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Net sales grew to €2,865 million for 2016, with adjusted EBIT improving to €268 million.
February 17, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Huhtamäki Oyj announces its fourth quarter and full year 2016 fiscal results for the year ending Dec. 31, 2016. For the fourth quarter, net sales grew to €732 million from €691 million, while adjusted EBIT improved to €65 million (€56 million. Adjusted EPS improved to €0.44 (€0.38), and EPS to €0.42 (€0.38). Comparable net sales growth was 3% in total and 5% in emerging markets For the full year, net sales grew to €2,865 million (€2,726 million. Adjusted EBIT improved to €268 million (€23...
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