date:Jun 29, 2012
nancial aims as year-on-year pre-tax profits leapt 44% to 110m, operating profits rose 28% to 142m on revenues of just under 2bn.
Underpinning the delivery of all our financial targets has been the Groups decision to be a net purchaser of paper, rather than a fully integrated producer,said DS Smith today.By being long in packaging and short in paper, we have had the ability to adjust corrugated prices quickly where we have needed to and to take decisions which may have short-term impacts on vol