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    SMDS   GB0008220112

DS SMITH PLC

(SMDS)
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Delayed London Stock Exchange  -  11:35 2022-11-30 am EST
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DS Smith : Tecnicarton develops an 'eco' solution for maritime export of dashboards

10/25/2021 | 04:14am EST

It has been designed under the concept of 'eco-design' with 100% of the packaging made of corrugated cardboard. The most notable innovation of this design is the replacement of Velcro with cardboard tabs.

DS Smith Tecnicarton has developed an 'eco' solution for the maritime export of dashboards. It is a large packaging designed under the concept of 'eco-design' as it is composed entirely of corrugated cardboard. The most notable innovation of this design is the replacement of Velcro, an environmentally unfriendly material, with cardboard tabs that serve to fix and immobilise the side positioners for the placement and removal of the parts.

These car dashboards are shipped by sea and end up directly on the customer's assembly line. For this reason, the packaging has been designed to optimise space and fit the maximum number of dashboards, eight in total per unit. It is also designed to make the most of the inside of the sea container, giving rise to two levels of packaging. In addition, it is a vacuum folding kit that also saves space in the container and in storage.

This development does not require external elements for its assembly as it has them integrated: Pallet, lid and two half bodies and a bottom with two lateral supports as positioners.

As Antonio Cebrián, Commercial Director of DS Smith Tecnicarton, explains, "this design is the result of DS Smith Tecnicarton's commitment to the search for innovative and sustainable solutions that are fully customised and designed to meet the needs of our customers".

Disclaimer

DS Smith plc published this content on 25 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2021 08:13:02 UTC.


ę Publicnow 2021
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Financials
Sales 2023 7 936 M 9 471 M 9 471 M
Net income 2023 405 M 483 M 483 M
Net Debt 2023 1 486 M 1 773 M 1 773 M
P/E ratio 2023 9,92x
Yield 2023 5,58%
Capitalization 4 175 M 4 982 M 4 982 M
EV / Sales 2023 0,71x
EV / Sales 2024 0,68x
Nbr of Employees 29 584
Free-Float 96,1%
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Mean consensus BUY
Number of Analysts 13
Last Close Price 303,30 GBX
Average target price 367,00 GBX
Spread / Average Target 21,0%
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Managers and Directors
Miles William Roberts Group Chief Executive Officer & Executive Director
Adrian R. T. Marsh Group Finance Director & Executive Director
Geoffrey Drabble Chairman
David Robbie Senior Independent Director
Louise Helen Smalley Non-Executive Director
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