Q1 2021 DS Smith PLC Trading Statement Call Transcript
Hello, and welcome to the DS Smith AGM trading statement. My name is Jess, and I'll be your coordinator for today's event. (Operator Instructions) I will now hand you over to your host, Miles Roberts, to begin today's call. Thank you.
Well, firstly, good morning, everybody, and thank you for joining us today. I'm Miles Roberts, the CEO of DS Smith, and I'm joined on the line by Adrian Marsh, our CFO.
So our statement today covers our trading period since the 1st of May 2020. But looking at our trading, our business has progressed well in the period with performance continuing to be in line with our expectations, obviously despite the macroeconomic challenges that resulted from COVID. Our like-for-like corrugated box volume performance has improved over the period since the initial impact of COVID-19. And in August, we've now seen a return to positive growth versus August of last year.
Our leading FMCG and e-commerce business has grown throughout the whole period,
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