You are here

Prices & Quotes - UK Markets - Smurfit Kappa Group (SKG)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 3,214.00p
Change Today:
58.00p
Market Cap:
8,292m
Sector:
General Industrials

Smurfit Kappa secures new €1.35bn revolving credit facility

By Michele Maatouk

Date: Tuesday 29 Jan 2019

LONDON (ShareCast) - (Sharecast News) - Corrugated packaging group Smurfit Kappa has signed an unsecured €1.35bn revolving credit facility with 21 of its existing relationship banks.
The facility, which has an initial five-year term, can be extended up to a maximum of seven years at the company's request, subject to bank consent. The new facility will refinance Smurfit's existing senior credit facility which matures in March next year.

The company said it further streamlines its capital structure by facilitating the concurrent release of substantially all of its subsidiary guarantees across all of its senior debt funding arrangements including its senior notes, consistent with typical large corporates of similar scale and credit profile.

Group chief financial officer Ken Bowles said: "We are very pleased to have arranged this facility which reflects the continuing strong support of our relationship banks for the group and our strategic direction.

"This transaction is a continuation of our proactive financing strategy to reduce the cost and extend the term of our debt facilities while increasing the flexibility of our capital structure."

At 1515 GMT, the shares were up 2.2% to 2,242p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

SKG Market Data

Currency UK Pounds
Price 3,214.00p
Change Today 58.00p
52 Week High 3,332.00p
52 Week Low 1,944.00p
Volume 781,456
Shares Issued 257.98m
Market Cap 8,292m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
Not Available
Operating Margin
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector

What The Brokers Say

Strong Buy 6
Buy 1
Neutral 2
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SKG Dividends

  Latest Previous
  2nd Interim Interim
Ex-Div 19-Nov-20 13-Aug-20
Paid 11-Dec-20 11-Sep-20
Amount 27.90¢ 80.90¢

Trades for 27-Nov-2020

Time Volume / Share Price
16:37 22,601 @ 3,202.00p
16:35 231 @ 3,214.00p
16:35 231 @ 3,214.00p
16:35 1,718 @ 3,214.00p
16:35 483 @ 3,214.00p

SKG Key Personnel

CEO Tony Smurfit