Industry News, Printers News

Huhtamäki Oyj Reports Higher Sales, Earnings in 1Q 2017

Net sales grew to €739 million, with EBIT improving to €63 million.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Huhtamäki Oyj presented its interim report for the first quarter of 2017. Net sales grew to €739 million from €672 million, with EBIT increasing to €63 million from €58 million. EPS improved to €0.43 from €0.40.   “Our year started well and we achieved 3% comparable net sales growth with all business segments growing organically,” said CEO Jukka Moisio. “Growth was driven by Foodservice Europe-Asia-Oceania segment, where organic growth was boosted by acquisitions completed in 2016. In addition...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters