| Business Summary | | Jefferson
Smurfit
Group
plc
is
a
large,
integrated
producer
of
containerboard,
corrugated
containers
and
other
packaging
products.
The
Company
believes
that
its
high
level
of
integration
enhances
its
ability
to
respond
quickly
and
efficiently
to
customers
and
to
fill
orders
on
short
lead
times.
The
Company
operates
in
three
major
business
segments.
The
primary
products
of
the
Company's
Containerboard
and
Corrugated
Containers
segment
include
corrugated
containers,
containerboard
and
solid
bleached
sulfate.
This
segment
includes
four
paper
mills
and
48
container
plants
located
in
the
United
States.
The
Boxboard
and
Folding
Cartons
segment's
primary
products
are
coated
recycled
boxboard
and
folding
cartons.
The
Company's
reclamation
operations
procure
fiber
resources
for
the
Company's
paper
mills
as
well
as
those
of
other
producers.
The
Company
operates
reclamation
facilities
that
collect,
sort,
grade
and
bale
recovered
paper. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | JS
is
a
balanced
producer
of
paper,
paperboard,
paper-based
packaging
and
non-packaging
grades
of
paper
such
as
printing,
writing
papers
and
newsprint.
For
the
fiscal
year
ended
12/31/00,
revenues
rose
24%
to
EUR4.57
billion.
Net
income
before
extraordinary
items
and
according
to
U.S.
GAAP
totalled
EUR245.7
million,
up
from
EUR116.7
million.
Revenues
reflect
strong
demand
in
European
market.
Earnings
also
reflect
an
increase
in
the
share
of
associates
operating
profit. Recent Earnings Announcement For
the
6
months
ended
06/30/2001,
revenues
were
2,325,525;
after
tax
earnings
were
98,282. (Preliminary; reported in thousands of Euro.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Michael Smurfit, 63 | Chairman,
CEO | Gary McGann, 59 | Pres,
COO, Director | Ian Curley | CFO | Michael O' Riordan | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|