DS Smith (GB:SMDS) has released an update.
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DS Smith reported a 2% growth in box volumes for the first half of 2024/25, despite facing challenging market conditions and a decline in revenues and profits due to lower packaging prices and higher input costs. The company maintained its profitability expectations and announced a 6.2 pence interim dividend per share. DS Smith is set to merge with International Paper to form a leading sustainable packaging solutions provider, with completion expected in early 2025.
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