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Wed, Jul 24, 2024 00:08
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Smurfit WestRock CFO: Consumer demand coming 'along nicely'

DUBLIN (From news reports) - The chief financial officer of newly formed paper packaging giant Smurfit WestRock said consumer demand is coming "along nicely" and at similar levels in the second quarter to the growth seen in the first three months of the year.

Prior to Smurfit Kappa and Westrock completing their merger and commencing trading on the New York Stock Exchange on Monday, Smurfit Kappa had reported 3% volume growth in Europe in the first quarter, and U.S. based WestRock a rebound in demand.

"There's no massive ramp up in anything, but it's tipping along nicely in that sense, the world has not got itself back to an incredibly happy place but what we would have seen as we moved through the second quarter was very similar to the first quarter," Ken Bowles said in an interview.

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