Humanitarian Aid to Ukraine – Stop of cardboard shipments to Russia

Sales of $1,103 million increased by $82 million or 8% compared to the same period last year, reflecting the consolidation of results from the Greenpac Mill beginning in the second quarter, improved pricing and sales mix in all four of the Corporation's business segments, and additional sales from recovery and recycling activities due to higher recycled fibre pricing. These benefits were partially offset by lower volumes in our North American operations, and the stronger Canadian dollar which resulted in a less favourable CAD/USD exchange rate. Third quarter operating income stood at $51 million , a slight improvement from $50 million last year. This performance reflects the inclusion of Greenpac in the current quarter, price increases mainly in Containerboard, and lower Corporate activities costs related to lower stock-based compensation expense. These were offset by higher raw material costs, and higher production costs in Containerboard and Tissue, due to freight and logistics, and increased use of outside contracting. Specific items recorded in the current period (please refer to the ''Supplemental Information on Non-IFRS Measures'' section for more details) decreased operating income by $2 million . On an adjusted basis, third quarter operating income stood at $53 million , down slightly from $55 million in the prior year period. Click Read More below for additional information.

One of these combinations is not like the rest: Oil and water. Day and night. Protection for fragile items and eco-friendly packaging. There’s a myth that packaging a fragile item with various forms of padding isn't eco-friendly. We’re here to tell you that belief is, in fact, entirely wrong. As one out of 10 packages arrives damaged, the perceived sustainability hit from protective packaging pales in comparison to the environmental impact of returning, repackaging, and then reshipping a new product. That’s why it’s critical to securely nestle fragile goods inside their respective boxes. Think about it: all it takes is just one accidental drop to damage or completely break an item before it reaches its final destination. And the last thing you want is a customer to enthusiastically unbox brand-new champagne glasses to find a pile of shattered glass instead. No matter how delicate an item is, there are numerous eco-friendly packaging solutions to guarantee its arrival in pristine condition. Here are four eco-friendly packaging options to ensure even the most delicate items travel safely and remain intact: click read more below for the rest of the article

DS Smith has proposed sale of its De Hoop paper mill in the Netherlands to De Jong Packaging for a cash consideration of €50 million (c. £43 million). The mill produces c.370k tonnes of mainly heavier grades of recycled paper per annum. The sale supports our strategy to have a “short paper” position in Northern Europe where there is a greater amount of external paper capacity available to the Group and also further aligns our internal paper production with our priorities in light-weight fibre-based packaging solutions for FMCG and e-commerce customers.