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LON250:SMDS, Oct 23, 08:05 UTC

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Friday, October 19


News

DS Smith to launch sale of plastics packaging unit in November

SMDS

FRANKFURT/LONDON, Oct (Shenzhen: 000069.SZ - news) 19 (Reuters) - British packaging group DS Smith (Frankfurt: 877238 - news) is expected to launch the sale of its plastic packaging division in November, three sources familiar with the matter said, in a deal that could be worth around $800 million. The sources said financial sponsors were looking at the asset and that they are likely to receive information memorandums on the asset next month. DS Smith declined to comment and Goldman Sachs did not immediately respond to a request for comment. DS Smith has a market capitalisation of 5.57 billion pounds ($7.3 billion), according to Refinitiv data.

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Thursday, October 18


News

D S SMITH PLC UNITED KINGDOM (OTCMKTS:DITHF) Shorted Shares Increased By 15.73%

SMDS

D S SMITH PLC UNITED KINGDOM (OTCMKTS:DITHF) Shorted Shares Increased By 15.73%. The stock of D S SMITH PLC UNITED KINGDOM (OTCMKTS:DITHF) registered an increase of 15.73% in short interest. DITHF’s total short interest was 250,100 shares in October as published by FINRA. With 17,200 shares average volume, it will take short sellers 15 days to cover their DITHF’s short positions.

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Thursday, October 11


News

DS Smith North America Packaging and Paper Division to Highlight Innovation and Sustainability at Pack Expo 2018

SMDS

DS Smith will showcase corrugated packaging solutions such as the patent-pending, leak-free LRZ packaging and Greencoat®, the 100% recyclable, water-resistant wax-free box. "DS Smith takes a unique, focused approach to solving packaging problems, and our new LRZ packaging and Greencoat are prime examples of this," said Pete Bugas, Global Director, Greencoat Group for DS Smith's North America Packaging and Paper Division. "We look at the challenges our customers are facing and come up with solutions that go above and beyond. DS Smith is excited to showcase our innovative and sustainable solutions at Pack Expo this year." DS Smith North America Packaging and Paper Division is local and efficient, with creative Packaging Strategists located throughout our 16 manufacturing plants and 12 warehouses in the New England, Mid-Atlantic, East and South regions of the U.S., ready to solve your most difficult packaging challenge. SOURCE DS SmithView Comments and Join the Discussion!

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Tuesday, October 09


News

Reusable Packaging Association Names Anheuser-Busch InBev & DS Smith Plastics the 2018 Excellence in Reusable Packaging Award Winners

SMDS ABI

"The innovation reflected in all the entries was outstanding and the field was very competitive. This year, two applications received the highest marks during the judging process and we are pleased to announce that both Anheuser-Busch InBev and DS Smith Plastics have received the award for 2018." Investment in a preventative maintenance program for reusable kegs coupled with pallet redesign allowed AB InBev to consolidate heat-treatment and palletization of ready-to-use kegs at a single location (vs. two previously) and increase pallets per load by 33 percent. DS Smith helped their automotive supplier customer realize operational efficiencies and reduce environmental impact by designing a reusable transport packaging solution capable of accommodating multiple products while ensuring product protection during transit, truck load optimization with both full and empty containers, easy and safe loading/unloading, compliance with local regulations, long useful life, end-of-life recyclability and achievement of ROI hurdles. "We are pleased to receive this recognition from the Reusable Packaging Association on behalf of one of our customers and our returnable packaging specialist team at DS Smith Plastics," said John C. McCurdy, vice president of commercial development at DS Smith Plastics.

