases are progressing in line with expectations. We expect the recovery to continue in 1H18 and drive a margin expansion in 2018 as producers benefit from already achieved box prices and get additional gains in 1H18 contract negotiations."

Smurfit Kappa rejects 'opportunistic' takeover bid from International Paper Company
StockMarketWire.com
Packaging group Smurfit Kappa said it had rejected a takeover proposal from International Paper Company, claiming that it under-valued the company.

'The proposal fails entirely to reflect the group's strong growth prospects and attractive industry outlook,' Smurfit Kappa said.

Smurfit Kappa did not provide details of the offer, other than to state that it involved a combination of cash and a minority holding in the combined business.

The bid would involve our shareholders receiving a high proportion of their consideration in the form of International Paper's shares, it added.



Story provided by StockMarketWire.com

:-))

Statement re First Digital Post-Print Corrugated Press
BUS
Statement re First Digital Post-Print Corrugated Press
Smurfit Kappa Group PLC

5 April 2018
Smurfit Kappa and HP bring first digital post-print corrugated press to Europe
Smurfit Kappa is installing a revolutionary new industrial-scale HP PageWide C500 digital press for corrugated printing which will provide greater customisation and flexibility for customers.
The HP PageWide C500 Press, which will be the first commercial HP single pass press in Europe, is HPs most technologically advanced digital press for corrugated application. The press will be installed in Smurfit Kappas Interwell plant in Austria.
With a fully integrated stack-to-stack workflow, the press combines digital simplicity with off-set replaceable print quality on both coated and uncoated paper. The cutting-edge technology will provide brand owners with customised packaging solutions that can drive sales across both online and traditional sales channels.
Smurfit Kappa is the European leader in shelf-ready and eCommerce packaging development which are delivered through its ShelfSmart and eSmart services. The graphic flexibility and quality of the new HP PageWide C500 Press will further enhance the companys service to drive brand recognition and provide fit-for-purpose packaging.
Furthermore, the HP water-based inks facilitate printing on both primary and secondary food packaging without an additional barrier which can comply with even the most stringent global food safety regulations.
Speaking about the investment Saverio Mayer, Smurfit Kappa CEO of Europe, said: This new press is the perfect solution for our Interwell plant. It comes after a successful collaboration between Smurfit Kappa and HP.
We are both early adopters in our respective industries and constantly strive to provide pioneering, market-leading solutions for our customers.
We are delighted that Smurfit Kappa will be the first in Europe to install the C500 Press which showcases brand new technology and offers all the flexibility of digital printing. This press is going to fundamentally change the corrugated industry by digitalising it, said Cristbal Macedo, Director, EMEA Corrugated Business Director, HP Inc.
The press will be installed in April and will support Smurfit Kappas extensive customer base in the Fast Moving Consumer Goods (FMCG) sector by strengthening the power of their brands in an increasingly competitive, consumer-focused world.

Statement re Sustainability Goals
BUS
Statement re Sustainability Goals
Smurfit Kappa Group PLC

15th May 2018
Smurfit Kappa takes another stride forward in reaching sustainability goals
Smurfit Kappa has achieved a 26% reduction in CO2 emissions three years ahead of time, according to its annual Sustainable Development Report, which was published today.
The packaging leader had set an ambitious target to reduce the relative total fossil CO2 emissions in its mill system by 25%. In todays report, the packaging leader confirmed that it had surpassed the target, which had a 2020 deadline, at the end of 2017.
While Smurfit Kappas paper-based packaging is renewable and recyclable, the paper production process itself is energy intensive. Reaching the climate change goal further reinforces the companys ongoing commitment to reduce its carbon footprint by focusing on energy efficiency and the use of renewable sources of fuel such as biomass, where feasible.
Climate change is one of Smurfit Kappas five strategic areas of focus for sustainability along with Forest, Water, Waste and People. The 2017 Sustainable Development Report announces several other key achievements including reaching two other targets in 2017. The first was a reduction in the chemical oxygen demand in its water, also reached three years early, and the second was in the area of health and safety with a 9% reduction year-on-year in lost time accident frequency rate over the five year period of 2013-2017, exceeding the targeted decrease of 5% year-on-year for the same period. Smurfit Kappa continues to provide Chain of Custody certified deliveries to packaging customers across Europe and the Americas approaching the target level of 90% certification. This is unique to the packaging industry for a company of Smurfit Kappas size.
Other highlights include Smurfit Kappa's ranking in the top 1% of the EcoVadis Sustainability ratings and its listing on the FTSE4Good, Euronext Vigeo Europe 120, Ethibel and STOXX Global ESG Leaders investor rating systems.
Smurfit Kappa's commitment to investing in social and scientific projects to benefit the communities in which the company operates amounted to approximately 5 million with an emphasis on the area of childhood education.
Tony Smurfit, Group CEO said: "2017 was yet another year with a strong performance on sustainability metrics for Smurfit Kappa and I am confident this will continue into the future. In the next five years we plan to allocate significant capital to projects that will contribute further towards lowering our environmental footprint and we will continue to invest significant resources in the development, safety and wellbeing of our people.
This report is also evidence of our industry-leading transparency and demonstrates how Smurfit Kappa is making progress in supporting the UNs 2030 Sustainability Development Goals.
Steven Stoffer, Group VP Development at Smurfit Kappa, added: For Smurfit Kappa, sustainability is not only about mitigating climate change and reducing inefficiency. For packaging to be truly sustainable, it must be produced and designed in a sustainable fashion and be biodegradable within a relatively short time after multiple usages. This results in minimal impact on the planet.
Paper-based packaging is uniquely positioned to do this, and we strongly support the growing concern and efforts to put an end to the increasing mass of non-biodegradable, primarily plastic packaging floating in our oceans. This is why we believe that paper is the future of packaging.
Key findings from the 2017 report include:
Forest
All fibres sourced sustainably
Climate Change
Achieved 26.1% against a target reduction of relative CO2 emissions of 25%
Water
Achieved 37.5% against a target reduction of relative COD discharge of 1/3
Waste
Reduced waste sent to landfill intensity by 13.3% since 2013
People
Achieved 9% annual reduction of lost time accident frequency rate between 2013 2017.

