LONDON (dpa-AFX) - DS Smith Plc (SMDS.L), a provider of sustainable paper-based packaging on Thursday said that the positive trends in profitability experienced in the first half have continued into the second half, and that financial performance was in line with its expectations.
In its trading update for the period since 1 November 2022, the U.K.-headquartered company said that while it continued to take market share, like-for-like corrugated box volumes during the second half have been lower than the comparative period amidst market weakness and evidence of de-stocking over Christmas and New Year.
Shares of DS Smith were last traded at 343.10 pence, up 6.80 pence or 2.02 percent from the previous close.
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