Smurfit Kappa announce a final dividend increased by 12% to 80.9 cent per share

DividendMax Ltd.

Smurfit Kappa announce a final dividend increased by 12% to 80.9 cent per share

The Smurfit Kappa Board is recommending a final dividend of 80.9 cent per share, a 12% increase year-on-year. It is proposed to pay the final dividend on 15 May 2020 to shareholders registered at the close of business on 17 April 2020.

Other financial highlights include:

 EBITDA of €1,650 million, up 7% with an increased margin of 18.2%

 Strong free cash flow of €547 million, an increase of 11% on 2018 

 ROCE of 17.0%, in line with the Group’s target

 Increased geographic reach with acquisitions in Bulgaria and Serbia

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