Smurfit Kappa Group PLC

Smurfit Kappa Group Plc engages in the manufacture, distribution, and sale of containerboard, corrugated containers, and other paper-based packaging products, such as solid board, graphic board, and bag-in-box. It operates through Europe and The Americas segments. The Europe segment produces different types of papers. The Americas segment includes Latin American Countries and the United States and also produces other types of paper. The company was founded in 1934 and is headquartered in Dublin, Ireland.

Smurfit Kappa (SMFKY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Smurfit Kappa (SMFKY) Upgraded to Strong Buy: Here's Why

Smurfit Kappa (SMFKY) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Recent Price Trend in Smurfit Kappa (SMFKY) is Your Friend, Here's Why

Garmin

Levi Strauss

SMFKY, LEVI and GRMN made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 6, 2024.

Best Income Stocks to Buy for May 6th

Smurfit Kappa Group Plc (OTCPK:SMFTF) Q1 2024 Earnings Conference Call May 2, 2024 3:00 AM ET Company Participants Ciaran Potts - Head of Investor Relations Tony Smurfit - Chief Executive Officer Ken Bowles - Chief Financial Officer Conference Call Participants Cole Hathorn - Jefferies Charlie Muir-Sands - BNP Paribas Justin Jordan - Davy Lars Kjellberg - Stifel Gaurav Jain - Barclays Andrew Jones - UBS Operator Hello and welcome to the Smurfit Kappa Group Q1 Trading Update Call. I will now hand you over to Ciaran Potts, Head of Investor Relations, to begin today's conference.

Smurfit Kappa Group Plc (SMFTF) Q1 2024 Earnings Call Transcript

Smurfit Kappa recorded its second-best results in its history, with a full-year EBITDA of €2.08 billion and a ROCE above target. Volumes returned to growth in Q4 2023, and containerboard producers are looking for price increases, which could positively impact Smurfit Kappa's 2025 EBITDA. The merger with WestRock presents significant value creation opportunities for shareholders, with the potential for a re-rating in trading multiples.

Smurfit Kappa: Pricing Inflection Point And U.S. Entry

Smurfit Kappa Group Plc (SMFTF) Full Year 2023 Earnings Call Transcript

Smurfit Kappa Group plc (LSE:SKG) shares rose almost 5% to 3,006p after final results from the paper-based packaging group were not as bad as feared, with the final dividend increased 10%. Revenue of €11.3 billion for the past calendar year was 12% lower than the year before, with underlying profit (EBITDA) also declining 12% to €2.08 billion, as margins were maintained.

Smurfit Kappa jumps despite sales and profit fall, but dividend hiked 10%

LONDON , Dec. 21, 2023 /PRNewswire/ -- PrimeStone Capital LLP, a meaningful shareholder in Smurfit Kappa Group plc, has sent a public letter to the Board of Directors of the Company regarding strategic alternatives to its potential acquisition of Westrock Company, including a potential combination with International Paper. You can find the letter here: https://primestonecapital.news/  For more information on PrimeStone Capital LLP: http://www.primestonecapital.com/  For media or investor enquiries, please contact skg@primestonecapital.com, +44 20 7072 3150 View original content:https://www.prnewswire.com/news-releases/primestone-capital--letter-to-the-board-of-directors-of-smurfit-kappa-group-plc-302020523.html SOURCE PrimeStone Capital LLP

PrimeStone Capital - Letter to the Board of Directors of Smurfit Kappa Group plc

WestRock

Smurfit Kappa Group is fundamentally sound with improving operating efficiencies and returns greater than its cost of funds. The proposed acquisition of WestRock Company would more than double the size of SKG and potentially provide a margin of safety if SKG can improve WestRock's operations. There is an investment opportunity for SKG. WestRock shareholders should consider accepting SKG's offer rather than selling for cash.

Smurfit Kappa: Leveraging Its Track Record To Create Value From The Proposed WestRock Acquisition

Smurfit Kappa (SMFKY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Smurfit Kappa (SMFKY) Upgraded to Buy: Here's What You Should Know

Smurfit Kappa Group Plc (SMFTF) Q3 2023 Trading Update Call Transcript

Packaging company WestRock's (WRK) shares soared by almost 7% in pre-market trading on Tuesday after a merger announcement with Dublin-based Smurfit Kappa to create the world's largest listed paper and packaging company by revenue.

