Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  DS Smith    SMDS   GB0008220112

DS SMITH (SMDS)
Mes dernières consult.
Most popular
  Report  
Real-time Quote. Real-time Cboe Europe - 02/23 05:10:39 pm
480.25 GBp   -2.11%
02:33p'Sooner, faster, now' - the companies surfing the e-commerce wave
RE
2017British bookmaker William Hill names Roger Devlin as next chairma..
RE
2017DS SMITH : Profits are hit
AQ
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

DS Smith : first-half profit slips on higher costs

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/07/2017 | 09:27am CET

(Reuters) - British packaging company DS Smith Plc said first-half pre-tax profit slipped as gains from acquisitions and strong revenues from European and e-commerce customers were more than offset by higher input costs.

Shares of the company rose 2.8 percent to 554 pence on the London Stock Exchange.

DS Smith, a maker of corrugated cardboard, recycled paper and plastic packaging, said profit before tax fell to 144 million pounds for the six months ended Oct. 31, from 146 million pounds a year earlier.

A rise in fibre costs and paper pricing weighed on earnings, the company said.

However, DS Smith, which is set to join the FTSE 100 this month, expressed confidence in its outlook, saying despite input cost pressures, the company continued to recover those costs as planned.

DS Smith, founded in 1940 as a box-making business in London, serves European fast-moving consumer goods (FMCG) operators and competes with Smurfit Kappa, Mondi and RPC Group.

An increase in input costs due to a surge in paper and pulp prices have hurt the packaging sector, with South Africa-based Mondi, issuing a profit warning in October.

DS Smith raised its dividend by 7 percent in first half, compared with a 15 percent dividend growth in the same period last year.

The company, which entered the U.S. market in June with an 80 percent stake buy in Interstate Resources for $920 million, said revenue surged 18.6 percent to 2.80 billion pounds in the first half.

DS Smith's 17 of top 20 pan-European customers have significant U.S. operations and the company has been positioning itself to benefit from the weak British pound since the UK's vote to leave the European Union in June 2016.

(Reporting By Justin George Varghese in Bengaluru; Editing by Sunil Nair and Amrutha Gayathri)

Valeurs citées dans l'article
ChangeLast1st jan.
FTSE 100 INDEX 0.28% 7234.11 End-of-day quote.-5.90%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DS SMITH
02:33p'Sooner, faster, now' - the companies surfing the e-commerce wave
RE
01/20DS SMITH : invests in second HP T1100S digital printing press
AQ
2017DS SMITH : Opens New Packright Centre in HVelhof, Germany
AQ
2017British bookmaker William Hill names Roger Devlin as next chairman
RE
2017DS SMITH : CRICKET-REGIONAL-SCOREBOARD Volcanoes vs Scorpions - 3rd day, 7th rou..
AQ
2017DS SMITH : Packaging business to trial coffee cup recycling
AQ
2017DS SMITH : Profits are hit
AQ
2017DS SMITH : Small fall in profits for DS Smith
AQ
2017DS SMITH : FTSE 100 newbie DS Smith dips in spite of sales lift
AQ
2017DS SMITH : first-half profit slips on higher costs
RE
More news
News from SeekingAlpha
02/19SUSTAINABLE PACKAGING : The Next Recycling Trend And How To Profit From It 
2017DS Smith plc. 2018 Q2 - Results - Earnings Call Slides 
2017Sector M&A leads to Vertical upgrade on KapStone 
2016Investing With British ETFs 
Financials ( GBP)
Sales 2018 5 700 M
EBIT 2018 502 M
Net income 2018 271 M
Debt 2018 1 439 M
Yield 2018 3,29%
P/E ratio 2018 20,37
P/E ratio 2019 15,91
EV / Sales 2018 1,18x
EV / Sales 2019 1,06x
Capitalization 5 282 M
Chart DS SMITH
Duration : Period :
DS Smith Technical Analysis Chart | SMDS | GB0008220112 | 4-Traders
Technical analysis trends DS SMITH
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 5,52  GBP
Spread / Average Target 12%
EPS Revisions
Managers
NameTitle
Miles William Roberts Group Chief Executive Officer & Executive Director
Gareth Davis Chairman
Adrian R. T. Marsh Director & Group Finance Director
Jonathan C. Nicholls Senior Independent Non-Executive Director
Kathleen Anne O'Donovan Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
DS SMITH-5.20%7 365
INTERNATIONAL PAPER COMPANY0.79%24 114
WESTROCK3.04%16 616
MONDI-1.99%12 984
MONDI LIMITED-4.43%12 984
PCA - PACKAGING CORPORATION OF AMERICA-1.10%11 249