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Greg Smith

How this packaging giant rode a pandemic boom

It’s benefiting from the shift to e-commerce that has been accelerated by the pandemic and is Europe’s largest recycler of paper and cardboard.

Under pressure as a result of the pandemic, shares of packaging giant DS Smith have continued to recover in recent months, with management optimistic about prospects and expecting to declare an interim dividend.

The most recent trading update noted corrugated box volumes throughout the second quarter have returned to growth.

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Greg Smith is head of research at investment research and funds management house Fat Prophets.

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    Original URL: https://www.afr.com/wealth/personal-finance/how-this-packaging-giant-rode-a-pandemic-boom-20201217-p56oiw