DS Smith PLC (FRA:1KR)
€ 6.575 0.14 (2.17%) Market Cap: 9.07 Bil Enterprise Value: 11.77 Bil PE Ratio: 19.80 PB Ratio: 1.93 GF Score: 74/100

Q3 2022 DS Smith PLC Trading Statement Call Transcript

Mar 10, 2022 / 08:00AM GMT
Release Date Price: €3.77 (+6.15%)
Operator

Welcome to the DS Smith's Q3 trading update. (Operator Instructions) I will now hand over to your host, Miles Roberts, CEO, to begin today's call. Thank you.

Miles W. Roberts
DS Smith Plc - Group Chief Executive & Executive Director

Good morning, everybody. And firstly, thank you for joining us on our call this morning. As introduced, I'm Miles Roberts, the Group CEO. I'm also here with Adrian Marsh, our Group CFO.

Our statement today covers the trading for the period since the 1st of November 2021. But I'd like to start by saying that despite the increasing macroeconomic and geopolitical uncertainty, I'm really pleased with the continued momentum during H2 with expected good progress in profitability and cash generation. And of course, I'd also like to thank everybody who works in DS Smith really for their continued commitment, professionalism and support in what really are quite extraordinary times.

So during this period, we've had good volume growth despite some very tough comparatives and some localized short-term Omicron-driven

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