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DS Smith PLC (SMDS.L)

SMDS.L on London Stock Exchange

327.00GBp
17 May 2019
Change (% chg)

-4.40 (-1.33%)
Prev Close
331.40
Open
328.10
Day's High
329.20
Day's Low
320.70
Volume
7,726,286
Avg. Vol
5,513,814
52-wk High
542.45
52-wk Low
285.83

Latest Key Developments (Source: Significant Developments)

Europac Shares To Delist From Barcelona Stock Exchange Effective Feb. 20
Tuesday, 19 Feb 2019 10:32am EST 

Feb 19 (Reuters) - Europac ::SHARES TO BE EXCLUDED FROM TRADING ON BARCELONA STOCK EXCHANGE EFFECTIVE FEB. 20.  Full Article

DS Smith Names Rupert Soames As Non-Executive Director
Wednesday, 13 Feb 2019 02:00am EST 

Feb 13 (Reuters) - DS Smith PLC ::DIRECTORATE CHANGE.APPOINTMENT OF RUPERT SOAMES TO COMPANY'S BOARD AS A NON-EXECUTIVE DIRECTOR.  Full Article

DS Smith To Carry Out Squeeze-Out Of Europac Shares At 16.80 Euro/Shr
Tuesday, 22 Jan 2019 02:37am EST 

Jan 22 (Reuters) - DS Smith PLC :TO CARRY OUT SQUEEZE-OUT OF EUROPAC <<>> SHARES AT 16.80 EUROS PER SHARE.SAYS AFTER SQUEEZE-OUT IS COMPLETED SHARES OF EUROPAC <<>> WILL BE DELISTED.  Full Article

Europac Board Of Directors Positively Assesses Bid Price In DS Smith Takeover
Monday, 10 Dec 2018 11:29am EST 

Dec 10 (Reuters) - Europac ::BOARD OF DIRECTORS OF EUROPAC POSITIVELY ASSESSES OFFER PRICE FROM DS SMITH PLC <<>>.  Full Article

Spanish Regulator Approves DS Smith's Europac Acquisition
Monday, 26 Nov 2018 08:51am EST 

Nov 26 (Reuters) - DS Smith PLC ::DS SMITH PLC - BOARD OF SPANISH SECURITIES MARKET COMMISSION (CNMV) HAS TODAY AUTHORISED ITS PROPOSED ACQUISITION OF PAPELES Y CARTONES DE EUROPA, S.A.DS SMITH PLC - ANTICIPATES OFFER DOCUMENTATION BEING POSTED TO SHAREHOLDERS OF EUROPAC AS SOON AS PRACTICABLE.  Full Article

Europac: Takeover Bid Launched By DS Smith Has Been Authorised - Regulator
Monday, 26 Nov 2018 05:53am EST 

Nov 26 (Reuters) - Takeover Bid For Papeles Y Cartones De Europa ::LAUNCHED BY DS SMITH <<>> HAS BEEN AUTHORISED - REGULATOR.  Full Article

DS Smith Expects HY Return On Sales, Adj. Oper Profit To Be "Materially Ahead"
Tuesday, 6 Nov 2018 02:00am EST 

Nov 6 (Reuters) - DS Smith PLC ::SMITH (DS) PLC - PRE-CLOSE TRADING STATEMENT.DS SMITH PLC - BUSINESS CONTINUES TO PERFORM IN LINE WITH OUR EXPECTATIONS.DS SMITH PLC - BUSINESS TRENDS CONSISTENT WITH OUR TRADING UPDATE OF 4 SEPTEMBER 2018.DS SMITH PLC - EXPECT RETURN ON SALES AND ADJUSTED OPERATING PROFIT IN HALF-YEAR TO BE MATERIALLY AHEAD OF COMPARABLE PERIOD.DS SMITH PLC - ANTICIPATE CASH FLOW FROM OPERATIONS TO BE SIGNIFICANTLY AHEAD OF PRIOR PERIOD.DS SMITH PLC - STRATEGIC REVIEW OF OUR PLASTICS DIVISION IS PROGRESSING WELL.DS SMITH PLC - REGULATORY PROCESS FOR PROPOSED ACQUISITION OF EUROPAC CONTINUES TO BE IN LINE WITH OUR EXPECTATIONS.DS SMITH PLC - EXPECT GOOD ONGOING VOLUME AND MARKET SHARE GROWTH.DS SMITH PLC - GOOD VOLUME GROWTH FROM OUR HIGHLY RESILIENT FMCG FOCUSSED BUSINESS IN HY.  Full Article

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

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Packager DS Smith to exit plastics business, focus on fiber products

DS Smith Plc has agreed to sell its plastics division to private equity firm Olympus Partners as the packaging company looks to focus on fiber and corrugated products, it said on Wednesday, sending its shares up as much as 6.3 percent.