Better-than-feared earnings lift subdued Huhtamaki shares

Huhtamaki Oyj

29/04/2026 09:05

** Shares in Huhtamaki HUH1V.HE are up around 6% after the     Finnish food package maker posted its quarterly figures and kept its full-year outlook unchanged

** Inderes says the numbers might be better than investors had feared and notes that sentiment surrounding the stock was "subdued" ahead of the report

** Until Tuesday's close the stock was down 17% from its peak in February

** Jefferies says Q1 adjusted EBIT of EUR 94.5 million ($110.6 million) beat consensus by about 4%, helped by stronger-than-expected performance in Fiber and Other segments

** Inderes adds the company managed to offset headwinds from currency fluctuations and sluggish volume growth through strict cost control

** Shares on track for their best day since February 2025, if gains hold, and among best performers on STOXX .STOXX index

($1 = 0.8545 euros)

 (Reporting by Agnieszka Gosciak-Rabalska)

 ((zagnieszka.gosciak@thomsonreuter.com; +48 58 769 66 00;))