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DS Smith remains uncool, but that is why I regard it as one of the best FTSE 100 buy/holds out there

By Chris Bailey | Thursday 7 December 2023


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


I see the packaging company DS Smith (SMDS) describes its half year numbers as a “robust performance in challenging environment” which means it is “on track” for its FY24 hopes. Are there concerns though from an 18% year-on-year fall in revenue, a 15% fall in operating profit, a flat half year dividend and a small negative free cash flow number?
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