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Huhtamaki publishes 2025 Half-yearly Report on July 24, 2025
Globenewswire· 2025-07-08 06:00
Company Overview - Huhtamaki Oyj is a leading global provider of sustainable packaging solutions, focusing on food and beverage safety, hygiene, and waste prevention [3][4] - The company has over 100 years of history and operates in 36 countries with around 18,000 professionals [4] Financial Information - In 2024, Huhtamaki's net sales totaled EUR 4.1 billion [4] Upcoming Events - Huhtamaki will publish its 2025 Half-yearly Report on July 24, 2025, at approximately 8:30 EEST [1] - A combined audiocast and teleconference will be held on the same day at 9:30 EEST, featuring presentations from the CEO and CFO [2] - An on-demand replay of the audiocast will be available shortly after the call [3]
International Paper Completes Divestiture of Five European Corrugated Box Plants to Satisfy Regulatory Commitments from the Acquisition of DS Smith Plc
Prnewswire· 2025-07-01 10:06
Core Viewpoint - International Paper has completed the divestiture of five European plants to PALM Group to meet regulatory commitments from its acquisition of DS Smith Plc [1][2]. Group 1: Company Overview - International Paper is a global leader in sustainable packaging solutions, headquartered in Memphis, Tennessee, with operations in over 30 countries and more than 65,000 employees [3]. - The company reported net sales of $18.6 billion for 2024 and acquired DS Smith in 2025, enhancing its position in the North American and EMEA regions [3]. Group 2: Details of the Divestiture - The divestiture includes three plants in Normandy, France, one box plant in Ovar, Portugal, and one box plant in Bilbao, Spain [1]. - This sale was part of the agreement with the European Commission to satisfy obligations related to the acquisition of DS Smith Plc [2]. Group 3: About PALM Group - PALM is a family-owned company based in Aalen, Germany, and is a leading European producer of containerboard, graphic paper, and corrugated packaging [4]. - In 2024, PALM operated five paper mills and 33 corrugated box plants in Europe, employing 4,200 people and achieving a turnover of €2 billion [4].
Composition of Huhtamaki’s Shareholders’ Nomination Board
Globenewswire· 2025-06-30 07:45
HUHTAMÄKI OYJ PRESS RELEASE 30.6.2025 AT 10:45 EEST Composition of Huhtamaki’s Shareholders’ Nomination Board The following composition of Huhtamäki Oyj’s Shareholders’ Nomination Board has been confirmed: Susanna Pettersson (Chair), appointed by The Finnish Cultural FoundationMarkus Aho, appointed by Varma Mutual Pension Insurance CompanyEsko Torsti, appointed by Ilmarinen Mutual Pension Insurance CompanyJonna Ryhänen, appointed by Elo Mutual Pension Insurance CompanyPekka Vauramo (Expert member), Chair of ...
The Eastern pany(EML) - 2025 FY - Earnings Call Presentation
2025-06-27 07:59
© 2024 The Eastern Company 1 Ryan Schroeder President and Chief Executive Officer Change agent committed to accelerating operational and financial improvements and drive growth through M&A 2 • 20+ years of experience in manufacturing and leadership roles • Joined Eastern in 2024 • Previously CEO of Plaskolite LLC (2020-2023) and President of IMI Norgren (2016-2020) • Experience in a variety of roles at Parker Hannifin (2003-2016) • MBA University of Minnesota and BA from Michigan State University 2024 Resul ...
International Paper Announces Strategic Changes to Support Growth in North America
Prnewswire· 2025-06-26 17:05
Company to Exit Molded Fiber Business; Additional Facility Changes PlannedMEMPHIS, Tenn., June 26, 2025 /PRNewswire/ -- International Paper (NYSE: IP; LSE: IPC), a global leader in sustainable packaging, today announced a series of strategic changes to strengthen its North American operations and better serve customers.As part of this initiative, the company will: Exit the molded fiber business and convert the Reno, Nev. facility to support its packaging business Close its packaging facility in Marion, Ohio ...
