It’s been 6 months since the packaging giant Smurfit Westrock formally delisted from the Dublin Stock exchange. In that time, shares in the newly merged entity have soared 40% vindicating the decision to quit in many ways. The company, which is still headquartered in Dublin, posted a 4th quarter net income of $146m though it expects to earn an EBITDA of over $1.1bn.
Though it’s set to be an interesting time for Smurfit in the US as that nation rows back on its recycling and DEI positions. Joe discusses all with Ken Bowles the Chief Financial officer with Smurfit Westrock.