Smurfit Kappa PLC announces an interim dividend increased by 5% to 29.3 cent per share

DividendMax Ltd.

Smurfit Kappa PLC announces an interim dividend increased by 5% to 29.3 cent per share

The Smurfit Kappa Board has decided to pay an interim dividend of 29.3 cent per share (approximately €76 million). It is proposed to pay this dividend on 22 October 2021 to all ordinary shareholders on the share register at the close of business on 24 September 2021.

Other financial highlights include:

  • Revenue growth of 11%
  • EBITDA of €781 million with an EBITDA margin of 16.7%
  • Corrugated growth of over 10% and over 9% versus 2020 and 2019 respectively
  • Accelerating investment plans to meet customer needs and capitalise on growth
  • Agreement to acquire 600,000 tonne recycled containerboard mill
  • Strong and progressive corrugated price recovery offsetting significant input cost increases

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