Huhtamäki Oyj

HUH1V

FI0009000459

Paper Packaging

Market Closed - Nasdaq Helsinki Other stock markets 11:29:58 2024-04-25 am EDT			After market 03:28:25 pm
36.24 ^EUR	-0.77%		36.37	+0.36%

Apr. 23	Finland's Huhtamäki to Close Malaysian Site Under Consolidation Plan	MT
Apr. 23	Huhtamaki Announces Closing Its Production Site in Port Klang, Malaysia	CI

Finland's Huhtamaki sells Russia business for $151 million

September 02, 2022 at 09:57 am EDT

OSLO (Reuters) - Finland's Huhtamaki said on Friday it had sold its operations in Russia to Espetina Ltd, a holding company owned by Alexander Govor and Iury Kushnerov, for 151 million euros ($151 million).

Reuters on Thursday reported that Govor, the owner of McDonald's former restaurants in Russia, planned to buy the Huhtamaki business.

($1 = 1.0000 euros)

(Reporting by Terje Solsvik, editing by Anna Ringstrom)

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	MCDONALD'S CORPORATION	276.5 USD	-0.07%	+1.97%	200B
	US DOLLAR / RUSSIAN ROUBLE	92.24 RUB	-0.08%	-1.93%	-

Latest news about Huhtamäki Oyj

Finland's Huhtamäki to Close Malaysian Site Under Consolidation Plan	Apr. 23	MT
Huhtamaki Announces Closing Its Production Site in Port Klang, Malaysia	Apr. 23	CI
Huhtamaki Announce Marina Madanat Leaves as Executive Vice President, Strategy and Business Development, Effective October 8, 2024	Apr. 12	CI
Factbox-Companies sell their businesses in Russia	Mar. 28	RE
Huhtamäki Oyj Announces to Close its Production Sites in Tianjin and Shanghai	Mar. 05	CI
Huhtamäki Oyj Plans to Consolidate Its Production Footprint in China	Mar. 05	CI
SAP board chair designate to resign, Ala-Pietila nominated as successor	Feb. 11	RE
Transcript : Huhtamäki Oyj, Q4 2023 Earnings Call, Feb 08, 2024	Feb. 08
Huhtamäki Oyj Proposes Dividend for the Financial Period Ended on December 31, 2023 in Two Installments, Payable on May 7, 2024 and October 8, 2024 Respectively	Feb. 08	CI
Huhtamäki Oyj Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 07	CI
Huhtamäki Oyj Announces Final Tender Offer Results	Nov. 21	CI
Huhtamäki Issues EUR300 Million of Senior Unsecured Bond	Nov. 17	MT
Huhtamäki Oyj Issues a EUR 300 Million Senior Unsecured Bond	Nov. 16	CI
Finland's Huhtamäki Divests Indian Property for EUR47 Million	Nov. 10	MT
Transcript : Huhtamäki Oyj, Q3 2023 Earnings Call, Oct 20, 2023	23-10-20
Huhtamäki Oyj Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-20	CI
Huhtamäki Oyj Announces Executive Changes	23-09-27	CI
Huhtamäki Oyj(HLSE:HUH1V) dropped from FTSE All-World Index	23-09-18	CI
Companies sell their businesses in Russia	23-08-25	RE
Transcript : Huhtamäki Oyj, H1 2023 Earnings Call, Jul 20, 2023	23-07-20
Huhtamäki Oyj Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-20	CI
Huhtamäki Oyj Appoints Johan Rabe as Executive Vice President, Digital and Process Performance and A Member of the Global Executive Team, as of August 1, 2023	23-07-20	CI
Finland’s Huhtamäki to Spend $30 Million on Planned US Facility Expansion	23-07-18	MT
Packaging Company Huhtamäki to Close One of Two Facilities in Czech Republic	23-06-08	MT
Finland's Huhtamaki Secures EUR125 Million Sustainability-linked Term Loan	23-05-22	MT

Chart Huhtamäki Oyj

Duration

Period

More charts

Company Profile

Huhtamaki Oyj specializes in developing, manufacturing and marketing paper, cardboard and plastic packaging. Net sales break down by market as follows: - outside catering (59.7%): disposable packaging and tableware for the fast-food professionals and vending machine. Net sales break down by geographic area between North America (58.5%) and Europe/Asia/Oceania (41.5%); - food processing industry and consumer goods (40.3%): flexible packaging, films, molded fiber packaging, etc. for the packaging of food, cosmetics, household products, etc. Net sales are distributed geographically as follows: Finland (1.8%), the United States (34.9%), Germany (10.5%), the United Kingdom (7.8%), India (6.3%), Turkey (4.2%), Australia (4.2%) , Thailand (3.8%), Poland (3%), South Africa (2.8%), Czech Republic (2.5%), and other (18.2%).

Sector

Paper Packaging

Calendar

01:30am - Q1 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR)

More about the company

Income Statement Evolution

More financial data

Ratings for Huhtamäki Oyj

Trading Rating

Investor Rating

ESG Refinitiv

A-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

36.52 EUR

Average target price

41.49 EUR

Spread / Average Target

+13.61%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Paper Packaging

	1st Jan change	Capi.
HUHTAMÄKI OYJ	-1.33%	4.09B
PACKAGING CORPORATION OF AMERICA	+4.93%	15.49B
WESTROCK COMPANY	+12.04%	12.2B
INTERNATIONAL PAPER COMPANY	-7.10%	11.96B
SMURFIT KAPPA GROUP PLC	+11.01%	11.09B
STORA ENSO OYJ	+1.36%	10.5B
GRAPHIC PACKAGING HOLDING COMPANY	+10.79%	8.39B
MONDI PLC	-11.75%	8.31B
SIG GROUP AG	-2.12%	8.02B
SONOCO PRODUCTS COMPANY	+0.72%	5.56B

Other Paper Packaging

Huhtamäki Oyj

Equities

HUH1V

FI0009000459

Paper Packaging

Finland's Huhtamaki sells Russia business for $151 million

Stocks mentioned in the article

EPS Revisions