DS Smith PLC Company profile
About DS Smith plc
DS Smith Plc is a United Kingdom-based sustainable paper-based packaging company. The Company's operating segments include Northern Europe, Southern Europe, Eastern Europe, and North America. The Company provides packaging services, recycling services and paper products. Its packaging product portfolio includes packaging for consumer products, electronic commerce, promotion, transit and industrial packaging. Through its paper business, it manufactures corrugated case material (CCM), which is the paper used for conversion into corrugated board. Its paper business also manufactures paper grades such as plasterboard liner. Its recycling business provides integrated recycling and waste management services, ranging from recycling collections through to recycling and waste management solutions. It collects paper and cardboard for recycling from a range of sectors, including retailers, manufacturers, local authorities, and other recycling and waste management companies.
Financial summary
BRIEF: For the six months ended 31 October 2021, DS Smith plc revenues increased 16% to £3.36B. Net income increased 82% to £135M. Revenues reflect Southern Europe segment increase of 20% to £1.23B, North Europe segment increase of 16% to £1.33B, Eastern Europe segment increase of 19% to £523M. Net income benefited from Unallocated segment loss decrease of 25% to £69M, Southern Europe segment income increase of 22% to £122M.
Equity composition
The company changed accounting standards to IFRS. 03/2004, Rights Issue, 1 new share for every 5 shares held @ GBP 112 (Factor: 1.2). 02/2012, Rights Issue, 9 new shares for every 8 shares held @ GBp 95 (Factor:1.451634).
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