SKG to acquire Reparenco for approximately 460 million
BUS
675,000 tonne paper mill in Netherlands strengthens SKGs integrated business
Accelerates SKGs strategic objectives under its Medium Term Plan
SKG to acquire Reparenco for approximately 460 million
Smurfit Kappa Group PLC
Smurfit Kappa Group plc (SKG or the Group), one of the world's largest integrated manufacturers of paper-based packaging products with operations in Europe and the Americas, is pleased to announce that it has agreed to acquire Reparenco, a privately owned paper and recycling business in the Netherlands, for a cash consideration of approximately 460 million (the Transaction) following a competitive process.
Reparenco operates a two machine paper mill in the Netherlands with a capacity of 675,000 tonnes together with a 750,000 tonne recovered fibre operation. Reparenco employs 315 people with Gross Assets of 189 million and generated EBITDA of 41 million in the 12 months to April 2018, during which time the business continued to ramp up production.
The acquisition represents a transaction multiple, pre-synergies, of 6.4x the expected full year 2018 EBITDA for Reparenco of 72 million.
Reparencos strong strategic fit with SKGs existing European businesses is expected to deliver significant synergies in the near-term in a number of areas, including increased integration of containerboard and the recycling operations into the Group.
The cash consideration will be funded from the Group's existing resources. It is expected that the Transaction will complete within four to six weeks subject to customary completion conditions and adjustments and regulatory approval.
Smurfit Kappa Group will host a conference call, for analysts and institutional investors today, 24May, at 9.00 BST (04.00 ET). Dial in details call are included at the end of this release.
Transaction Highlights
Accelerates the Groups strategic objectives under its Medium Term Plan;
Delivers EBITDA day 1 with no start-up risk;
Acquisition of a paper mill with a capacity of 675,000 tonnes in SKGs core operating region in Europe;
Mill comprises two machines with capacity of 405,000 tonnes of recycled containerboard and 270,000 tonnes of graphic paper (with the potential for conversion to containerboard);
Mill includes a 750,000 tonne recovered fibre operation; and,
Strengthens SKGs paper integration the Group is currently short 700,000 tonnes of recycled containerboard in Europe.
Smurfit Kappa Group CEO, Tony Smurfit, commented: We are pleased to announce our agreement to acquire Reparenco, successfully concluding a process which began on February 1st this year. The acquisition of Reparenco is complementary with our existing business; strengthens our integrated business model; and accelerates a central element of our medium term plan.
We welcome all the Reparenco employees to Smurfit Kappa. We believe there is a strong cultural fit between our businesses and that, together, we will generate value in the short, medium and long term for all our stakeholders.

