Brief: DS Smith Continues To Expect Ongoing Modest Volume Growth

DS Smith

05/12/2024 07:21

Dec 5 (Reuters) - DS Smith PLC  SMDS.L :
    * SMITH (DS) PLC  - 2024/25 HALF YEAR RESULTS
    * DS SMITH - LIKE FOR LIKE BOX VOLUME GROWTH OF 2% IN H1
    * DS SMITH - HY LOWER ADJUSTED PROFIT DRIVEN BY EXPECTED
LOWER
PACKAGING PRICES
    * DS SMITH - HIGHER INPUT COSTS BROADLY OFFSET BY COST
REDUCTION
AND PRODUCTIVITY INITIATIVES H1
    * DS SMITH - CONTINUE TO EXPECT ONGOING MODEST VOLUME GROWTH
    * DS SMITH - PACKAGING PRICES TO IMPROVE SEQUENTIALLY
THROUGH YEAR
TO RECOVER HIGHER INPUT COSTS
    * DS SMITH - MARKET TRENDS EXPERIENCED DURING Q2 OF CURRENT
FY
HAVE CONTINUED INTO START OF H2
    * DS SMITH - £75M OF INTERNATIONAL PAPER TRANSACTION COSTS
REFLECTED IN STATUTORY PROFITS IN H1
    * DS SMITH PLC - COMPLETION OF INTERNATIONAL PAPER DEAL
EXPECTED
Q1 2025

Source text:  ID:nRSE8718Oa 
Further company coverage:  SMDS.L 

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