Smurfit Kappa posts 19.6% drop in profit for FY23

Smurfit Kappa, a corrugated packaging company, has reported that its profit fell by 19.6% to €759m ($817m) in financial year 2023 (FY23), compared with €945m in FY22. 

The company’s profit before tax was €1.05bn, down 18% from €1.29bn in FY22.  

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