Smurfit WestRock PLC (OTCPK:SMFKY)
$ 45.96 0 (0%) Market Cap: 23.87 Bil Enterprise Value: 26.97 Bil PE Ratio: 22.38 PB Ratio: 4.84 GF Score: 70/100
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Q3 2020 Smurfit Kappa Group PLC Trading Statement Call Transcript

Nov 04, 2020 / 09:00AM GMT
Release Date Price: $41.43 (+3.24%)
Operator

Hello, and welcome to the Smurfit Kappa Trading Update Call. (Operator Instructions) And just to remind you, this conference call is being recorded.

Today, I'm pleased to present Tony Smurfit. Please go ahead with your meeting.

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 today 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.

We're very pleased to deliver a strong performance for the 9-month period at the 30th of September with an EBITDA of EUR 1.125 million (sic) [EUR 1,125 million] and an EBITDA margin of 17.8%. Our third quarter EBITDA of EUR 390 million is ahead of our expectations and shows the continued strength and resilience of the group in these challenging times. While you'll often hear me say that success is never a straight line, the objective we

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