Smurfit Kappa increases its 2016 final dividend by 20%

DividendMax Ltd.

Smurfit Kappa increases its 2016 final dividend by 20%

Full Year Key Points

  • Full year 2016 revenues on a constant currency basis up 5%
  • 2016 EBITDA of €1,236 million, a new record for the Group
  • Improved ROCE at 15.4%
  • Continued good cash generation with free cash flow of €303 million
  • Admission to FTSE 100 index effective 19 December 2016
  • 7 year bond issuance of €500 million at 2.375% in January 2017
  • Final dividend increased by 20% to 57.6 cent per share

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