Brief: Smurfit Kappa Says Plans To Deliver Medium-Term ROCE Target Of 17 Pct

Ateme SA

07/02/2018 09:40

Feb 7 (Reuters) - Smurfit Kappa Group Plc  SKG.I : 
    * REG-SMURFIT KAPPA GROUP PLC STATEMENT RE MEDIUM-TERM 
OUTLOOK 
    * OBJECTIVE TO INVEST EUR 1.6 BILLION ABOVE MAINTENANCE 
CAPITAL 
EXPENDITURE BETWEEN 2018 AND 2021 
    * PLANS TO DELIVER A MEDIUM-TERM ROCE TARGET OF 17% 
    * REVISED MEDIUM-TERM TARGET LEVERAGE RANGE OF 1.75X TO 
2.5X NET 
DEBT TO EBITDA 
 
Source text for Eikon:  ID:nBw6J5JPta  
Further company coverage:  SKG.I  
 
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