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Huhtamaki extends the maturity of EUR 450 million sustainability-linked syndicated revolving credit facility for a further period of one year
Globenewswire· 2025-10-27 10:10
Huhtamaki extends the maturity of EUR 450 million sustainability-linked syndicated revolving credit facility for a further period of one year HUHTAMÄKI OYJ PRESS RELEASE 27.10.2025 AT 12:10 EET Huhtamäki Oyj has signed a confirmation to extend the maturity of a EUR 450 million sustainability-linked syndicated revolving credit facility loan agreement for a further period of one year in accordance with the extension option of the loan agreement. The new termination date is November 8, 2030. The credit facilit ...
Huhtamäki Oyj’s Interim Report January 1–September 30, 2025: Underlying profit improvements offset by adverse currency impact
Globenewswire· 2025-10-23 05:30
Core Insights - Huhtamaki Oyj reported a decrease in net sales by 5% to EUR 970.6 million in Q3 2025, primarily due to adverse currency impacts, with comparable net sales growth at -1% [3][6][10] - The company experienced a decline in reported EBIT to EUR 91.6 million, down from EUR 95.1 million in Q3 2024, while adjusted EBIT was EUR 100.3 million, reflecting a 2% decrease [6][10][18] - Despite challenging market conditions, the company improved its adjusted EBIT margin to 10.3% from 10.0% in the previous year, driven by cost-saving initiatives [10][11][17] Q3 2025 Financial Performance - Net sales decreased to EUR 970.6 million from EUR 1,026.2 million, with a comparable net sales growth of -1% [3][6] - Adjusted EBITDA was EUR 151.7 million, a slight decrease of 1% from EUR 153.1 million in Q3 2024 [3][6] - Reported EPS was EUR 0.56, down from EUR 0.57, while adjusted EPS was EUR 0.62, a decrease from EUR 0.63 [6][18] Business Segment Performance - Foodservice Packaging segment saw a 3% decline in net sales to EUR 240.0 million, while North America experienced an 8% decrease to EUR 331.2 million [13][22] - Flexible Packaging net sales decreased by 7% to EUR 309.8 million, whereas Fiber Packaging reported a 5% increase to EUR 92.4 million [13][22] - Adjusted EBIT for Fiber Packaging increased by 43% to EUR 11.6 million, while North America's adjusted EBIT decreased by 31% to EUR 34.2 million [16][24] Year-to-Date Financial Overview - For the first three quarters of 2025, net sales totaled EUR 2,979.6 million, down 3% from EUR 3,067.6 million in the same period of 2024 [22][24] - Adjusted EBIT for the year-to-date period was EUR 301.8 million, a decrease of 2% compared to EUR 306.7 million in 2024 [24][28] - The Group's adjusted EBIT margin for the first three quarters improved to 10.1% from 10.0% in the previous year [26][28] Strategic Focus and Outlook - The company continues to focus on capital discipline and strategic growth areas despite challenging market conditions [12][30] - The financial position remains strong, allowing the company to pursue profitable growth opportunities [30][34] - The outlook for 2025 remains unchanged, with expectations of stable trading conditions [30]
International Paper CEO to Speak at Baird 2025 Global Industrial Conference
Prnewswire· 2025-10-16 20:05
Core Insights - International Paper's CEO Andy Silvernail will present at the Baird 2025 Global Industrial Conference on November 11, 2025, at 9:30 a.m. ET, followed by a Q&A session [1] - Interested parties can access the webcast on the company's website, with a replay available approximately three hours after the presentation [2] - International Paper is a global leader in sustainable packaging solutions, headquartered in Memphis, Tennessee, with operations in over 30 countries and employing more than 65,000 team members [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 markets [3] - A quarterly dividend of $0.4625 per share has been declared for the period from October 1, 2025, to December [4] - The company will release its third-quarter earnings on October 30, 2025, before the opening of the New York Stock Exchange [5]
Huhtamaki publishes its Q3 2025 Interim Report on October 23, 2025
Globenewswire· 2025-10-08 06:15
HUHTAMÄKI OYJ PRESS RELEASE 8.10.2025 AT 9:15 EEST Huhtamäki Oyj will publish its Q3 Interim Report on Thursday, October 23, 2025, approximately at 8:30 Finnish time (EEST). The release and related results presentation material will be available after publishing at www.huhtamaki.com/investors. Huhtamaki will arrange a combined audiocast and teleconference on the same day at 9:30 EEST. Huhtamaki’s President & CEO Ralf K. Wunderlich and CFO Thomas Geust will present the results, followed by a Q&A session. The ...
