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Huhtamaki Oyj (HUH1V.HE)

HUH1V.HE on Helsinki Stock Exchange

26.00EUR
4:59pm BST
Change (% chg)

€0.58 (+2.28%)
Prev Close
€25.42
Open
€25.54
Day's High
€26.30
Day's Low
€25.54
Volume
297,710
Avg. Vol
292,723
52-wk High
€37.68
52-wk Low
€25.10

Latest Key Developments (Source: Significant Developments)

Huhtamaki Mulls Closing Of "Non-Competitive" Production Lines
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Huhtamaki Oyj ::HUHTAMAKI TO IMPROVE EFFICIENCY AND PROFITABILITY - EFFECT APPROXIMATELY EUR -30 MILLION IN IAC IN Q4 2018.CONSIDERING TO CLOSE AND WRITE-OFF NON-COMPETITIVE PRODUCTION LINES..PLANS TO SPEED-UP ACTIONS TO IMPROVE PRODUCTIVITY BY INVESTING FURTHER IN AUTOMATION..PLANNED ACTIONS ARE ESTIMATED TO RESULT IN ANNUAL IMPROVEMENTS OF APPROXIMATELY EUR 15-18 MILLION WITH FULL IMPACT IN 2020.ESTIMATES THAT EFFECT OF WRITE-OFFS AND OTHER ACTIONS AMOUNTS TO APPROXIMATELY EUR -30 MILLION,.  Full Article

Huhtamäki Q2 Adj. EBITDA Below Expectations At EUR 100.7 Million
Friday, 20 Jul 2018 

July 20 (Reuters) - HUHTAMAKI OYJ ::REG-HUHTAMÄKI OYJ'S HALF-YEARLY REPORT JANUARY 1-JUNE 30, 2018: GOOD COMPARABLE NET SALES GROWTH, NEGATIVE CURRENCY IMPACT.Q2 NET SALES EUR 785.9 MILLION (REUTERS POLL EUR 789 LN).Q2 ADJUSTED. EBITDA EUR 100.7 MILLION (REUTERS POLL: EUR 108 MILLION).Q2 ADJUSTED. EBIT EUR 70.2 MILLION (REUTERS POLL EUR 76.0 MILLION).TRADING CONDITIONS ARE EXPECTED TO REMAIN RELATIVELY STABLE DURING 2018..CAPITAL EXPENDITURE IS EXPECTED TO BE APPROXIMATELY AT SAME LEVEL AS IN 2017.  Full Article

Huhtamaki Acquires The Majority Of Australia's Tailored Packaging
Monday, 30 Apr 2018 

April 30 (Reuters) - Huhtamaki Oyj ::HUHTAMAKI ACQUIRES THE MAJORITY OF AN AUSTRALIAN FOODSERVICE PACKAGING DISTRIBUTOR.HUHTAMAKI HAS ACQUIRED MAJORITY OF TAILORED PACKAGING, AN AUSTRALIAN FOODSERVICE PACKAGING DISTRIBUTION AND WHOLESALE GROUP.DEBT FREE PURCHASE PRICE FOR 65% OWNERSHIP OF JOINT VENTURE WAS APPROXIMATELY EUR 35 MILLION.  Full Article

Huhtamaki Conducts Restructuring In China
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Huhtamaki Oyj ::HUHTAMAKI TO FURTHER IMPROVE ITS COMPETITIVENESS IN CHINA.‍COMPLETED SALE OF VACATED MANUFACTURING FACILITY AND RELATED LAND USAGE RIGHTS IN GUANGZHOU​.‍CLOSED DOWN MANUFACTURING UNIT IN SHANDONG, CHINA, IMPACTING APP. 200 JOBS​.‍PRODUCT RANGE MANUFACTURED IN SHANDONG WILL IN FUTURE BE SOURCED EXTERNALLY.​.‍DECIDED TO CONSOLIDATE ITS MANUFACTURING OPERATIONS IN TIANJIN INTO ONE UNIT​.‍TRANSFER IS EXPECTED TO BE COMPLETED BY END OF Q1 OF 2018.​.‍WILL BOOK APPROXIMATELY EUR -3 MILLION AS IAC IN FOODSERVICE EUROPE-ASIA-OCEANIA SEGMENT IN Q4 OF 2017​.  Full Article

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

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Disappointing earnings, trade tensions weigh on European shares

LONDON European shares fell on Friday as earnings updates disappointed, with auto stocks bearing the brunt of trade tensions that caused a selloff in the Chinese yuan overnight.