Smurfit Kappa increases its 2017 interim dividend by 5%

DividendMax Ltd.

Smurfit Kappa increases its 2017 interim dividend by 5%

Second Quarter and Half Year Key Points

  • Group revenue growth of 5% for the first six months with strong demand in most markets
  • Second quarter EBITDA of €292 million with increased sequential EBITDA margin of 13.9%
  • Kraftliner demand robust with additional €50 per tonne price increase implemented in the third quarter
  • Containerboard price increases feeding through to corrugated price recovery
  • Interim dividend increased by 5% to 23.1 cent per share

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