Smurfit Kappa Group (CDI) (SKG)

Sector:

Manufacturing

Index:

FTSE 100

3,766.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 3,818.00
  • 52 Week Low: 2,554.00
  • Currency: UK Pounds
  • Shares Issued: 261.09m
  • Volume: 267,257
  • Market Cap: £9,833m
  • RiskGrade: 138

Smurfit Kappa makes further investment in French kraftliner mill

By Iain Gilbert

Date: Wednesday 18 Apr 2018

LONDON (ShareCast) - (ShareCast News) - Packaging business Smurfit Kappa has invested further into its Facture paper mill in France in order to meet increased demand for its kraftliner products, made of 100% unbleached softwood fibres and high quality recycled fibres.
Upgrades to the mill, located to the south-west of France, was successfully completed last month following a three-week shutdown which included the implementation of a new pulp-washing line and a complete overhaul of its black liquor recovery boiler.

Smurfitt's plans for Facture will see a series of improvements to one paper machine in 2019 designed to increase production capacity of white-top kraftliner from 174,000 tonnes to 220,000 tonnes each year.

Discussing the upgrade project, Laurent Sellier, chief operating officer of the European paper and board division, said Facture's upgrade programme will increase both the output and quality of the kraftliner produced.

"This mill has an ideal location for meeting the demands of customers in Southern Europe so we are committed to implementing ongoing innovations and improvements," he said.

As of 0820 BST, shares had dialled back 0.1% to 3,073.32p.

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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.

 

SKG Market Data

Currency UK Pounds
Share Price 3,766.00p
Change Today 2.00p
% Change 0.05 %
52 Week High 3,818.00
52 Week Low 2,554.00
Volume 267,257
Shares Issued 261.09m
Market Cap £9,833m
RiskGrade 138

SKG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.03% below the market average62.03% below the market average62.03% below the market average62.03% below the market average62.03% below the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
46.97% above the market average46.97% above the market average46.97% above the market average46.97% above the market average46.97% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Income
68.38% above the market average68.38% above the market average68.38% above the market average68.38% above the market average68.38% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
2.92% above the market average2.92% above the market average2.92% above the market average2.92% above the market average2.92% above the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average

What The Brokers Say

Strong Buy 4
Buy 5
Neutral 0
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.

SKG Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 28-Sep-23
Paid 10-May-24 27-Oct-23
Amount 118.40¢ 33.50¢

Trades for 09-May-2024

Time Volume / Share Price
16:35 54,973 @ 3,766.00p
16:35 195 @ 3,766.00p
16:35 12 @ 3,766.00p
16:35 1,664 @ 3,766.00p
16:35 703 @ 3,766.00p

SKG Key Personnel

CEO Tony Smurfit

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