Smith (DS) (SMDS)

Sector:

Manufacturing

Index:

FTSE 100

370.00p
   
  • Change Today:
      3.20p
  • 52 Week High: 413.00p
  • 52 Week Low: 263.70p
  • Currency: UK Pounds
  • Shares Issued: 1,379.34m
  • Volume: 4,142,104
  • Market Cap: £5,104m
  • RiskGrade: 168

DS Smith workers back industrial action over pay

By Michele Maatouk

Date: Monday 07 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Nearly 1,000 workers at corrugated packaging group DS Smith have voted for strike action in a row over pay, according to the GMB union.
DS Smith makes packaging for Amazon, Chivas, Princes, Seabrooks crisps, Brewdog, PepsiCo and KP snacks.

GMB said 93% of workers at the company voted in favour of industrial action. Sites in Louth, Lincolnshire, Featherstone, in Yorkshire, Clay Cross, in Derbyshire, Devizes, in Wiltshire and Livingston, in Scotland could take part in the strike, as early as the end of the month.

DS Smith has offered a 3% consolidated increase plus a non-consolidated payment of £760 for 2022-23 which, with inflation at 12.3%, represents a massive real terms pay cut for members, the union said.

GMB National Officer Eamon O'Hearn said: "DS Smith members worked through the pandemic, helping keep the company afloat through troubled times.

"It turns out that the company was hugely profitable during the pandemic, now they need to company to step up and help them through the cost-of-living crisis.

"A strike at DS Smith could have serious implications across a range of household names -not least Amazon which gets packaging from the company.

"DS Smith can afford to do better - they need to table a serious offer that respects the contribution of our members, to nip this industrial action in the bud."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Smith (DS) Market Data

Currency UK Pounds
Share Price 370.00p
Change Today 3.20p
% Change 0.87 %
52 Week High 413.00p
52 Week Low 263.70p
Volume 4,142,104
Shares Issued 1,379.34m
Market Cap £5,104m
RiskGrade 168

Smith (DS) Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
11.29% below the market average11.29% below the market average11.29% below the market average11.29% below the market average11.29% below the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Price Trend
74.68% above the market average74.68% above the market average74.68% above the market average74.68% above the market average74.68% above the market average
57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average
Income
65.70% above the market average65.70% above the market average65.70% above the market average65.70% above the market average65.70% above the market average
27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average
Growth
61.20% above the market average61.20% above the market average61.20% above the market average61.20% above the market average61.20% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 5
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Smith (DS) Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Dec-23 07-Sep-23
Paid 31-Jan-24 03-Oct-23
Amount 6.00p 12.00p

Trades for 14-May-2024

Time Volume / Share Price
16:50 5,162 @ 370.00p
16:14 2 @ 371.40p
16:14 2 @ 371.40p
16:14 2 @ 371.40p
16:13 3 @ 371.40p

Smith (DS) Key Personnel

CEO Miles Roberts

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