Huhtamaki up on Q4 EBIT beat, forecast for easing 2024 conditions
08/02/2024 08:33
** Shares in Huhtamaki HUH1V.HE rise more than 5% after
the Finnish packaging maker beat Q4 EBIT forecast and guided for
better trading conditions in 2024
** Q4 EBIT of EUR 108 million ($116 million) was 8% above a
consensus compiled by Vara Research
** While the company still sees volatility in the market, it
says its "diversified product portfolio provides resilience" and
expects trading conditions to improve compared to last year
** The shares are on track for their best day in nearly 16
months, trading near the top of the pan-European STOXX 600 index
.STOXX
($1 = 0.9281 euros)
(Reporting by Agata Rybska)
((gdansk.newsroom@thomsonreuters.com;))