Edition:
United Kingdom

Huhtamaki Oyj (HUH1V.HE)

HUH1V.HE on Helsinki Stock Exchange

36.55EUR
11:53am GMT
Change (% chg)

€0.02 (+0.05%)
Prev Close
€36.53
Open
€36.51
Day's High
€36.71
Day's Low
€36.04
Volume
91,830
Avg. Vol
224,541
52-wk High
€37.68
52-wk Low
€31.45

Latest Key Developments (Source: Significant Developments)

Huhtamaki invests in new manufacturing facility in Finland
Monday, 13 Nov 2017 

Nov 13 (Reuters) - HUHTAMAKI OYJ ::HUHTAMAKI INVESTS IN A NEW MANUFACTURING FACILITY IN HÄMEENLINNA, FINLAND.‍IS INVESTING APP. EUR 11 MILLION TO HAVE A NEW MANUFACTURING FACILITY BUILT IN HÄMEENLINNA​.  Full Article

Huhtamaki Q3 adj. EBIT at EUR ‍94 mln, above expectations
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - HUHTAMAKI OYJ :Q3 NET SALES EUR ‍732.0​ MILLION (REUTERS POLL EUR 738 MILLION).Q3 ADJUSTED. EBIT EUR ‍94.0​ MILLION (REUTERS POLL EUR 68.1 MILLION).‍TRADING CONDITIONS ARE EXPECTED TO REMAIN RELATIVELY STABLE DURING 2017.​.‍CAPITAL EXPENDITURE IS EXPECTED TO BE APPROXIMATELY AT SAME LEVEL AS IN 2016​.  Full Article

Huhtamaki Q3 adjusted EBIT, net sales below forecast
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - HUHTAMAKI OYJ :Q3 NET SALES EUR ‍732.0​ MILLION (REUTERS POLL EUR 738 MILLION).Q3 ADJUSTED. EBIT EUR ‍64.3​ MILLION (REUTERS POLL EUR 68.1 MILLION).‍TRADING CONDITIONS ARE EXPECTED TO REMAIN RELATIVELY STABLE DURING 2017.​.‍CAPITAL EXPENDITURE IS EXPECTED TO BE APPROXIMATELY AT SAME LEVEL AS IN 2016​.  Full Article

Huhtamaki Q4 underlying EBIT EUR 65.4 million, in line with expectations
Wednesday, 15 Feb 2017 

Huhtamaki Oyj : Q4 net sales 732 million euros ($775 million)(Reuters poll 735 million euros) . Q4 underlying EBIT 65.4 million euros (Reuters poll 65.7 million euros) . Group's trading conditions are expected to remain relatively stable during 2017 . Good financial position and ability to generate a positive cash flow will enable group to address profitable growth opportunities in 2017 . 2017 capital expenditure is expected to be approximately at same level as in 2016 with majority of investments directed to business expansion .Proposes a dividend of 0.73 euro per share (Reuters poll: 0.75 euro per share).  Full Article

Huhtamaki Q2 EBIT EUR 77.6 million, below expectations
Friday, 22 Jul 2016 

Huhtamaki Oyj : Q2 net sales 742.0 million euros ($817.98 million) versus 757 million euros in Reuters poll . Q2 EBIT 77.6 million euros (Reuters poll 81.8 million euros) . 2016 capital expenditure is expected to be about at same level as in 2015 with majority of investments directed to business expansion .Trading conditions are expected to remain relatively stable during 2016.  Full Article

Huhtamaki to reorganize in Asia-Oceania
Monday, 27 Jun 2016 

Huhtamaki Oyj : Huhtamaki to improve competitiveness in Asia-Oceania . Actions concern Foodservice Europe-Asia-Oceania segment's operations in China and New Zealand . Actions in Asia are expected to have an impact on about 350 employees across functions . Reorganization in New Zealand is expected to have an impact on about 15 employees . Says foodservice packaging manufacturing operations in South China will be consolidated into one unit . Will book loss of about 8 million euros ($8.8 million) as items affecting comparability (IAC) in the Foodservice Europe-Asia-Oceania business segment in Q2 .Says total effect of IAC's in Foodservice Europe-Asia-Oceania business segment in Q2 is slightly negative.  Full Article

Pöyry advice to Delta Packaging on its acquisition by Huhtamaki
Monday, 23 May 2016 

Poyry Oyj : Pöyry advice to Delta Packaging on its acquisition by Huhtamaki . Pöyry Capital acted as financial adviser to Delta and its owners .The success fee earned from this transaction will be recognised within management consulting business group order stock in Q2 2016.  Full Article

Huhtamaki acquires Delta Print and Packaging Limited
Thursday, 19 May 2016 

Huhtamaki Oyj : Huhtamaki has acquired Delta Print and Packaging Limited, a privately held folding carton packaging manufacturer based in Belfast, Northern Ireland, and its affiliated Polish unit European Packaging Solutions Poland Sp. Z o.o. with a new manufacturing unit in Gliwice, Poland . The net sales of the company for the year 2016 are expected to be approximately 70 million euros and it employs altogether approximately 300 employees in its two Manufacturing units . The debt free purchase price was 80 million pounds ($116.74 million) (approximately 103 million euros) .The business will become part of Huhtamaki's Foodservice Europe-Asia-Oceania business segment as of May 2016.  Full Article

Huhtamaki invests in Ivanteevka unit in Russia
Tuesday, 19 Apr 2016 

Huhtamaki Oyj:Says strengthens its position as egg packaging provider in Russia by investing at its manufacturing unit in Ivanteevka.Total investment of about 8 million euros consists of additional manufacturing capacity, warehouse extension and infrastructure improvement.New capacity will be operational in May 2016.  Full Article

Huhtamaki signs 150 million euro Schuldschein loan agreement
Tuesday, 22 Mar 2016 

Huhtamaki Oyj:Has signed 150 million euro Schuldschein loan agreement.It is divided into two floating rate and two fixed rate tranches with maturities of 5 and 7 years.Will use funds for refinancing and general corporate purposes of group.  Full Article