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Smurfit Kappa's London shares gain as earnings improve



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** London-listed shares of Europe's largest paper packaging producer Smurfit Kappa SKG.L SKG.I up 3.8% to 3,606 pence; among top gainers on FTSE 100 .FTSE index

** Co's Q1 core profit fell sharply year-on-year but was higher than the final quarter of 2023 when it had signalled a dip in demand for packaging was at an end

** Q1 volumes also grow - 3% in Europe and 2% in the Americas

** CEO says seeing an improving pricing environment

** SKG's results also sends London-listed peer Mondi MNDI.L up 1.4%

** SKG up ~16% so far in 2024



Reporting by Eva Mathews in Bengaluru

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