Smurfit Kappa Group PLC (DUB:SK3)
€ 41.44 0 (0%) Market Cap: 10.82 Bil Enterprise Value: 13.67 Bil PE Ratio: 22.30 PB Ratio: 4.82 GF Score: 70/100

Q3 2019 Smurfit Kappa Group PLC Trading Statement Call Transcript

Oct 30, 2019 / 08:00AM GMT
Release Date Price: €30.08 (+1.97%)
Operator

Hello, and welcome to the Smurfit Kappa Group's 2019 First 9 Months Trading Update. (Operator Instructions). And just to remind you, this conference call is being recorded.

Today, I am pleased to present Tony Smurfit. Please go ahead.

Anthony Paul J. Smurfit
Smurfit Kappa Group plc - Group CEO & Director

Thank you, operator, and good morning, and thank you all for taking the time to join us today. I am joined on the call by our group CFO, Ken Bowles. And before commencing, we would refer you to the note on forward-looking statements set out in our trading update, which also applies to our discussion today.

Looking at the first 9 months, our team has again delivered a strong performance, with EBITDA up 11% year-on-year to EUR 1.257 million with our key metrics at or ahead of our stated targets. This good performance has been driven by demand growth, continued focus on box pricing and cost efficiencies, the medium-term plan and our geographic diversity. This result once again demonstrates the strength of the group.

In Europe, SKG

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