DS Smith PLC (FRA:1KR)

€ 6.575 -0.025 (-0.38%) Market Cap: 9.15 Bil Enterprise Value: 11.77 Bil PE Ratio: 19.80 PB Ratio: 1.93 GF Score: 74/100

Q1 2023 DS Smith PLC Trading Statement Call Transcript

Sep 06, 2022 / 07:00AM GMT

Release Date Price: €3.06 (-2.55%)

Transcript

Operator

Hello, and welcome to the DS Smith AGM Trading Update. Please note this conference is being recorded. (Operator Instructions)

I will hand over to your host, Anjali Kotak, to begin today's conference. Thank you.

Miles William Roberts

DS Smith Plc - Group Chief Executive & Executive Director

Good morning, everybody. And firstly, thank you very much for joining us today. Apologies for starting a little bit late, but there were a very large number of people queuing to join the call, and we thought it was best to wait for that.

I'm Miles Roberts, the group's Chief Executive; and I'm joined by Adrian Marsh, our Chief Financial Officer. And our statement today covers the trading period since the 1st of May 2020.

So despite the current backdrop of macroeconomic uncertainty, we really have had a very good start to the year with strong growth in operating profit and overall trading in line with our expectations.

We're focusing on ensuring the highest levels of security of supply and customer service to our customers, and we're

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