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Thursday, October 04


Social Chatter

Smith (DS) PLC (LON250:SMDS) social chatter is higher than usual

SMDS
Business Leaders from #Fortune500 Global Brands to Headline #CoupaInspire ‘18 in #London @dssmithpack @kpmg @airbus @PwC @rollsroycecars @Unilever @Zurich @AIGinsurance @Aon_plc @GreifInc @nationalgriduk @pearson @coupa https://t.co/NNcu3csfYD https://t.co/9QLi66lZX2

Wednesday, October 03


News

DS Smith plc (SMDS) Receives GBX 576 Consensus Target Price from Analysts – Fairfield Current

SMDS

DS Smith plc (LON:SMDS) has received a consensus rating of “Buy” from the nine research firms that are currently covering the firm, MarketBeat reports. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 576 ($7.50). Berenberg Bank lifted their price objective on DS Smith from GBX 570 ($7.42) to GBX 630 ($8.21) and gave the stock a “buy” rating in a research report on Tuesday, June 19th. DS Smith stock traded up GBX 2.80 ($0.04) during trading on Friday, reaching GBX 481.10 ($6.27).

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Sunday, September 30


News

DS Smith plc (SMDS) Receives Consensus Recommendation of “Buy” from Brokerages – XNewsPress

SMDS

Shares of DS Smith plc (LON:SMDS) have earned an average recommendation of “Buy” from the nine brokerages that are covering the company, MarketBeat reports. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 576 ($7.50). Finally, Berenberg Bank upped their price objective on shares of DS Smith from GBX 570 ($7.42) to GBX 630 ($8.21) and gave the company a “buy” rating in a report on Tuesday, June 19th. In related news, insider Miles Roberts sold 317,384 shares of the stock in a transaction that occurred on Wednesday, July 18th.

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Thursday, September 13


News

Retail E-commerce Packaging Market 2018 Global Industry Growth, Size, Segments & Regional Analysis With Competitive Landscape By IP, Nippon Paper, Smurfit Kappa, Mondi, PCA, DS Smith, Georgia-Pacific - Press Release

SMDS MNDI

Retail E-commerce Packaging Market 2018 Global Industry Growth, Size, Segments & Regional Analysis With Competitive Landscape By IP, Nippon Paper, Smurfit Kappa, Mondi, PCA, DS Smith, Georgia-Pacific. Retail E-commerce Packaging Market Research Report 2018: Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Material (Corrugated Boxes, Protective packaging, Security envelopes, Tapes & labels, and others), by Application (Electronics & Consumer goods, Apparel & Accessories, Home furnishing, Auto Parts, Food & Beverages, Healthcare & Personal care, and others) and by Region - Global Forecast To 2023. Recently, online shopping has become a norm. Until some years ago, this concept was close to non-existent. But with growing exposure to the internet and smart devices, people now prefer buying goods using online platforms. The report for Global Retail E-commerce Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.

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Tuesday, September 04


News

DS Smith upbeat on Q1 box volumes, plastics sale

SMDS TRI

Sept 4 (Reuters) - British packaging group DS Smith Plc (Frankfurt: 877238 - news) said on Tuesday it sold more boxes in the first quarter at higher prices, helping it to recover from a rise in the cost of paper and pulp. The trading update from the FTSE-100 firm, which supplies corrugated cardboard, recycled paper and plastic packaging to firms including supplies to companies including Amazon.com Inc , gave no numbers on first quarter performance. But it said that its margins had improved and that it had also made "progress" on efforts to sell its plastics business, without giving further details. "Recovery of input cost increases from earlier in the calendar year is in line with our expectations, with the consequent positive margin impact," said DS Smith. The company has grown into one of the world's leading recycled packaging producers through a series of acquisitions over the past decade and it has been reviewing its plastics business, which accounts for just 6-7 percent of turnover, as it increases its focus on production of recyclable fibre products.

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News

DS Smith says first-quarter volume growth helped recover input costs

SMDS TRI

DS Smith says first-quarter volume growth helped recover input costs. ReutersSeptember 4, 2018, 6:29 AM GMT. (Reuters) - British packaging group DS Smith Plc (SMDS.L) said on Tuesday comparable volume growth in the first quarter helped it recover from higher input costs. The FTSE-100 firm, which supplies to companies including Amazon.com Inc (AMZN.O) and British fashion chain Next Plc (NXT.L), had previously flagged higher costs from a surge in paper and pulp prices. What to read next.

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