25 May
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Statement re Smurfit Kappa Tops Sector in Extel Survey
BUS
Statement re Smurfit Kappa Tops Sector in Extel Survey
Smurfit Kappa Group PLC

21 June 2018
Smurfit Kappa Tops Sector in Extel Survey for Second Consecutive Year
Smurfit Kappa Group plc (Smurfit Kappa or The Group), one of the worlds largest integrated manufacturers of paper-based packaging products, with operations in Europe and the Americas, has been ranked number one in the forestry, paper & packaging sector for Best CEO, Best CFO and Best Investor Relations for the second year running. The Group also received first place for Best IR Professional.
This follows Institutional Investors rankings in April, where Smurfit Kappa was named Most Honoured Company in the European paper & packaging sector for a third consecutive year.
Extel, the foremost independent evaluation of quality across the European equities investment industry, issues annual rankings of Europes leading Executive Teams based on the views of investment professionals. The 2018 rankings consisted of contributions from over 11,333 investment professionals at 2,682 buy-side firms, 241 sell-side and 1,099 corporates.
Ken Bowles, Smurfit Kappa Group CFO commented: We are delighted to top the Extel sector rankings for the second consecutive year. These rankings reflect the dedication and commitment of our wider team and our prospects as a business. I would like to take the opportunity to thank those who have continued to support us as we look forward to delivering on our medium term plan.
About Extel
The Extel Survey began in 1974 with 53 asset management firms giving their views on the advice they were getting from their research analysts at stockbroking houses.
Today, Extel is the foremost independent evaluation of quality across the European equities investment industry. Widely valued expertise in Developed & Emerging Europe, Middle East, North Africa, and Frontier Markets, Extel provides valued insights on hot topics such as social responsibility, the impact of MiFID II and unbundling.
ENDS

Statement re Digital Printing Expansion
BUS
Statement re Digital Printing Expansion

Smurfit Kappa Group PLC

Smurfit Kappa and HP continue digital printing expansion throughout Europe
Smurfit Kappa is continuing to use digital print with remarkable effect in the corrugated packaging industry. The packaging leader has ramped up its capabilities by installing eight HP Scitex corrugated presses across its European sites.
The new printers facilitate brilliant graphics which make display and promotional packaging come alive. They are also capable of short runs to meet the increasing demand for reduced turnaround times from brands.
Smurfit Kappa has installed Scitex HDR technology corrugated presses the HP Scitex 11000, HP Scitex 15500, and HP Scitex 17000 in sites in Belgium, Denmark, France, Portugal, Poland and the UK with additional installations scheduled for sites in the UK and the Netherlands.
There is an industry-wide consensus that corrugated is ready for digital. We are using HP digital solutions in many of our plants to provide pioneering, market-leading solutions for our customers, said Edwin Goffard, Chief Operating Officer of Corrugated and Converting at Smurfit Kappa Group Europe.
Our strong relationship with HP enables us to stay ahead of any printing trends and fits in with our sustainability goals.
Cristbal Macedo, HP General Manager, PageWide Industrial Business Europe, Middle-East & Africa added: Were thrilled to be assisting Smurfit Kappa with their printing requirements after a wonderful three years in partnership.
The HP Scitex HDR press offers customers both speed and quality, ensuring that high standards do not suffer for the sake of productivity.
Digital printing has strengthened the marketing capabilities of packaging and displays. The ability to stand out on the shelf is enhanced by the graphic flexibility and quality of the new HP printers. Smurfit Kappa has been using digital print successfully in shelf-ready packaging which is delivered through its ShelfSmart service.
The installation of the Scitex HDR printers follows on from Smurfit Kappa installing the first commercial HP single pass press in Europe in its Interwell plant in Austria in April.
ENDS

Acquisition
BUS
Acquisition
Smurfit Kappa Group PLC

Smurfit Kappa completes acquisition of Reparenco
Delivery of central element of SKGs Medium Term Plan
Transaction multiple represents 4.5x post synergy EBITDA
Smurfit Kappa Group plc (SKG or the Group), one of the world's largest integrated manufacturers of paper-based packaging products with operations in Europe and the Americas, is pleased to announce that it has completed the acquisition of Reparenco, a paper and recycling business in the Netherlands, for 460 million.
The acquisition represents a transaction multiple, pre-synergies, of 6.4x Reparencos 2018 expected full year EBITDA of 72million. Reparencos strong strategic fit with SKGs existing European businesses is expected to deliver synergies of in excess of 30 million. Including synergies, the acquisition multiple is less than 4.5x EBITDA.
Smurfit Kappa, CEO, Europe, Saverio Mayer, said: We are very pleased to complete the acquisition of Reparenco and to welcome their 315 employees to Smurfit Kappa. There is a strong cultural fit between our businesses and we are excited about the potential for Reparenco within the Smurfit Kappa integrated system.
Reparenco represents early delivery of a central element of our Medium Term Plan to increase our European recycled containerboard capacity. It is ideally situated in our core European operating region where we continue to see strong demand driven by growth in e-commerce and increased substitution of plastic with paper-based packaging. The mill is also very well placed on the cost curve and specialises in producing basis weights from 80 to 120 grams which caters for the markets growing demand for lighter-weight materials.
Laurent Sellier, Smurfit Kappa COO, Paper Europe, added: The acquisition of Reparenco will strengthen our integrated business model and adds 405,000 tonnes of recycled containerboard capacity to our system.We are also pleased to have acquired a high quality graphic paper machine very well positioned in its market. While the machine offers the potential for conversion to containerboard over the medium-term, our intention is to continue to produce graphic paper for our customers for the foreseeable future.
The 750,000 tonne recycling operation increases our security and quality of raw material supply and also ensures we can provide our customers with greater certainty about the quality and performance of our products.
About Reparenco
Reparenco operates a two machine paper mill in the Netherlands with a capacity of 675,000 tonnes together with a 750,000 tonne recovered fibre operation. The mill comprises two machines with capacity of 405,000 tonnes of recycled containerboard and 270,000 tonnes of graphic paper (with the potential for conversion to containerboard).

