A difficult paper market diluted DS Smith's half year performance, but despite this it posted strong double digit sales and profit growth in its half year results, buoyed by its acquisition of SCA Packaging in June.
DS Smith’s €1.7bn (£1.4bn) takeover of SCA Packaging is a game changer both for the company and the European packaging sector, said an industry analyst as the fallout from this week’s deal continues to be scrutinised.
DS Smith, the international packaging manufacturer and office
products wholesaler, has released an update prior to its year end
on 30 April 2003 results to say that it is expecting a
substantially better performance than was first...