Davy Research

Paper & Packaging

VPK Packaging announces new containerboard capacity for 2020
Paper & Packaging
Mondi | DS Smith | Smurfit Kappa Group

DAVY VIEW

VPK Packaging’s announcement of plans to add new containerboard capacity is not surprising given its short paper position. Scarcity of paper in Europe is becoming an issue for corrugated producers. Given the tightness in paper supplies, the latest price increases are likely to be successfully implemented. This will drive higher corrugated prices and positive earnings momentum in the sector. Smurfit Kappa Group remains the best way, in our opinion, to play this very positive theme in 2018.

Download full report with analyst certification and important disclosures
Download
Download full report with analyst certification and important disclosures
Download
  • RATINGS AND PRICE CORRECT AT TIME OF ISSUE


  • DS Smith

    Closing Price: 50220p

  • RATING 12/02/16

  • PREVIOUS RATING 19/06/12

    Underperform

  • Mondi

    Closing Price: 2137p

  • RATING 19/06/12

  • PREVIOUS RATING N/A

  • Smurfit Kappa Group

    Closing Price: 2808c

  • RATING 30/06/09

  • PREVIOUS RATING N/A

Analyst(S)

Paper & Packaging

JUMP TO