DS Smith still sitting in the box-seat as online shopping booms
Corrugated box volumes have grown progressively throughout the financial year with the second half expected to achieve a volume increase in excess of 7% over the comparative period last year. It may be helping Amazon take over the world but at least it pays its taxes, eh?
DS Smith PLC (LON:SMDS), the packaging giant, continues to benefit from the trend towards online shopping.
In a pre-close trading update covering the year to the end of April, the company said trading in the second half of the year continued to build positively on the trends and momentum the group reported on last month.