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Huhtamaki Oyj (HUH1V.HE)

HUH1V.HE on Helsinki Stock Exchange

34.82EUR
23 May 2018
Change (% chg)

€-0.28 (-0.80%)
Prev Close
€35.10
Open
€35.00
Day's High
€35.03
Day's Low
€34.60
Volume
293,928
Avg. Vol
295,916
52-wk High
€37.68
52-wk Low
€31.17

Latest Key Developments (Source: Significant Developments)

Huhtamaki Acquires The Majority Of Australia's Tailored Packaging
Monday, 30 Apr 2018 12:40am EDT 

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 02:00am EST 

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 06:40am EST 

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 01:30am EDT 

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 01:30am EDT 

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 01:30am EST 

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 01:35am EDT 

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 06:00am EDT 

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