WestRock Stock On a Tear After Smurfit Kappa Deal

WestRock Co.'s stock WRK, -1.48% was up 8.2% as a leading gainer in premarket trading Tuesday as the packaging company confirmed plans to merge with Smurfit Kappa Group SK3, -8.48% to form Smurfit WestRock. WestRock shareholders will receive $43.51 a share for each share through a combination of $5 per share in cash and one new share of Smurfit WestRock.

WestRock stock rallies on $11B merger deal with Smurfit Kappa

Shares in Smurfit Kappa Group plc (LSE:SKG) fell 9% after its board and that of WestRock Co (NYSE:WRK) confirmed the pair had agreed to merge and create a US$34 billion revenue packaging giant.  Analysts at Barclays said they had received "mixed feedback" after last week's news that merger discussions were at an advanced stage, with clients of the bank feeling angst about "a) deal premium, b) US expansion, c) size of deal, and d) synergies, etc".

Smurfit Kappa tumbles as WestRock deal confirmed

The companies will form Smurfit WestRock — set to be one of the largest packaging companies in the world.

Packaging giant Smurfit Kappa's shares fall 11% after WestRock merger announcement

WestRock Co (NYSE: WRK) opened 10% up this morning after Smurfit Kappa Group Plc (LON: SKG) confirmed that it was interested in a merger with the packaging company. Combined company will be worth about $20 billion The talks are ongoing but the two companies are yet to reach a definitive agreement.

WestRock and Smurfit in talks over a potential merger

The combined group would be listed in New York, and WestRock shareholders would primarily receive stock in the merged group, Smurfit said

WestRock, Smurfit Kappa Discuss Merging Into $20 Billion Paper Company

Smurfit Kappa Group plc (LSE:SKG) is in talks with Atlanta-based WestRock over a potential combination to create Smurfit WestRock, a global leader in sustainable packaging. The deal, if completed, would create one of the world's largest paper and packaging companies.

Smurfit Kappa in talks with WestRock to create packaging giant

WestRock, Smurfit Kappa are in talks to create a company with combined value of roughly $20 billion.

Paper Companies Near Big Merger Deal

International Paper

The Zacks Paper and Related Products industry's prospects look dull as low consumer spending is impacting demand. Despite this, stocks like IP, SMFKY, WRK and SPPJY are well-poised to gain from their growth initiatives.

4 Paper and Related Products Stocks Countering Industry Headwinds

Smurfit Kappa Group Plc (OTCPK:SMFTF) Q2 2023 Earnings Conference Call August 2, 2023 4:00 AM ET Company Participants Tony Smurfit - Chief Executive Officer Ken Bowles - Chief Financial Officer Laurent Sellier - Chief Executive Officer, Americas Conference Call Participants Charlie Muir-Sands - BNP Paribas Kevin Fogarty - Numis Justin Jordan - Davy Cole Hathorn - Jefferies Ephrem Ravi - Citigroup Lars Kjellberg - Credit Suisse David O'Brien - Goodbody Andrew Jones - UBS Operator Good day, and welcome to Smurfit Kappa Group 2023 Half Year Results Presentation Call. My name is [indiscernible].

Smurfit Kappa Group Plc (SMFTF) Q2 2023 Earnings Call Transcript

Mondi PLC

JP Morgan upgraded Mondi PLC (LSE:MNDI) and Smurfit Kappa Group plc (LSE:SKG) noting concerns on lower prices, destocking and the macro environment have seen share prices fall around 15% this year. The US investment bank thinks testliner prices are at/close to the bottom as costs are starting to support prices implying box prices will bottom in the second half of 2023.

JP Morgan upgrades Mondi and Smurfit Kappa, risks priced in

Smurfit Kappa reported a record Q1 driven by resilient box prices and easing input costs. The company's net debt/EBITDA ratio is at 1.2x, a 0.5x improvement from 2021. This might provide an upside in M&A optionality. Positive outlook for 2023 with a solid track record in shareholder remuneration.

Smurfit Kappa: Resilient Margin, A Strong Buy Now

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The Zacks Paper and Related Products industry's prospects look dull as low consumer spending is impacting demand. Despite this, stocks like SUZ, SMFKY, VRTV, SPPJY and RYAM are well-poised to gain from their growth initiatives.

5 Paper and Related Products Stocks to Escape Industry Weakness

The Zacks Paper and Related Products industry's prospects look dull as low consumer spending is impacting demand. Despite this, stocks like SUZ, SMFKY and VRTV have delivered upbeat results and are well-poised to gain from their growth initiatives.

News for Smurfit Kappa Group PLC Stock (SMFKY)