Smurfit Kappa Forney Converting (2024)

FAQs

What benefits do Smurfit Kappa employees get? ›

25 days paid leave per annum and generous company pension contribution. The management care about the employees wellbeing and offer ad-hoc benefits.

Smurfit Kappa Group Market Cap

Smurfit Kappa Group has a market cap or net worth of 10.86 billion as of July 1, 2024, making it the 5th biggest public company that is listed in Ireland.

Anthony Paul James Smurfit (born 1963) is a British-Irish businessman. He serves as the CEO of FTSE 100 packaging company Smurfit Kappa Group, which is named after his grandfather, John Jefferson Smurfit.

The companies officially struck a deal Sept. 12 in which Smurfit Kappa is to purchase WestRock for $11.2 billion to create what is expected to be the largest paper company in the world—Smurfit WestRock—with a combined adjusted annual revenue of approximately $34 billion.

Does Smurfit Kappa Group stock pay dividends? Yes, the Smurfit Kappa Group (SKG) stock pays dividends to shareholders. As of June 18, 2024, the dividend rate is £1.28299 and the yield is 3.6%. Smurfit Kappa Group has a payout ratio of 48.42% on a trailing twelve-month basis.

About us. Smurfit Kappa, a FTSE 100 company, is one of the leading providers of paper-based packaging solutions in the world, with approximately 47,000 employees in over 350 production sites across 36 countries and with revenue of €12.8 billion in 2022.

What Is Smurfit Kappa Group's Net Debt? The chart below, which you can click on for greater detail, shows that Smurfit Kappa Group had €3.44b in debt in June 2023; about the same as the year before. However, because it has a cash reserve of €615.0m, its net debt is less, at about €2.82b.

Smurfit Kappa annual revenue for 2023 was $12.2B, a 9.64% decline from 2022. Smurfit Kappa annual revenue for 2022 was $13.502B, a 12.91% increase from 2021. Smurfit Kappa annual revenue for 2021 was $11.958B, a 22.72% increase from 2020.

Smurfit, who has six children and 13 grandchildren - the family's wealth is an estimated €422m - says it is family that towers over his many domestic and international accolades, including a Knighthood (KBE) for services to British business in 2005.

What does Sharon Smurfit do? ›

⛳️Golf Consultant & Promoter.

Ken Bowles - Chief Financial Officer

He joined the Group in 1994 and has occupied a number of finance roles in various parts of the Group.

Total board and packaging paper capacity for WestRock is about 14 million tons. Smurfit Kappa's global capacity is 9.1 million tons. This article was taken from PPI Pulp & Paper Week, our newsletter for pulp, paper and packaging market news and prices for North America.

Advisors to Smurfit Kappa

Matheson LLP, Wachtell, Lipton, Rosen & Katz and Freshfields Bruckhaus Deringer LLP are acting as legal counsel.

It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.