Smurfit Kappa announce a final dividend increased by 12% to 107.6 cent per share

DividendMax Ltd.

Smurfit Kappa announce a final dividend increased by 12% to 107.6 cent per share

The Smurfit Kappa Group Board is recommending a 12% increase in the final dividend to 107.6 cent per share. It is proposed to pay this dividend on 12 May 2023 to all ordinary shareholders on the share register at the close of business on 14 April 2023, subject to the approval of the shareholders at the AGM.

Other financial highlights include:

  • Revenue growth of 27% to €12,815 million
  • EBITDA growth of 38% to €2,355 million with an EBITDA margin of 18.4%
  • Return on capital employed of 21.8%
  • Net Debt to EBITDA ratio below 1.3x
  • Pre-exceptional EPS growth of 62%

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