LONDON (ShareCast) - Recently appointed Non-Executive Director of DS Smith, Ian Griffiths, on Monday purchased 15,000 shares, marking his first stake in the consumer goods packaging firm.

The shares were bought for 266.60p apiece for a total spend of £39,990.

The deal comes a few weeks after FTSE 250 DS Smith revealed its full-year profit had more than doubled, despite challenging economic conditions across Europe.

Pre-tax profit surged to £167m in the 12 months to April 30th from £82m a year earlier, as revenue increased 10% to £4.03m. Earnings per share climbed 25% to 21.4p.

Organic corrugated packaging volumes grew 2.2%, ahead of the corrugated packaging market. It said volume growth has been particularly strong in its Central Europe and Italy region after new customer wins and expanding services to existing customers.


Top Director Buys

InternetQ (INTQ)
Director name: Mr Timothy Grainger
Amount purchased: 18,835 @ 265.15p
Value: £49,941

Howden Joinery Group (HWDN)
Director name: Mr Mark Robson
Amount purchased: 15,577 @ 307.60p
Value: £47,915

Howden Joinery Group (HWDN)
Director name: Mr Mark Robson
Amount purchased: 15,577 @ 307.60p
Value: £47,915

Smith (DS) (SMDS)
Director name: Mr Ian Griffiths
Amount purchased: 15,000 @ 266.60p
Value: £39,990

Howden Joinery Group (HWDN)
Director name: Mr Mark Robson
Amount purchased: 12,627 @ 307.50p
Value: £38,828


Top Director Sells

Premier Energy & Water Trust (PEW)
Director name: Mr Michael D. Wigley
Amount sold: 47,095 @ 185.00p
Value: £87,126

NR

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