DS Smith

Positive Q3 trading update

  • Sectors : Paper & Packaging
  • Companies : DS Smith

Ratings and price correct at time of issue.

  • DS Smith

    Closing Price: 343p

  • RATING 23/01/23

  • PREVIOUS RATING 03/04/19

    NEUTRAL

DAVY VIEW

DS Smith’s Q3 trading update indicates (1) subdued box demand but (2) resilient box prices, with (3) easing raw material costs leading to (4) improving DS Smith profit margins. Expect modest positive share price reaction ahead of the 08:00 conference call.

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Mar 9 2023, 07:25 GMT

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