Smurfit Kappa: The latest figures, news and market research on Smurfit Kappa

Turnover: 12.8 billion EUR (2022)

Country: UK

Smurfit Kappa specializes in the production of cardboard-based packaging.

Jefferson Smurfit was founded in Ireland in 1934, and expanded into the United States in the 1980s. In 2005, Jefferson Smurfit merged with Kappa Packaging, creating Smurfit Kappa.

News

Smurfit WestRock merger on track 09/12/2023

Merger of Smurfit Kappa and WestRock (two cardboard manufacturers) announced on September 12.
Cost of operation for Smurfit Kappa: 11 billion dollars.
Valuation of the new Smurfit WestRock entity: close to $20 billion.
Sales of the new entity based on twelve-month results to June 30: $34 billion.
The new entity is the world leader in corrugated board and packaging.
Smurfit Kappa shareholders will hold 50.4% of the capital, while WestRock shareholders will hold 49.6%.
Smurfit WestRock will operate in 42 countries.
The new entity will have 500 cardboard mills and 67 paper mills. It will employ 98,000 people.

A remarkable 2022 for Smurfit Kappa 29/03/2023

- Sales: 12.8 billion euros
- Ebitda: 2.3 billion euros
- Paperboard packaging production volume: down 2% - Number of employees: 48,000
- Number of employees: 48,000 - Number of sites: 350 in 36 countries

The company currently generates sales of around 10.11 billion euros, with 46,000 employees in 2021, spread across its 350 production sites in 35 countries. The company is active in pulp production with its 34 paper mills (producing integrated pulp) and also specializes in converting - via Kappa Packaging - with its 242 packaging conversion plants.

The company upholds an environmental vision with its 46 recycling and wood supply plants, and recently acquired 4 new plants in France in 2018 for 1.7 billion euros.

Smurfit France in figures - source (Societe)

number of employees in France in 2021 : 2 942
number of plants in France in 2022: 35
share capital in 2021: €60,257,905.00

Financial Data

DUNS: 493254908

Legal Name: SMURFIT KAPPA FRANCE

Address: 5 AVENUE DU GENERAL DE GAULLE , 94160 SAINT-MANDE

Number of employees: Entre 2 000 et 4 999 salariés (2021)

Capital: 60 257 905 EUR

Financial Data:

Year	2022	2021	2020	2019	2018	2017	2015	2014	2013	2012
Turnover	1 109 642 071	892 104 645	767 926 252	819 970 137	766 547 953	723 710 990	693 015 252	704 457 373	695 471 807	714 448 222
Gross margin (€)	472 342 785	406 256 007	432 207 567	428 335 667	343 008 541	-	336 571 825	346 054 656	334 216 322	370 228 764
EBITDA (€)	27 359 972	-9 385 170	38 176 169	36 112 904	-18 930 861	-	-5 700 060	5 556 365	-2 246 513	34 371 838
Operating profit (€)	2 494 515	-34 140 591	13 940 109	11 527 470	-38 650 926	-	-19 067 146	-6 536 420	-15 624 514	21 758 287
Net profit (€)	4 428 778	-28 537 217	-4 533 960	8 508 989	-44 287 103	-26 676 256	-24 685 308	-24 096 500	-16 850 620	11 680 857
Turnover growth rate (%)	24,4	16,2	-6,3	7	5,9	-	-1,6	1,3	-2,7	-
Ebitda margin rate (%)	2,5	-1,1	5	4,4	-2,5	-	-0,8	0,8	-0,3	4,8
Operating margin rate (%)	0,2	-3,8	1,8	1,4	-5	-	-2,8	-0,9	-2,2	3
Working Capital (turnover days)	-37,6	-46	-21,3	-55,2	-62,7	-	-10,6	-28,8	-25,8	-27,4
Working Capital requirements (turnover days)	-8,3	-15,1	-11,1	-9,1	-7	-	-18	-17,9	-18,2	-17,6
Net margin (%)	0,4	-3,2	-0,6	1	-5,8	-	-3,6	-3,4	-2,4	1,6
Added value / Turnover (%)	22,4	22,1	32	29,8	22	-	24,4	26,1	25,4	30
Wages and social charges (€)	187 284 335	178 587 400	179 880 018	182 265 198	163 209 063	-	152 374 581	155 776 106	156 978 568	157 499 298
Salaries / Turnover (%)	16,9	20	23,4	22,2	21,3	-	22	22,1	22,6	22