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22.11.2017 0

Huhtamaki to Build USD 13 Million Factory

Huhtamaki is investing about $12.9 million, in a new manufacturing plant in Hämeenlinna, Finland to replace an aging facility there.

The company plans to upgrade some of its machinery, deploy automated technologies, and improve workplace safety and ergonomics.

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12.07.2017 0

Huhtamaki to install panel pouch making machine in India

Huhtamaki-PPL Ltd is installing a 5 panel pouch making machine at its factory in Rudrapur, Uttarakhand.  This equipment will enable the company to produce 5 panel pouches, synonymously called box pouches, flat bottom pouches, 3D pouches etc.
These pouches can be used for packaging of all dry products and in India they are particularly popular for packaging of rice in 5 kg and 10 kg pack sizes.


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04.05.2017 0

Interim Report of Huhtamaki: Earnings and Net Sales Improved

This year of the company started very well as it has achieved 3% comparable sales growth with the organically growing business segments as growth was driven by Food services.

The organic growth gets amplified in 2016 and the flexible packaging segment also shows high positive growth whereas the the growth in the developing markets gets reduced by 2%.

EPS and EBIT has improved a lot with the margins and the Food service segment accounted for high profitability with good growth volume and successful restructuring in New Zealand and China.

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27.04.2017 0

Huhtamaki signed a loan agreement

Huhtamäki Oyj has signed a freely transferable loan agreement of EUR 117 million and USD 35 million. It includes several floating and fixed rate tranches with maturities of 5, 7 and 10 years. The loan is targeted to institutional investors. Huhtamaki will use the funds for refinancing and general corporate purposes of the Group.

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23.02.2017 0

Huhtamaki at an all time high

Huhtamaki set another record for 2016. Huhtamaki’s net sales and profitability reached all-time-high levels and met the mid-term ambitions set in early 2015. Their net sales were EUR 2.9 billion, adjusted EBIT margin strengthened to 9.4% from previous year's 8.7% and adjusted EPS grew by 11% to EUR 1.83 and comparable growth of 4% overall and 7% in emerging markets during the year. During the year, they made significant forward-looking growth investment decisions that help our customers serve their markets better.

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