DS Smith profits slide on lower packaging prices

Weak demand and higher input costs are weighing on the company’s profitability

Published 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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