Statement re Euronext Vigeo Eiris
BUS
Statement re Euronext Vigeo Eiris
Smurfit Kappa Group PLC

Smurfit Kappa demonstrates sustainability leadership with Euronext Vigeo Eiris listing for sixth consecutive year
Smurfit Kappas industry-leading commitment to sustainability has been recognised once again by the Euronext Vigeo Eiris index. The packaging leader was listed on the sustainability index for the sixth year in a row after distinguishing itself for its Environmental, Social and Governance (ESG) performance.
The Euronext Vigeo Eiris index is composed of the 120 highest-ranking listed companies for corporate social responsibility performance. To qualify, companies are subject to examination of their sustainability programme by a team of analysts which reviews up to 330 indicators. Only companies that can produce hard evidence of their sustainability programmes and score highly against industry benchmarks make the final list.
Smurfit Kappas annual Sustainable Development Report provides a detailed and transparent update on its ESG performance in five strategic areas of focus: Climate Change, Forest, Water, Waste and People.
In the 2017 report, which was launched earlier this year, the company announced several key sustainability achievements including meeting three targets relating to water, climate change and health and safety ahead of time. The report also revealed that Smurfit Kappa has invested approximately 5 million in social and scientific projects to benefit the communities in which it operates.
Steven Stoffer, Group VP Development at Smurfit Kappa, said: We are delighted to have been listed on this prestigious index again. For Smurfit Kappa, sustainability is not only about mitigating climate change and reducing inefficiency, it is also about taking a sustainable approach to every aspect of our business.
With a growing number of investors and funds incorporating ESG criteria into their investment decisions, its vital for us to provide this assurance. Many of our customers also expect their business partners to have a genuine commitment to corporate social responsibility and this is something that Smurfit Kappa has won several supplier awards for.
Smurfit Kappa is also listed on the FTSE4Good, Ethibel and STOXX Global ESG Leaders investor rating systems.

Statement re Scania Collaboration
BUS
Statement re Scania Collaboration
Smurfit Kappa Group PLC




24th July 2018
Smurfit Kappa and Scania collaborate on sustainable and optimised packaging solution
Smurfit Kappa worked with global transport provider Scania to replace some of the materials used in its supply chain with paper-based packaging solutions.
The packaging leader was working with the Scania Parts Logistics division which is responsible for the distribution of all Scania parts. Scania has a complex supply chain with many different sized products, some of which are particularly fragile.
Scania had a requirement for packaging for truck windows that were currently transported using four different materials, which included wooden pallets and expanded polystyrene (EPS).
Smurfit Kappa used its SupplySmart service to review every aspect of Scanias supply chain. The analysis was then compared with insights that have been gathered from over 60,000 supply chains to identify opportunities to make sustainable changes.
Smurfit Kappa came up with an innovative new concept that replaced the EPS interior and wooden pallet with honeycomb, a completely sustainable, paper-based material. Along with the switch from multiple materials to a single material solution, the storage space required was cut by 50% which resulted in significant transportation savings for Scania.
Brechtel Coox, Packaging Engineer at Scania Parts Logistics said: "After a comprehensive review of the challenging brief that we presented them with, Smurfit Kappa managed to present us with an ingenious solution that exceeded all our expectations.
Scania Parts Logistics depends on an optimised supply chain so we can guarantee our customers a first-class service.
Erik Bunge, CEO of Smurfit Kappa Corrugated Benelux added: "This project was the result of a collaborative process between Smurfit Kappa and Scania Parts Logistics. Our starting point was to see how we could optimise their supply chain in terms of time, costs and sustainability.
The paper-based solution we came up with which combines corrugated and honeycomb production capabilities within is strong and enables us to deliver an innovative and reliable service to our valued partner Scania.
ENDS

Half year report

09:10 22/08/2018
Broker Forecast - Jefferies International issues a broker note on Smurfit Kappa Group PLC
Jefferies International today reaffirms its buy investment rating on Smurfit Kappa Group PLC (LON:SKG) and raised its price target to 3750p (from 3460p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk