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By Guy Taylor Packaging giant DS Smith reported a dip in both profit and revenue as it grappled with a decline in box volumes and lower selling prices. Adjusted operating profit slipped 19 per cent to £701m in the 12 months to April, in line with expectations, amid weak overall market demand. Revenue also fell around 17 per cent to £6.8bn. DS Smith said medium-term targets for box volume growth had been “significantly impacted” by inflation, in addition to lower production volumes. Miles Roberts, Group Chief Executive, said: “We are pleased to have delivered a robust performance, despite the c…

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