Industry News, Printers News

Huhtamäki Oyj Reports Good Comparable Net Sales Growth in 1H 2018

Net sales were €786 million in 2Q 2018, with comparable net sales growth was 6% in total and 10% in emerging markets.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Huhtamäki Oyj reported its first half 2018 and second quarter 2018 financial results. Its first half sales were the same as 1H2017, at €1,511 million, with adjusted EBIT of €130.2 million and EBIT of €139.7 million essentially flat.   The group’s net sales grew to €786 million in the second quarter of 2018, with comparable net sales growth if 6% during the quarter, with all segments contributing. Net sales growth was strong in the Flexible Packaging and Foodservice Europe-Asia-Oceania business...

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