International Paper to Release Second-Quarter Earnings on July 31, 2025
Prnewswire· 2025-06-25 21:00
MEMPHIS, Tenn., June 25, 2025 /PRNewswire/ -- International Paper (NYSE: IP) will release second-quarter earnings on July 31, 2025, before the opening of the New York Stock Exchange.The company will host a webcast to discuss earnings and current market conditions, beginning at 10 a.m. ET (9 a.m. CT). All interested parties are invited to listen to the webcast via the company's website by clicking on the Investors tab and going to the Events & Presentations page at https://www.internationalpaper.com/investor ...
Change in Huhtamaki’s Global Executive Team
Globenewswire· 2025-06-18 12:00
Johan Rabe, Executive Vice President, Digitalization and Process Performance, and a member of the Huhtamaki Global Executive Team, has decided to leave Huhtamaki to pursue other career opportunities. Johan will continue with Huhtamaki to help ensure a smooth transition by the end of this year. His successor will be announced in due course. HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 18.6.2025 AT 15:00 (EEST) Change in Huhtamaki's Global Executive Team Huhtamaki is a leading global provider of sustainable packaging ...
IP Eyes Salt Lake City to Build New Sustainable Packaging Facility
ZACKS· 2025-06-04 17:31
Core Insights - International Paper (IP) is planning to develop a new sustainable packaging facility in Salt Lake City, UT, as part of its strategy to expand its manufacturing footprint in the U.S. [1][9] - The new facility will utilize advanced technology to provide innovative and sustainable packaging solutions to customers in the western U.S. [2][9] - IP has recently initiated construction on a state-of-the-art sustainable packaging plant in Waterloo, IA, which is expected to be a key component of its North American operations [3][4] Facility Developments - The Waterloo plant is set to be the largest greenfield box plant for IP and will primarily serve the protein segment, focusing on high-quality sustainable packaging [4] - Operations at the Waterloo facility are anticipated to commence in late 2026 [4] Market Positioning - Following the acquisition of DS Smith in January 2025, IP has positioned itself as a global leader in sustainable packaging, enhancing its portfolio and geographic presence [5] - The Total Addressable Market (TAM) for North America is approximately $50 billion, while EMEA's TAM is around $40 billion, both with a long-term growth rate of 3-4% [6] Growth Drivers - IP aims to exceed market growth by leveraging trends such as the rise of e-commerce, increasing demand for sustainable packaging, and the transition from plastic to paper-based alternatives [7] - There is a growing need for cost-effective and reliable fresh food packaging, as well as innovative retail-ready packaging solutions, which are expected to support long-term growth [7] Stock Performance - Over the past year, IP's stock has declined by 12.1%, compared to a 10.8% decline in the industry [8]
International Paper to Explore Building a New State-of-the-Art Sustainable Packaging Facility in Salt Lake City, Utah
Prnewswire· 2025-06-03 12:30
MEMPHIS, Tenn., June 3, 2025 /PRNewswire/ -- International Paper (NYSE: IP; LSE: IPC), a global leader in sustainable packaging, today announced the strategic exploration of a new sustainable packaging facility in Salt Lake City, Utah. The exploration of a prospective new facility is part of International Paper's strategic growth plans to expand manufacturing capabilities in the United States. The company is eyeing Utah to increase its footprint in the region and better serve customers by meeting the growin ...
Axel Glade to join Huhtamaki as President, Flexible Packaging on July 1, 2025
Globenewswire· 2025-05-27 07:00
Group 1 - Huhtamaki has appointed Axel Glade as President of the Flexible Packaging segment, effective July 1, 2025, earlier than previously announced [1] - Axel Glade will report to Ralf K. Wunderlich, the President & CEO, and will be based in Espoo, Finland [1] - Glade joins Huhtamaki from Constantia Flexibles, where he served as Executive Vice President of the Film Division [1] Group 2 - The Global Executive Team will include Ralf K. Wunderlich (Chair), Fredrik Davidsson, Sara Engber, Thomas Geust, Axel Glade, Ann O'Hara, Sami Pauni, Johan Rabe, Ingolf Thom, and Changsheng Wu [2] - Huhtamaki is a leading global provider of sustainable packaging solutions, focusing on hygiene, safety, accessibility, affordability, and food waste prevention [3] - The company has over 100 years of history, operates in 36 countries with around 18,000 professionals, and reported net sales of EUR 4.1 billion in 2024 [4]