30/08/2001

Jefferson Smurfit Group report rise in sales

Jefferson Smurfit Group (JSG), the paper-based packaging group based in Dublin, have reported its interim pre-tax profit unchanged year-on-year at £116 million and EPS of 9.1 per cent.

Third party sales rose by five per cent compared with the same six months last year, while earnings per share were up by ten per cent and the dividend was up by five per cent.

President Gary McCann said: “We saw 1998 as a watershed year. Since then, the pace of structural change within the industry has accelerated. The first half of 2001 represents a creditable performance for the Group’s operations in a demanding operating environment.” (CD)

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