February 7, 2018 / 9:46 AM / 6 months ago

BRIEF-Smurfit Kappa Says Plans To Deliver Medium-Term ROCE Target Of 17 Pct

Feb 7 (Reuters) - Smurfit Kappa Group Plc:

* REG-SMURFIT KAPPA GROUP PLC STATEMENT RE MEDIUM-TERM OUTLOOK

* ‍OBJECTIVE TO INVEST EUR 1.6 BILLION ABOVE MAINTENANCE CAPITAL EXPENDITURE BETWEEN 2018 AND 2021​

* ‍PLANS TO DELIVER A MEDIUM-TERM ROCE TARGET OF 17%​

* ‍REVISED MEDIUM-TERM TARGET LEVERAGE RANGE OF 1.75X TO 2.5X NET DEBT TO EBITDA​ Source text for Eikon: Further company coverage:

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