The Smurfit Kappa Board is recommending a final dividend of 87.4 cent per share (approximately €226 million). It is proposed to pay this dividend on 7 May 2021 to all ordinary shareholders on the share register at the close of business on 9 April 2021, subject to the approval of the shareholders at the AGM.
Other financial highlights include:
- EBITDA of €1,510 million with an EBITDA margin of 17.7%
- Strong Free Cash Flow of €675 million
- ROCE of 14.6%
- Increased sustainability targets including net zero CO2 emissions by 2050
- Successful capital raise of €660 million to pursue attractive growth opportunities.