Finland's Huhtamaki Q2 net sales flat, comparable growth 2%

Huhtamaki Oyj

23/07/2026 06:41

    

    Overview
  
Finland packaging supplier's Q2 net sales flat yr/yr, comparable growth at 2%
Adjusted EBIT and adjusted EPS both rose slightly despite adverse currency impacts
Flexible and Fiber Packaging segments drove gains, while North America faced operational challenges

    

    Outlook
  
Company expects trading conditions to remain relatively stable during 2026

    

    Result Drivers
  
FLEXIBLE PACKAGING GROWTH - Volume growth and cost savings in Flexible Packaging supported higher net sales and adjusted EBIT
NORTH AMERICA WEAKNESS - Lower sales and operational challenges in North America negatively impacted adjusted EBIT and cash flow
CURRENCY AND COST PRESSURES - Adverse currency movements and higher transportation and energy costs weighed on results, partly offset by efficiency improvements

    
Company press release: ID:nGNE9pmMq

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Sales
 
EUR 1.009 bln
 
Q2 Adjusted EPS
 
EUR 0.64
 
Q2 EPS
 
EUR 0.43
 
Q2 Adjusted EBITDA
 
EUR 151.70 mln
 
Q2 Adjusted EBIT
 
EUR 103.70 mln
 
Q2 EBITDA
 
EUR 141.10 mln
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the paper packaging peer group is "buy"
Wall Street's median 12-month price target for Huhtamaki Oyj is €35.50, about 29.8% above its July 22 closing price of €27.36
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

    

    Reuters Recommended Reads
  
July 22 - Packaging Corp Q2 adjusted EPS falls less than expected, helped by strong demand
July 22 - Sonoco Q2 profit beats estimates driven by Industrial Paper Packaging

    
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)