DS Smith – Inflation Can’t Box In Demand

This article was originally published on ValueWalk

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Ignoring the impact of exchange rates, DS Smith plc (LON:SMDS)’s full year revenue rose 26% to £7.2bn. This was helped by a 5.4% increase in like-for-like corrugated box volumes, thanks to strong demand among fast moving consumer goods and other consumer-related sectors, which make up about 80% of overall volumes. Price increases offset rising input […]