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Smurfit Kappa Sees Core Profit Fall, Shares Tumble
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Smurfit Kappa Sees Core Profit Fall, Shares Tumble
Posted by
paperperson
57 days ago
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http://uk.reuters.com
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(Ireland) Smurfit Kappa Group Plc expects a 5 to 10 percent drop in core profit this year due to rising costs, a weak dollar and slowing demand, the Irish packaging maker said on Friday, knocking 10 percent off its shares.
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