Jefferson Smurfit Group said it has adopted quarterly reporting with effect from 2002 as 50 per cent of its equity is now held in North America and just 14 per cent in 1995.
"The US is, in many respects, a natural home for our equity and has now become our primary capital market. Quarterly reporting is a logical move to meet the needs of our internationally diverse investor group," said chairman and chief executive Dr Michael Smurfit.
The group said it expects to release a report on first-quarter 2002 trading on May 9th, 2002.
AFP