# DS Smith says cardboard box volumes strong; flags higher costs
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-10-28
Category: BUSINESS
Category URL: https://financedigest.com/category/business
Meta Title: DS Smith box volume grows in strong first half, despite
Meta Description: DS Smith, a cardboard maker, saw robust box volume growth in H1 supported by FMCG and e-commerce. Costs increase due to logistics and paper prices.
URL: https://financedigest.com/ds-smith-says-cardboard-box-volumes-strong-flags-higher-costshtml

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(Reuters) – Cardboard maker DS Smith said on Thursday its box volume growth has been strong in the first half of the year, supported by the fast-moving consumer goods market and continued growth in e-commerce supply even as pandemic curbs ease.

The British company said its overall financial performance was in line with its expectations, but flagged an increase in costs, mainly driven by higher logistics and paper prices.

(Reporting by Sinchita Mitra and Pushkala Aripaka in Bengaluru; Editing by Sherry Jacob-Phillips)


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