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DS Smith says cardboard box volumes strong; flags higher costs
Published by maria gbaf
Posted on October 28, 2021
1 min readLast updated: January 29, 2026
Global Banking & Finance Review®
Company
Published by maria gbaf
Posted on October 28, 2021
1 min readLast updated: January 29, 2026
DS Smith reports strong cardboard box volumes driven by consumer goods and e-commerce, despite rising logistics and paper costs.
(Reuters) – Cardboard maker DS Smith said on Thursday its box volume growth has been strong in the first half of the year, supported by the fast-moving consumer goods market and continued growth in e-commerce supply even as pandemic curbs ease.
The British company said its overall financial performance was in line with its expectations, but flagged an increase in costs, mainly driven by higher logistics and paper prices.
(Reporting by Sinchita Mitra and Pushkala Aripaka in Bengaluru; Editing by Sherry Jacob-Phillips)
The article discusses DS Smith's strong cardboard box volumes and rising costs due to logistics and paper prices.
Growth is supported by the fast-moving consumer goods market and e-commerce supply.
DS Smith faces increased costs mainly from higher logistics and paper prices.
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