DS Smith reaps rewards of online shopping boom, but sees costs climb September 7, 2021 Packaging giant DS Smith has reaped the rewards of Europe’s pandemic-induced ecommerce boom, with its box volumes swelling past pre-pandemic levels. In its latest trading update, the European group said growth in box volumes had been recorded both in 2019 and in 2020 in the months to 1 May, driven by the demand in ecommerce [...]
‘Full-blown recycling crisis’ looms over UK, DS Smith boss warns August 27, 2021 A “full-blown recycling crisis” is looming in the UK, the boss of London-listed packaging firm DS Smith has warned. With the UK trying to up its environmental commitments ahead of the UN’s flagship climate conference COP26 in November, DS Smith chief executive Miles Roberts has said the country is “throwing away” opportunities that could help [...]
Packaging giant DS Smith sees profit tumble but e-commerce boom beckons June 22, 2021 Packaging giant DS Smith saw its profit slide in the last financial year as the boom in online shopping failed to offset the initial impacts of the Covid-19 pandemic. Despite record growth in the second half of the year, the cardboard maker said that profit before tax fell 37 per cent to £231m last year. Full-year revenue [...]
Mark Kleinman: Thames Water crisis drains confidence in privatised sector April 4, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the City talking in his weekly City A.M. column. This week he tackles Thames Water
Here are the top five stocks on the FTSE 100 this year March 30, 2024 As the first quarter of 2024 comes to an end, City A.M. looks at the top five best-performing stocks on the FTSE 100 so far this year.
DS Smith’s profit drops 54 per cent despite lockdown shopping surge in UK December 10, 2020 Cardboard manufacturer, DS Smith, will resume dividend payments despite a 54 per cent drop in profits in the six months to 31 October.
Robinson: Plastic manufacturer appoints new boss amid ‘positive’ year of momentum August 15, 2024 Gattaca: Recruiter looks to future despite 'unhelpful' hiring market
Keysight outbids Viavi in £1.15bn takeover of Spirent Communications March 28, 2024 An American company has invaded a £1bn agreed takeover deal Spirent Communications, in a shock move which will see another firm taken off the London market.
Travis Perkins appoints non-exec as new boss July 10, 2024 Pete Redfern has been appointed as the new chief executive officer of Travis Perkins, succeeding current CEO Nick Roberts, who is leaving after five years in the role. The UK-based building supplies firm has suffered in the economic downturn and slowdown in construction, with profits falling as much as 70 per cent in 2023. “[Redfern] [...]
Dealmakers limber up in London as ‘FOMO’ takes hold April 6, 2024 Dealmakers are limbering up for an offensive in London after a wave of new firms fell into the sights of buyers in the opening months of the year and “FOMO” grips the market, top City advisors have said.