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DITHF / DS Smith hikes dividend 24% as cardboard packaging demand surges

DS Smith hikes dividend 24% as cardboard packaging demand surges
DS Smith PLC (LSE:SMDS) packed in a 24% increase in its dividend for the past year as earnings came in much higher than expected, as strong demand allows it to hike prices to more than offset substantial cost inflation. The cardboard box maker reported £7.2bn of revenue for the 12 months to 30 April 2022, up 21% on the prior year, with like-for-like box volume up 5.4%. Read More
Posted: Jun 21 2022, 03:43
Author Name: Proactive Investors
Views: 111841

DITHF News  

DS Smith trading in line, pricing more resilient than expected

By Proactive Investors
October 26, 2023

DS Smith trading in line, pricing more resilient than expected

DS Smith PLC (LSE:SMDS) said trading remains in line with improved corrugated box volumes and more resilient pricing than expected. In a pre-close tra more_horizontal

DS Smith PLC falls despite reporting reduced customer destocking

By Proactive Investors
September 5, 2023

DS Smith PLC falls despite reporting reduced customer destocking

DS Smith PLC (LSE:SMDS) sees “clear signs” that companies are eating into their stockpiles of cardboard boxes as sales volumes have improved since more_horizontal

Cardboard box demand key for DS Smith update

By Proactive Investors
September 1, 2023

Cardboard box demand key for DS Smith update

Cardboard box maker DS Smith PLC (LSE:SMDS) will provide a first-quarter update alongside its annual shareholder meeting on Tuesday 5 September, havi more_horizontal

DS Smith strikes cautious tone as box volumes dip

By Proactive Investors
June 22, 2023

DS Smith strikes cautious tone as box volumes dip

DS Smith said cardboard box volumes had continued to fall after a 5.8% drop in the year just ended. Economic conditions remain volatile and box volume more_horizontal

DS Smith being tested by lower cardboard prices

By Proactive Investors
June 16, 2023

DS Smith being tested by lower cardboard prices

DS Smith, the cardboard box-making giant, will be watched for the impact of lower testliner (corrugated board) prices when it reports next week. Testl more_horizontal

DS Smith Plc (DITHF) Q2 2023 Earnings Call Transcript

By Seeking Alpha
December 8, 2022

DS Smith Plc (DITHF) Q2 2023 Earnings Call Transcript

DS Smith Plc (OTCPK:DITHF) Q2 2023 Earnings Conference Call December 8, 2022 4:00 AM ET Company Participants Miles Roberts - Group Chief Executive Adr more_horizontal

DS Smith packed with potential for deliver bumper dividends, says analyst

By Proactive Investors
December 8, 2022

DS Smith packed with potential for deliver bumper dividends, says analyst

Interim results from DS Smith PLC (LSE:SMDS) produced a rapturous reaction from analysts at Peel Hunt but not from the market.  "Sometimes you just more_horizontal

DS Smith lifts full-year forecasts after strong interims; raises dividend

By Proactive Investors
December 8, 2022

DS Smith lifts full-year forecasts after strong interims; raises dividend

DS Smith PLC (LSE:SMDS) described its first-half performance as “excellent” after it achieved strong revenue and profits growth despite a volatile more_horizontal


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