Something worth considering!
SMDS received a new revised contract for Amazon UK packaging starting 2021.
The list of clients for 2021 is huge, and a very high demand for card board packaging and corrugated card board boxes.
Their half early reports are showing a promising 8% return on sales! (ROS) and revenue to £2,889m (9%) INCREASE!
As usual the company was hit by the pandemic but recovered as Amazon soared up and holding the price level still.
A bullish trend is expected.
This might result in a steep increase to 520p by First quarter.
Correct me if I'm wrong!
Financials:
dssmith.com/investors/investor-information/rns-statements/2020/12/half-year-report
Good Luck!
The list of clients for 2021 is huge, and a very high demand for card board packaging and corrugated card board boxes.
Their half early reports are showing a promising 8% return on sales! (ROS) and revenue to £2,889m (9%) INCREASE!
As usual the company was hit by the pandemic but recovered as Amazon soared up and holding the price level still.
A bullish trend is expected.
This might result in a steep increase to 520p by First quarter.
Correct me if I'm wrong!
Financials:
dssmith.com/investors/investor-information/rns-statements/2020/12/half-year-report
Good Luck!
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