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

3rd Quarter Results

Third Quarter & First Nine Months Key Points
• Year to date pre-exceptional EPS growth of 55% reflecting a good operational performance and lower financing costs
• Continued growth in return on capital employed (ROCE") to 14.5%
• Strong free cash flow continues to support growth and lower leverage of 2.2 times net debt to EBITDA
• Implementation of price increase of 30 per tonne in both testliner and kraftliner
• Corrugated volume growth of 2% year-on-year to September 2014
• Immediately accretive acquisition of Bates Container for US$158 million completed in October 2014
• SKG to deliver 2014 EBITDA results in line with market expectations



http://www.moneyam.com/action/news/showArticle?id=4917217

Statement re Credit rating upgraded by Moody"...

BZW


Statement re Credit rating upgraded by Moody"s and Fitch

Smurfit Kappa Group PLC



Smurfit Kappa credit rating upgraded by Moody"s and Fitch

1 December 2014: Smurfit Kappa Group plc (SSKG⬝ or the SGroup⬝), one of the world's largest integrated manufacturers of paper-based packaging products with operations in Europe and the Americas, welcomes the upgrade of its credit rating to SBa1⬝ from SBa2⬝ by Moody"s Investors Service and to "BB+" from "BB" by Fitch Ratings. The rating actions follow the upgrade to BB+ by Standard & Poor"s in February 2014.

Ian Curley, Group Chief Financial Officer, commented, "The upgrades by Moody"s and Fitch confirm the delivery of one of the Group"s key financial objectives; a strong and low-cost capital structure which will provide a solid base to grow the business over the near and medium term. The Group"s progress to this point reflects its capacity for consistent operational performance and free cashflow generation through the cycle supported by our geographic diversity, our unrelenting focus on cost efficiency and our integrated business model.⬝

About Smurfit Kappa

Smurfit Kappa is one of the leading producers of paper-based packaging in the world, with around 41,000 employees in approximately 350 production sites across 32 countries and with sales revenue of 8 billion in 2013.

Innovation, service and pro-activity towards customers, using sustainable resources, is our primary focus. This focus is enhanced through us being an integrated producer, with our packaging plants sourcing the major part of their raw materials from our own paper mills. We are the European leader in paper-based packaging, operating in 21 countries selling products including corrugated, containerboard, bag-in-box, solidboard and solidboard packaging. We have a growing base in Eastern Europe in many of these product areas. We also have a key position in other product/market segments including graphicboard, MG paper and sack paper.

We are the only large scale pan regional player in the Americas, operating in 11 countries in total in North, Central and South America.

ENDS

Shares - Paper -based packaging group Smurfit Kappa is eyeing up further acquisitions but says progressive dividends are still an important part of its strategy. The company has outperformed Mondi by 3.3 % and DS Smith by 24.7% to date but still trades on a 16% discount to its European peers with a 2015 price to earnings ratio of 11.6

Ex dividend Thurs 9 April 0.4Euros

Anglo-Irish-packaging-giant-Smurfit-Kappa-snapped-rival-6bn-deal.


Tennessee-based International Paper is thought to be weighing up an offer of 36 euros (£26) a share for Smurfit Kappa, which is listed in Dublin and London

The Telegraph - Finally, in Dublin, paper and packaging giant Smurfit Kappa climbed 65½ cents to €27.35½ amid renewed hopes it will receive a bid from American rival International Paper. Traders were excited by comments from Mark Sutton, the boss of the US company, who said it remained on the hunt for deals.

Shares - Smurfit Kappa expects to deliver year on year earnings growth in 2015 as a result of the more positive European business environment and improvements in its operational performance in the Americas.

Mentioned in shares magazine.

Interims Wed 29 July

Half yearly report

01 Oct 2015 Smurfit Kappa Group PLC (0.2 EUR) Ex dividend

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 2015 third quarter results on Wednesday, 04 November 2015 at 07.00 GMT (02.00 ET

Third quarter results

Third Quarter & First Nine Months Key Points

Year to date Group corrugated volume growth of 6% year-on-year with 3% organic growth in Europe
Sequential EBITDA increase of 7% with EBITDA margins improving to 15% in the third quarter
Pre-exceptional Basic EPS growth of 20% year to date
Increased Return on Capital Employed of 15%, in line with our target
Strong free cash flows reducing net debt and strengthening the Groups strategic flexibility
Based on current operating conditions, 2015 EBITDA is expected to be in line with market expectations

Smurfit Kappa to change share denomination to GBP
StockMarketWire.com
Smurfit Kappa said trading in its ordinary London-quoted shares will switch from euro to sterling today at 8am.

First quarter results


First Quarter Key Points
• Group corrugated packaging growth including acquisitions of 5% with solid underlying volume growth
• Growth of 6% in pre-exceptional EBITDA with improved margin at 14%
• Continued strong ROCE at 15.3%
• Successful completion of two major upgrades of paper machines in the Netherlands and Spain
• Announcement of �40 per tonne price increase in European brown kraftliner effective 15 June 2016
• Confirmation of upgrade to Sterling Premium UK listing with retention of euro denominated Irish listing

SKG's profit

StockMarketWire.com

Smurfit Kappa has improved its Q1 pretax profit by 31% to 128m euros, from 98m euros. Revenue was ahead 2% to 2bn euros, from 1.9bn euros.

CEO Tony Smurfit said the solid year-on-year earnings progression in the first quarter of 2016 with 6% EBITDA growth was driven by an improved operating performance and the positive impact of acquisitions in 2015.

"Our well invested, geographically diversified and vertically integrated operations will continue to provide us with a resilient platform to drive earnings and free cash flows," he said in a statement.

"We continue to see good levels of demand for packaging across almost all of the markets in which we operate. During the quarter, currencies had a distorting effect which on a like-for-like basis had a negative translation effect of almost 10 million on EBITDA.

"In addition, the rebuilds of our Roermond and Sanguesa mills adversely impacted profitability in the quarter. However, both projects will enhance our European systems cost position and commercial offering.

"Following the completion of over 380m euros of acquisitions in 2015, the Groups focus is on the successful integration of these businesses through 2016 with the capacity for further bolt-on acquisitions.

"Our capital investment programme of over 450m euros per annum supports our objective to deliver higher quality packaging and merchandising solutions to our global customers, while continually driving operational efficiencies through our integrated system."

HIGHLIGHTS:

- Group corrugated packaging growth including acquisitions of 5% with solid underlying volume growth

- Growth of 6% in pre-exceptional EBITDA with improved margin at 14% Continued strong ROCE at 15.3%

- Successful completion of two major upgrades of paper machines in the Netherlands and Spain

- Announcement of 40 euros per tonne price increase in European brown kraftliner effective 15 June 2016

- Confirmation of upgrade to Sterling Premium UK listing with retention of euro denominated Irish listing





Story provided by StockMarketWire.com

Broker Forecast - Deutsche Bank issues a broker note on Smurfit Kappa Group PLC

Deutsche Bank today reaffirms its buy investment rating on Smurfit Kappa Group PLC (LON:SKG) and cut its price target to 2160p (from 2340p). Story provided by StockMarketWire.com

Interims Wed 27 July

Half year report

26 Aug Deutsche Bank 2,160.00 Buy