Type Public (LSE: SMDS) Operating income Number of employees 26,000 (2015) Headquarters London, United Kingdom | Industry Packaging Net income £156 million (2015) Revenue 3.82 billion GBP (2015) Founded 1940 | |
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Key people Miles Roberts (CEO)Gareth Davis, Chairman Stock price SMDS (LON) 446.20 GBX -1.60 (-0.36%)8 Mar, 1:26 PM GMT - Disclaimer CEO Miles W. Roberts (4 May 2010–) Profiles | ||
Ds smith half year results 2016 17
DS Smith Plc is a leading British-based international packaging business. It is headquartered in Euston Road, London, and is a constituent of the FTSE 250 Index.
Contents
Ds smith full year results 2015 2016
History
The business was founded by David Solomon Smith in 1940 manufacturing cartons. It was first listed on the London Stock Exchange in 1986. In 1986 it acquired St Regis Paper Company and 1988 Kemsley Paper Mill, both paper manufacturing businesses. In 1991 it went on to buy Kaysersberg Packaging, a leading packaging business, and in 1993 it bought Spicers, an office products wholesaler. In 1996 it acquired John Dickinson, an envelope manufacturer, and in 2004 it completed the purchase of Linpac Containers, a corrugated packaging manufacturer. In July 2011 it sold Spicers, its office products wholesaling business, for £200 million. DS Smith Plc acquired the packaging division of Svenska Cellulosa Aktiebolaget ('SCA') for a net consideration of approximately €1.6 billion (c. £1.3 billion) on 1 July 2012. In May 2015, DS Smith Group completed the acquisition of Duropack for approximately €300m (c. £220m).
Operations
The company manufactures packaging - corrugated packaging, plastic packaging and recycled paper - at sites across the UK, including at Kemsley in Kent,