HUHTAMAKI
Ebit suffers high feedstock costs
In H1 2011, Finnish packaging specialist Huhtamaki (Espoo; www.huhtamaki.com) achieved 5% of year-on-year exchange rate-adjusted growth, reaching EUR 1 bn. However, at the same time Ebit dropped by EUR 6m, down to EUR 67m – a decline Huhtamaki blames primarily on high feedstock prices. The Finnish group had divested its European Rigid Consumer Goods Plastic division in 2010 – see Plasteurope.com of 05.01.2011 – focusing on the Flexible Packaging, Films, North America, Moulded Fibre and Foodservice businesses instead.
e-Service:
Huhtamaki Interim H1 2011 Report as a PDF document
e-Service:
Huhtamaki Interim H1 2011 Report as a PDF document
26.07.2011 Plasteurope.com [219916-0]
Published on 26.07.2011
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