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DS Smith PLC (SMDS.L)

SMDS.L on London Stock Exchange

512.00GBp
13 Dec 2017
Change (% chg)

-11.50 (-2.20%)
Prev Close
523.50
Open
523.50
Day's High
524.00
Day's Low
512.00
Volume
1,041,457
Avg. Vol
3,553,727
52-wk High
565.00
52-wk Low
399.80

Latest Key Developments (Source: Significant Developments)

DS Smith posts HY Pre-tax Profit 144 Mln Stg
Thursday, 7 Dec 2017 02:00am EST 

Dec 7 (Reuters) - DS SMITH PLC ::INTERIM DIVIDEND 4.9 PENCEPER SHARE.HY ‍REVENUE 2,800 MILLION STG, UP 19%​.‍HY PROFIT BEFORE TAX 144 MILLION STG, DOWN 1%​.‍INTERIM DIVIDEND PER SHARE 4.9P​, INCREASE OF 7%.‍BOARD REMAINS CONFIDENT ABOUT OUTLOOK FOR DS SMIT​.‍NET DEBT AT 31 OCTOBER 2017 WAS £1,406 MILLION​.  Full Article

DS Smith HY trading in line with expectations
Tuesday, 31 Oct 2017 03:00am EDT 

Oct 31 (Reuters) - DS Smith Plc ::PRE-CLOSE TRADING UPDATE IN RESPECT OF HALF YEAR ENDING 31 OCTOBER 2017​.DS SMITH-HY ‍VOLUME GROWTH HAS BEEN CONSISTENTLY VERY STRONG THROUGHOUT PERIOD, AND ACROSS ALL OUR REGIONS, DRIVEN BY OUR PAN-EUROPEAN AND E-COMMERCE CUSTOMERS​." ‍WE ARE CONTINUING TO RECOVER INCREASE IN PAPER PRICES WITH OUR PACKAGING CUSTOMERS"​.‍TRADING IS IN LINE WITH OUR EXPECTATIONS IN HALF YEAR WITH RETURN ON SALES FOR PERIOD BROADLY CONSISTENT WITH THAT REPORTED FOR FULL YEAR TO 30 APRIL 2017​.  Full Article

DS Smith to acquire EcoPack and EcoPaper
Wednesday, 18 Oct 2017 03:49am EDT 

Oct 18 (Reuters) - DS Smith Plc :‍ENTERED INTO AN AGREEMENT TO ACQUIRE ECOPACK AND ECOPAPER, FOR AN ENTERPRISE VALUE OF CIRCA EUR 208 MILLION​.‍ACQUISITION IS EXPECTED TO BE EARNINGS ENHANCING IMMEDIATELY​.‍CONSIDERATION AND DEBT REPAYMENT TO BE SATISFIED FROM EXISTING FACILITIES, AND FROM EUR 35 MILLION OF DS SMITH SHARES TO BE ISSUED TO VENDOR​.DEAL ‍COMPLETION IS EXPECTED WITHIN THIRD FISCAL QUARTER, FOLLOWING ROMANIAN COMPETITION AUTHORITY APPROVAL​.  Full Article

DS Smith says rate of like for like volume growth well ahead of last year
Tuesday, 5 Sep 2017 02:00am EDT 

Sept 5 (Reuters) - DS Smith Plc :AGM TRADING STATEMENT.HAS BEEN AN ENCOURAGING START TO YEAR WITH TRADING IN LINE WITH OUR EXPECTATIONS.RATE OF LIKE FOR LIKE VOLUME GROWTH BEING WELL AHEAD OF COMPARATIVE PERIOD LAST YEAR.  Full Article

DS Smith gets shareholder approval for $920 mln Interstate Resources buy
Tuesday, 25 Jul 2017 09:40am EDT 

July 25 (Reuters) - Ds Smith Plc :RESULTS OF GENERAL MEETING AND U.S. ANTITRUST CLEARANCE.RESOLUTION FOR INDEVCO DEAL PASSED BY SHAREHOLDERS.  Full Article

DS Smith raises about 285 mln stg via placing
Thursday, 29 Jun 2017 09:05am EDT 

June 29 (Reuters) - DS Smith Plc :62.6 million shares placed by Citigroup Global Markets raising total proceeds of c.285 mln stg, representing c.6.6 percent of co.Placing price represents a premium of 2.5 per cent. To closing price on 28 June 2017.  Full Article

DS Smith reports FY revenue growth of 6 percent
Thursday, 29 Jun 2017 02:47am EDT 

June 29 (Reuters) - DS Smith Plc ::Final dividend 10.6 penceper share.Total dividend 15.2 penceper share.Acquisition of Interstate Resources Inc., a U.S. paper and packaging business, and associated placing.Fy revenue growth of 6 per cent.Impact of fx translation boosted reported revenue by 432 million stg or 11 per cent over year as a whole, reflecting material devaluation of sterling following EU referendum.Adjusted operating profit increased by 5 per cent on a constant currency basis to 443 million stg.For year 2016/17, board recommends a final dividend of 10.6 pence.DS smith-final dividend of 10.6 pence, which together with interim dividend of 4.6 pence gives total dividend for year of 15.2 pence per share.  Full Article

DS Smith announces intention to raise about 285 mln stg
Thursday, 29 Jun 2017 02:00am EDT 

June 29 (Reuters) - DS Smith Plc ::Announces its intention to raise approximately £285 through an underwritten placing of new ordinary shares of 10 pence each.Gross proceeds of proposed placing represent approximately 7 per cent. Of company's current market capitalisation based on closing share price on 28 june 2017.Net proceeds of placing are to be used to fund part of cash portion of consideration for proposed acquisition by ds smith.  Full Article

DS Smith Plc to buy Interstate Resources for $920 mln
Thursday, 29 Jun 2017 02:00am EDT 

June 29 (Reuters) - DS Smith Plc ::Unit to buy 80 per cent of total issued share capital of Indevco Management Resources.Deal for for consideration of US$920 million (approximately £722 million).Ds smith - buyer to assume 100 per cent of IRI group's financial indebtedness at completion, expected to be about us$226 million (about £177 million).  Full Article

DS Smith says business performing in line with expectations
Thursday, 27 Apr 2017 02:00am EDT 

April 27 (Reuters) - DS Smith :Issues pre-close trading update in respect of year ending 30 april 2017.Says business continues to perform in line with expectations.Volume growth has been good on strength of relationships with pan-european, e-commerce customers; expects to deliver on all five medium-term financial targets.  Full Article

DS Smith first-half profit slips on higher costs

British packaging company DS Smith Plc said first-half pre-tax profit slipped as gains from acquisitions and strong revenues from European and e-commerce customers were more than offset by higher input costs.