|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||29.69 - 30.34|
|52 Week Range||24.10 - 43.50|
|Beta (3Y Monthly)||0.78|
|PE Ratio (TTM)||11.35|
|Forward Dividend & Yield||1.62 (5.11%)|
|1y Target Est||N/A|
Plastic is well and truly in the spotlight and many businesses are working to reduce the amount they use, which is presenting great opportunities for other materials and companies like paper-based packaging manufacturer, Smurfit Kappa.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Smurfit Kappa Group plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
The FTSE index was up 0.4 percent and the midcaps were 0.7 percent higher by 0950 GMT. Housebuilders Persimmon, Barratt and Taylor Wimpey - among those most vulnerable to a no-deal Brexit - were among the biggest gainers after midcap Galliford Try reported higher first-half profit that topped Liberum estimates.
DUBLIN (Reuters) - British Prime Minister Theresa May appears determined to try and avoid a no deal Brexit if she can, the chief executive of Irish packaging group Smurfit Kappa said following a call May ...
LONDON (Reuters) - UK shares rose to a three-week high on Wednesday as upbeat results from Standard Chartered (STAN.L) provided some respite from a grim October that put the market on track for its worst ...
U.S. consumer goods maker Colgate-Palmolive Co (CL.N) has halted production at its detergent and dish soap plant in Venezuela because it lacked cardboard boxes to ship products, a union leader said on Thursday. The plant in the city of Valencia stopped operations on Monday, union representative Carlos Rodriguez said in a telephone interview. Its cardboard provider, Ireland's Smurfit Kappa (SKG.I), halted production in Venezuela last month after government authorities took over its local unit.
Though no damage has been reported, disrupted operations due to Hurricane Florence, increased input, operational and supply chain costs will impair WestRock's (WRK) near-term results.
The Zacks Analyst Blog Highlights: Ingersoll-Rand, Endo International, Glanbia and Smurfit Kappa Group
Ireland's growth in the past few years not only shows its resilience to the economic downturn in the EU but also makes it one of the most business-friendly destinations of the region.
CARACAS/VALENCIA, Venezuela (Reuters) - Unilever's factory in the outskirts of the northern Venezuelan city of Valencia once bustled with activity as it produced everything from soap to toothpaste for one of South America's wealthiest economies. Now, with Venezuela struggling with a fifth year of recession and its economy wracked by hyperinflation, there are few signs of activity. The Anglo-Dutch conglomerate has quietly scaled back its output in the crisis-stricken oil-producing nation to a single product - Tio Rico ice cream - produced in Valencia and at another plant in Barquisimeto, some 90 miles (145 km) to the west.
Packaging company Smurfit Kappa Plc (SKG.I) on Wednesday confirmed the temporary seizure of its Venezuelan plant by the government and the detention of two employees and said it would work to protect the interests of its stakeholders. Venezuela's state price control agency Sundde on Aug. 21 announced that the government had seized the plant and two days later said two managers at the plant had been arrested. Smurfit, which has operated in Venezuela since 1986, last week refuted all allegations which it described as without merit, but it did not immediately confirm the seizure or the arrests.