Smurfit Kappa benefits from low recovered fibre prices

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Smufit Kappa Group
Smufit Kappa Group
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Packaging company Smurfit Kappa Group (SKG) has released its half yearly accounts which show that its total revenue was helped by lower recovered fibre prices.  

The Group reported pre-tax earnings of €724 million (£645m), a 27% increase on the same period last year. In particular, the company benefitted from lower recovered fibre prices of €73 million (£65m) in the first half of 2018. This followed near record highs in 2017. 

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In the first half . . .

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