Archive of all Smiths (DS) articles
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City snapshot: DS Smith profits slip on cheaper packaging
In April, DS Smith agreed terms on a £5.8bn all-share takeover from US rival International Paper. Also, new data shows cash use has risen for the second year in a row.
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DS Smith agrees £5.8bn US takeover from International Paper
DS Smith has agreed terms on a £5.8bn all-share takeover from US rival International Paper, which has seemingly won the bidding war with British rival Mondi
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City snapshot: DS Smith confirms new talks over £5.7bn counter offer with New York rival
A multibillion-pound bidding war is underway for cardboard packaging manufacturing DS Smith as the London-listed firm confirmed it had received a counter proposal from a US rival. Plus, the Artisanal Spirits Company publishes full-year results for 2023
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City snapshot: DS Smith CEO to retire as box volumes fall amid ‘weak’ demand
Long-serving DS Smith CEO Miles Roberts is to stand down from his role as the box maker reported a drop in revenues and profits amid weak demand
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City snapshot: Packaging giant DS Smith reports soaring profits despite volume declines
FTSE 100 packaging giant DS Smith has reported a double-digit hike in profits despite falling volumes in key markets as e-commerce growth tailed off last year
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City snapshot: Soaring prices grow sales and profits at packaging giant DS Smith
FTSE 100 packaging giant DS Smith brushed off a fall in in volumes and a near £800m hike in costs to strong grow sales and profits amid a significant jump in prices
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City snapshot: Packaging demand boosts sales and profits at DS Smith
FTSE 100 packaging player DS Smith grew revenues and profits at a double-digit rate in the first half of its financial year driven by strong demand from the ’resilient’ fmcg sector.
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City snapshot: DS Smith sells €50m Dutch paper mill amid focus on fmcg packaging
DS Smith has announced it has agreed to sell its De Hoop paper mill in the Netherlands to De Jong Packaging for a cash sum of €50m (£43m) as it continues to shift focus to fibre-based fmcg packaging.
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Rogier Gerritsen to take over as DS Smith recycling MD
Gerritsen’s current position is cluster director for DS Smith’s paper division
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City snapshot: DS Smith delivers ‘robust’ Christmas performance
FTSE 100 packaging giant DS Smith said it had delivered robust performance since 1 November despite macro-economic uncertainty. Plus, Devro falls to loss amid factory writedowns and all the latest news from the City.
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City snapshot: DS Smith reports sales and profits jump despite ‘difficult’ conditions
FTSE 100 packaging firm DS Smith grew revenues by 4% in the first half of the financial year, reporting a “record” performance despite economic headwinds
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Market share gains drive first half growth at packaging giant DS Smith
FTSE 100 packaging firm DS Smith has grown organic revenues by 3.2% in the first half due to volume growth and market share gains and announced plans to sell its plastics division.
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Wholesaler Connect Group reports 1.3% drop in revenue
The group’s income for the 45 weeks to 15 July was £1.49bn compared with £1.51bn in 2016
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City snapshot: Packaging firm DS Smith on target to hit full-year expectations
Packing firm DS Smith is on target to hit full-year expectations after “good” volume growth in its financial year to 30 April. Nivea owner Beiersdorf has has started the 2017 fiscal year with “strong growth momentum”, plus all the rest of the latest news from the City