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Smurfit Kappa profits drop but volumes bounce back

Smurfit Kappa shares jumped on Wednesday despite a drop in revenues and profits for 2023, as volumes rebounded to growth towards the end of the year.

FTSE 100 Live: Stocks close near lows as Barratt and Sainsbury slide

FTSE 100 Live: Stocks close near lows as Barratt and Sainsbury slide
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Smurfit Kappa reports €2 08bn earnings as group anticipates exciting US merger

Paper packaging giant Smurfit Kappa reported earnings of €2.08bn last year, down 12pc from 2022.

Smurfit Kappa profits drop but volumes bounce back

Smurfit Kappa shares jumped on Wednesday despite a drop in revenues and profits for 2023, as volumes rebounded to growth towards the end of the year.

Smurfit Kappa one of the first Adopters of the TNFD

Smurfit Kappa Group is one of the first companies to adopt the recommendations of the Taskforce on Nature-related Financial Disclosures. SKG was announced in the first cohort of Early Adopters by the TNFD during the Annual Meeting of the World Economic Forum in Davos on January 16th.

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