(Alliance News) - Stocks in London are expected to open lower on Thursday, as investors wait for the Bank of England s interest rate decision, while the UK continues to be gripped by wild inflation.
The BoE announces its interest rate decision at 1200 B.
DS Smith PLC on Thursday said that trading in its current financial year has been in line with forecasts, despite weaker-than-expected volumes.
The London-based packaging firm said it expects. | April 27, 2023
UPDATE: DS Smith tips growth; confirms start date of finance director lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
DS Smith PLC on Thursday said that trading in its current financial year has been in line with forecasts, and confirmed the start date of its new finance director.
The London-based packaging firm. | April 27, 2023
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(Reuters) - Cardboard maker DS Smith on Thursday resumed dividend payments and said demand for packaging material had rebounded due to a surge in online shopping amid COVID-19 curbs.
Including e-commerce, the fast-moving consumer goods (FMCG) sector accounts for nearly 83% of the British packaging company s box business volumes.
DS Smith declared an interim dividend for of 4 pence per share, months after it said it would not do so due to pandemic-related uncertainties. We have maintained our track record of winning market share through our fibre-based offering focussed on FMCG and e-commerce customers, where the seasonal period has seen solid growth, Chief Executive Officer Miles Roberts said.