Huhtamäki Oyj to Propose Dividend for the Financial Period Ended on December 31, 2020, Payable on May 3, 2021 and October 8, 2021
February 11, 2021 at 01:30 am EST
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Huhtamäki Oyj announced that the Board of Directors proposes to the AGM that an aggregate dividend of EUR 0.92 per share be paid based on the balance sheet adopted for the financial period ended on December 31, 2020. The Board of Directors proposes that the dividend would be paid in two instalments. The first dividend instalment, EUR 0.46 per share, is proposed to be paid to shareholders registered in the Company's register of shareholders maintained by Euroclear Finland Ltd. on the record date for the first dividend instalment April 26, 2021. The Board of Directors proposes that the payment date for the first dividend instalment would be May 3, 2021. The second dividend instalment, EUR 0.46 per share, is proposed to be paid to shareholders registered in the Company's register of shareholders maintained by Euroclear Finland Ltd. on the record date for the second dividend instalment October 1, 2021. The Board of Directors proposes that the payment date for the second dividend instalment would be October 8, 2021.
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%).
HUHTAMÄKI OYJ 
