DS Smith - Interim results likely to confirm on-going strength in corrugated demand and pricing

Davy Research
/Read Important Disclosures

The fundamentals of the European packaging sector are very positive. Corrugated volume demand remains strong and prices appear to be continuing to increase. The outlook for earnings across the sector remains positive. This combined with DS Smith’s aggressive M&A strategy should result in further upgrades to the earnings estimates for the company. In this environment, the share price should continue to perform.