The Smurfit Kappa Board has decided to pay an interim dividend of 29.3 cent per share (approximately €76 million). It is proposed to pay this dividend on 22 October 2021 to all ordinary shareholders on the share register at the close of business on 24 September 2021.
Other financial highlights include:
- Revenue growth of 11%
- EBITDA of €781 million with an EBITDA margin of 16.7%
- Corrugated growth of over 10% and over 9% versus 2020 and 2019 respectively
- Accelerating investment plans to meet customer needs and capitalise on growth
- Agreement to acquire 600,000 tonne recycled containerboard mill
- Strong and progressive corrugated price recovery offsetting significant input cost increases