Smurfit Kappa's CEO Says Hard Brexit Dangerous for U.K.

The transcript discusses the impact of Brexit on global manufacturers, focusing on the UK market. It highlights concerns about logistics, customer demand, and potential future scenarios. The discussion also covers investment strategies, the importance of the UK market, and the impact of Brexit on the workforce and economic concerns. The speaker emphasizes the need for a favorable Brexit deal to maintain business stability and address labor market challenges.

What percentage of the company's revenue and profitability does the UK market represent?

• 10%

• 8%

• 5%

• 12%

What is the company's perspective on the likelihood of a hard Brexit?

• They are certain it will not happen.

• They are indifferent to the outcome.

• They think it is unlikely.

• They believe it is inevitable.

How much has the company invested in the UK market over the years?

• 100 million

• 200 million

• 150 million

• 250 million

What is the company's biggest concern regarding the potential movement of workers?

• Higher operational costs

• Inability to find workers for their products

• Decreased demand for their products

• Increased competition from other companies

Which countries are mentioned as having high wage cost increases?

• Germany and France

• Poland and Czech Republic

• Spain and Italy

• Netherlands and Belgium