|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||28.08 - 28.65|
|52 Week Range||27.05 - 58.59|
|Beta (5Y Monthly)||0.93|
|PE Ratio (TTM)||7.89|
|Forward Dividend & Yield||1.34 (4.59%)|
|Ex-Dividend Date||Sep 29, 2022|
|1y Target Est||43.93|
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The Zacks Paper and Related Products industry continues to gain from its rising e-commerce sales and strong demand for critical and consumer-oriented products. Players like IP, SUZ, SMFKY, VRTV and MERC are well-positioned to capitalize on this trend.
DUBLIN, September 19, 2022-- Smurfit Kappa acquires packaging plant in Rio de Janeiro
DUBLIN (Reuters) -Packaging giant Smurfit Kappa posted a 50% jump in first-half core profit on Wednesday, sending shares in Europe's largest paper packaging producer sharply higher. Revenue growth of 33% pushed its core earnings up to a fresh record 1.2 billion euros ($1.22 billion), prompting Smurfit to increase its interim dividend by 8% to 31.6 euro cents per share. However CEO Tony Smurfit warned that demand, after booming as the pandemic bolstered demand for e-commerce and shelf packaging rose as economies reopened, is slowing in some parts of Europe as inflation makes consumers more cautious.