Huhtamäki Oyj’s Interim Report January 1–March 31, 2025

President and CEO’s review: Despite the increased uncertainty in the market, our financial performance in the first quarter of 2025 was in line with the previous year’s level. Customers and consumers turned more cautious during the quarter due to geopolitical events.

During the quarter, net sales and adjusted EBIT remained at the previous year’s level. We continued to make progress on our efficiency program, compensating for the negative impact from a decrease in sales volumes. By the end of Q1, we have achieved a total of EUR 87 million in cost savings and these have been essential to compensate for cost inflation.

Fiber Packaging delivered strong growth with continued margin improvement. Our focus on margin improvement in Flexible Packaging yielded improved results, although the uncertainty in the market impacted net sales. In Foodservice Packaging, the softened demand had a negative impact on performance. In North America, performance was impacted by timing of sales in retail tableware, with sales partially pulled from January to December, and a seasonally late Easter.
more at: https://www.huhtamaki.com/en/media/media/stock-exchange-release/2025/huhtamaki-oyjs-interim-report-january-1march-31-2025-stable-performance-in-a-volatile-environment/

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