Davy Research

Smurfit Kappa Group (SKG.I, SKG ID)

  • 8185.8
  • 236.9
  • 93.0

Company Profile

FOLLOWING THE ANNOUNCEMENT BY INTERNATIONAL PAPER THAT IT HAS MADE AN APPROACH FOR SMURFIT KAPPA GROUP, SMURFIT KAPPA GROUP IS DEEMED TO BE IN AN OFFER PERIOD. DAVY IS BROKER TO SMURFIT KAPPA GROUP; ACCORDINGLY, WE ARE DEEMED TO BE AN ASSOCIATED PARTY TO THE OFFEREE IN THIS INSTANCE. WE HAVE THEREFORE DISCONTINUED THE PUBLICATION OF ALL RESEARCH AND FORECAST INFORMATION FOR THE DURATION OF THE OFFER PERIOD. Smurfit Kappa Group (SKG) is a global player in containerboard and corrugated boxes with a market-leading position in Western Europe and a strong presence in Latin America and Eastern Europe. It also has key positions in several other specialist packaging grades. The company is listed in Dublin and London with a market cap of just over €5bn. The sector is currently enjoying a period of positive earnings momentum. SKG remains very attractively valued versus the sector.

Major Shareholders%
Norges Bank 7.0
GMT Capital Corp 7.0
Morgan Stanley5.0
GIC Private Limited3.2

    Closing Price (c): 3456.0

  • RATING 06/03/18