Smurfit Kappa Group plc announces its full year results for 2023, with highlights including revenue of €11.3 billion, EBITDA of €2,080 million, and a return on capital employed of 17.1%.
Smurfit Kappa plans to close its recycled corrugated base paper mill in Le Pontet, southern France, according to EUWID. Smurfit Kappa Recyclé France (SKPRF) had presented a restructuring plan to union representatives that envisages the closure of the Smurfit Kappa Alfa d'Avignon mill. Due to market developments, SKPRF has carried out a fundamental review of all its activities in recent months.