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    HUH1V   FI0009000459

HUHTAM─KI OYJ

(HUH1V)
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Huhtamaki Launches Push Tab« Paper, an Industry-First Sustainable Renewable Paper-Based Blister Solution, Ideal for the Global Healthcare Industry

07/28/2021 | 02:00am EDT

Huhtamaki launches Push Tab®paper, an industry-first sustainable renewable paper-based blister solution, ideal for the global healthcare industry. Huhtamaki announce a breakthrough innovation for the pharmaceutical and healthcare industry. Push Tab® paper, the first paper-based tablet packaging, is made from renewable FSC™ certified paper and is designed to meet the stringent safety requirements of regulated pharmaceutical packaging. It provides customers a more sustainable alternative to traditional push-through packaging made of thermoformed PVC and aluminium and also helps to reduce environmental impact throughout the value chain. Push Tab® paper tablet packaging has more than 75% paper-based material sourced from FSC™ certified suppliers in Europe. Combining it with advanced barrier coating technology, Huhtamaki successfully makes the sustainable paper packaging sealable without compromising the safety, functionality, or protective properties compared to traditional mono PVC (Polyvinyl Chloride) blisters. A special mechanical treatment allows consumers to push the tablet through easily without damaging the product inside. The material is further processed and formed with Syntegon's unique paper shaping technology and machinery. The German Packaging Institute recognized Push Tab® Paper with the 2021 German Packaging Award for sustainability on 27thJuly 2021. This recognition affirms the value of Huhtamaki's and Syntegon's commitment to sustainable and innovative packaging concepts.


ę S&P Capital IQ 2021
All news about HUHTAM─KI OYJ
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Financials
Sales 2021 3 457 M 4 051 M 4 051 M
Net income 2021 216 M 253 M 253 M
Net Debt 2021 922 M 1 080 M 1 080 M
P/E ratio 2021 20,1x
Yield 2021 2,31%
Capitalization 4 313 M 5 051 M 5 054 M
EV / Sales 2021 1,51x
EV / Sales 2022 1,40x
Nbr of Employees 18 200
Free-Float 92,8%
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Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 41,33 €
Average target price 47,43 €
Spread / Average Target 14,8%
EPS Revisions
Managers and Directors
Charles HÚaulmÚ President & Chief Executive Officer
Thomas Christer Joachim Geust Chief Financial Officer
Pekka Juhani Ala-Pietilń Chairman
Antti Valtokari EVP-Information Technology & Process Performance
William Robert Barker Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
HUHTAMÄKI OYJ-2.20%5 051
INTERNATIONAL PAPER COMPANY14.58%22 266
SMURFIT KAPPA GROUP PLC23.37%14 196
WESTROCK COMPANY15.90%13 470
PACKAGING CORPORATION OF AMERICA3.47%13 381
MONDI PLC8.43%12 359