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DS Smith profits slide on lower packaging prices

Weak demand and higher input costs are weighing on the company’s profitability
DS Smith profits slide on lower packaging pricesPublished on December 5, 2024
  • Adjusted operating profits slide 39 per cent
  • Net debt to Ebitda ratio rises to 2.8 times

In what could be its latest set of standalone results as a London-listed entity, DS Smith (SMDS) exemplified the impact a combination of weak demand and higher input costs can have on profitability. 

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