The Smurfit Kappa Group Board is recommending a 10% increase in the final dividend to 96.1 cent per share. It is proposed to pay this dividend on 6 May 2022 to all ordinary shareholders on the share register at the close of business on 8 April 2022, subject to the approval of the shareholders at the AGM.
Other financial highlights include:
- Revenue growth of 18%
- EBITDA growth of 13% to €1,702 million with an EBITDA margin of 16.8%
- Corrugated growth of 8%
- ROCE of 16%
- Acquisition in Italy ensuring continued security of supply for their customers
- Ongoing investment programme meeting customers’ needs for innovative and sustainable packaging
- Science Based Targets initiative (‘SBTi’) approval in line with the Paris Agreemen
