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Industrial weakness set to weigh on DS Smith

The packaging group expects Covid-19 will continue to subdue industrial demand and push up operating costs
July 2, 2020

Packaging specialist DS Smith (SMDS) saw revenue from continuing operations dip 2 per cent in the year to 30 April, as lower paper prices offset volume growth from e-commerce and ‘fast-moving consumer goods’ (FMCG) customers.

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