Huhtamäki Oyj’s Interim Report January 1–September 30, 2020: Strong profitability improvement
Q3 2020 in brief • Net sales decreased 1% to EUR 847 million (EUR 855 million) • Adjusted EBIT was EUR 86 million (EUR 72 million); reported EBIT was EUR 65 million (EUR 68 million) • Adjusted EPS was EUR 0.56 (EUR 0.45); reported EPS was EUR 0.43 (EUR 0.41) • Comparable net sales growth was 2% at Group level and -2% in emerging markets. Q1-Q3 2020 in brief: • Net sales decreased 1% to EUR 2,489 million (EUR 2,524 million) • Adjusted EBIT was EUR 229 million (EUR 218 million); reported EBIT was EUR 217 million (EUR 213 million) • Adjusted EPS was EUR 1.46 (EUR 1.40) reported EPS was EUR 1.40 (EUR 1.36) • Comparable net sales growth was -1% at Group level and -6% in emerging markets