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Evening Standard
Evening Standard
Business
Rhiannon Curry

DS Smith on track for £400 million profits

DS Smith

DS Smith manufactures cardboard boxes

(Picture: AFP/Getty Images)

DS Smith, which manufactures cardboard boxes and paper, is heading for a £400 million profit for the last six months after successfully offsetting the rising costs of energy and raw materials.

The company said that its revenue had been strong for the half year to 31 October 2022, which coupled with “effective cost mitigation” had improved its profitability.

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