Share to Twitter Share to Linkedin FTSE 100 stocks Smurfit Kappa, DCC Group and Severn Trent all released fresh trading statements on Wednesday. Here are the key takeaways from their midweek updates. Smurfit Kappa Packaging supplier Smurfit Kappa grew revenues strongly in 2022 despite a fall in cardboard box demand. Revenues rose 27% last year to €12.8 billion even as box volumes dropped 2% year on year. Meanwhile, earnings before interest, tax, depreciation and amortisation (EBITDA) increased 38% to €2.4 billion, helped by a jump in EBITDA margin to 18.4% from 16.8% in 2021. The solid performance encouraged the company to raise the full-year dividend 12% year on year, to 107.6 euro cents per share. Chief executive Tony Smurfit said that “the rate and pace of inflation clearly had a negative effect on the demand environment in 2022.” He added that “the partial reversal of the unsustainably high demand levels seen through the pandemic period” also … [Read more...] about FTSE 100 Round-Up: Smurfit Kappa, DCC, Severn Trent
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Izakaya-Style Dining And Sake Pairings At San Francisco’s Upscale Japanese Restaurant, PABU
Share to Twitter Share to Linkedin Located in the heart of San Francisco’s Financial District is PABU, a lively Japanese restaurant specializing in upscale Izakaya dining, elevated further by an emphasis on sake pairings and seasonal cocktail menus. Founded by Michael Mina and the late Ken Tominaga of the esteemed Hana Japanese Restaurant in Sonoma County, PABU is a modern take on Izakaya dining that includes sushi, something that wouldn’t be found on Izakaya menus in Japan. “Izakaya dining is essentially small bites to go with drinks,” explains Chef Keita Tominaga. “It is also a vibe created in the dining room that’s typically casual and social. We capture this Izakaya-style experience in a more elevated way at PABU Izakaya in both the dishes and the atmosphere we’ve created.” PABU’s contemporary take on this style of dining is broken down in to several selections on the menu that include cold and hot small plates, makimono (rolls), nigiri, sashimi, … [Read more...] about Izakaya-Style Dining And Sake Pairings At San Francisco’s Upscale Japanese Restaurant, PABU