|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||3.2500 - 3.2500|
|52-week range||3.2100 - 4.1800|
|Beta (5Y monthly)||0.96|
|PE ratio (TTM)||7.22|
|Forward dividend & yield||0.22 (6.74%)|
|Ex-dividend date||07 Sept 2023|
|1y target est||N/A|
It is hard to get excited after looking at DS Smith's (LON:SMDS) recent performance, when its stock has declined 7.1...
Miles Roberts of packaging-maker DS Smith warns manufacturing will decline unless government provides clarity about decarbonisation
(Reuters) -British cardboard maker DS Smith said on Tuesday it was reducing prices for its packages as it benefits from easing raw material costs and customers re-stocking their inventories. "Cost of raw materials and energy has fallen quite a bit over the last year, so the price of our packaging is actually being reduced," CEO Miles Roberts said in an interview with Reuters, without giving details of the price cuts. DS Smith, which operates in more than 34 countries and counts the likes of Amazon and Unilever as its customers, said it was seeing signs customers are re-stocking inventories, particularly in Southern and Eastern Europe and the U.S., although box volumes remained below year-ago levels.