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Huhtamäki Oyj Reports 1H 2017 Results

Net sales grew and profitability was at a good level.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Huhtamäki Oyj issued its half-yearly report for Jan. 1-June 30, 2017. Net sales grew and profitability was at a good level, the compnay noted, as 2Q 2017 net sales grew to €772 million (€742 million in 2Q 2016) and adjusted EBIT was €75.6 million (€77.8 million). EBIT was €75.6 million (€77.6 million), with adjusted EPS was €0.52 (€0.54) and EPS €0.52 (€0.53).   Comparable net sales growth was 1% in total and -1% in emerging markets in 2Q 2016.   For 1H 2017, net sales grew to €1,511 million...

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