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DS Smith Q3 Update Light On Detail; Not A Spread Mover

CAPITAL GOODS


  • Not a spread mover and not much else to add beyond the headlines;
  • The firm reports stable like-for-like corrugated box volumes, flat since 01 Nov, with growth in North America and Eastern Europe balancing a weaker Northern Europe.
  • Focus remains on price resilience, op efficiency, and cost control amidst expected containerboard price hikes.
  • Trading and future outlook align with expectations.
  • Conference call at 08:00 London time.
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