DS Smith's H1 profit jumps, looks to sell plastics division

6 December 2018

Packaging company DS Smith Plc on Thursday reported a 32 percent jump in first-half adjusted operating profit as it sold more boxes at higher prices, and said it was exploring a sale of its plastics division.

Adjusted operating profit from continuing operations rose to 304 million pounds ($386.4 million) for the six months to Oct. 31, from 231 million pounds a year earlier, the FTSE-100 firm said.

 

Source: reuters.com