Industry News, Printers News

Huhtamäki Reports Solid Organic, Acquisitive Growth in 1H 2016

Net sales grew to €742 million from €714 million in 2Q 20-15.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Huhtamäki Oyj reported its 2Q and 1H 2016 fiscal results.   The Group’s comparable net sales growth was 6% during the second quarter of 2016. Strong growth in the North America and Foodservice Europe-Asia-Oceania business segments continued. Comparable growth in emerging markets was 9%. Growth was strongest in Eastern Europe and South Asia, led by good momentum both in Russia and in India. Net sales development turned marginally positive in China.   The Group’s net sales grew to €742 million...

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