Huhtamaki's financial reporting 2026
Globenewswire· 2025-09-17 10:15
Financial Reporting Schedule - Huhtamaki will publish its financial results for 2025 on February 13, 2026 [1] - The annual report for 2025 will be released during the week commencing March 2, 2026 [1] - Interim reports for the year 2026 will be published on April 29, July 23, and October 29, covering the respective periods [1] - A silent period of four weeks will precede the publication of the 2025 results [1] Annual General Meeting (AGM) - The AGM is scheduled for April 29, 2026, with the Board of Directors to summon it at a later date [2] - Shareholders can request agenda items for the AGM by sending a written request to the Board by March 10, 2026 [2] Company Overview - Huhtamaki is a leading global provider of sustainable packaging solutions, focusing on hygiene, safety, and food waste prevention [3] - The company has over 100 years of history and operates in 36 countries with around 18,000 professionals [4] - In 2024, Huhtamaki's net sales reached EUR 4.1 billion [4] - The company is listed on Nasdaq Helsinki, with its headquarters located in Espoo, Finland [4]
Huhtamaki’s financial reporting 2026
Globenewswire· 2025-09-17 10:15
Financial Reporting Schedule - Huhtamaki will publish its financial results for 2025 on February 13, 2026 [1] - The annual report for 2025 will be released during the week commencing March 2, 2026 [1] - Interim reports for the year 2026 will be published on April 29, July 23, and October 29, covering the respective periods [1] Annual General Meeting (AGM) - The AGM is scheduled for April 29, 2026, with the Board of Directors to summon it at a later date [2] - Shareholders can request agenda items for the AGM by sending a written request to the Board by March 10, 2026 [2] Company Overview - Huhtamaki is a leading global provider of sustainable packaging solutions, focusing on hygiene, safety, and food waste prevention [3] - The company has over 100 years of history and operates in 36 countries with approximately 18,000 professionals [4] - In 2024, Huhtamaki's net sales reached EUR 4.1 billion, and the company is listed on Nasdaq Helsinki [4]
Huhtamäki Oyj announces final results of voluntary tender offer for its notes maturing in 2026 and 2027
Globenewswire· 2025-09-02 09:40
Core Viewpoint - Huhtamäki Oyj has completed a Tender Offer for its outstanding notes maturing in 2026 and 2027, with significant amounts accepted for purchase [1][3][4]. Group 1: Tender Offer Details - The Tender Offer expired on September 1, 2025, and no further notes can be tendered for purchase [2]. - The Offeror will accept for purchase all validly tendered 2026 Notes, totaling EUR 159,500,000 [3]. - For the 2027 Notes, an aggregate nominal amount of EUR 125,000,000 will be accepted, subject to a proration factor of approximately 37.142% [4]. Group 2: Financial Terms - The 2026 Notes have a purchase price of 98.863 and a yield of 2.084% [6]. - The 2027 Notes have a purchase price of 102.884 and a yield of 2.288% [6]. - Accrued and unpaid interest will be paid on the Notes accepted for purchase [5]. Group 3: Settlement Dates - The settlement date for the 2027 Notes is September 3, 2025, while the settlement date for the 2026 Notes is September 4, 2025 [7]. Group 4: Company Overview - Huhtamäki is a global provider of sustainable packaging solutions, with a history of over 100 years and operations in 36 countries [10]. - The company reported net sales of EUR 4.1 billion in 2024 and is listed on the Nasdaq Helsinki [10].
Huhtamäki Oyj announces indicative results of voluntary tender offer for its notes maturing in 2027
Globenewswire· 2025-09-02 08:00
Core Viewpoint - Huhtamäki Oyj has announced the results of its tender offer for the 2027 Notes, indicating an intention to accept EUR 125 million in aggregate principal amount of the notes tendered for purchase, with a proration factor of approximately 37.142% [3][4]. Group 1: Tender Offer Details - The tender offer for the 2027 Notes expired on September 1, 2025, at 6:00 p.m. Finnish time, and no further notes can be tendered for purchase [2]. - The Offeror has the discretion to decide the final amount of 2027 Notes accepted for purchase, which may include not accepting any purchases [4]. - The final results of the tender offer will be announced after the pricing time on September 2, 2025, around 12:00 noon Finnish time [5]. Group 2: Company Overview - Huhtamäki is a leading global provider of sustainable packaging solutions, focusing on hygiene, safety, and reducing food waste [6]. - 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 [7].
Inside information: Huhtamäki Oyj considers the issuance of new notes and announces a voluntary tender offer for its outstanding notes maturing in 2026 and 2027
Globenewswire· 2025-08-25 08:45
Core Viewpoint - Huhtamäki Oyj is planning to issue new euro-denominated fixed rate notes and has announced a voluntary tender offer for its outstanding notes maturing in 2026 and 2027 [2][3]. Group 1: New Notes Issuance - The company intends to issue new notes under a EUR 2 billion Euro Medium Term Note Programme, with an expected issue amount of EUR 300 million [2]. - BNP Paribas, J.P. Morgan, OP Corporate Bank, and SEB are acting as Joint Bookrunners for the transaction [2]. Group 2: Tender Offer Details - OP Corporate Bank plc is inviting holders of outstanding notes maturing in 2026 and 2027 to sell their notes for cash [3]. - The tender offer will expire on September 1, 2025, at 6:00 p.m. Finnish time, and is subject to specific terms and conditions outlined in the Tender Offer Memorandum [4]. - The Offeror will determine the purchase prices for the accepted notes on or around September 2, 2025 [5]. Group 3: Outstanding Notes Information - The outstanding notes include EUR 175 million of 1.125% senior unsecured notes due November 20, 2026, and EUR 500 million of 4.250% sustainability-linked senior unsecured notes due June 9, 2027 [6]. - The tender offer for the 2026 notes is for any and all amounts, while for the 2027 notes, it is up to EUR 100 million in nominal amount [6]. Group 4: Company Overview - Huhtamäki is a leading global provider of sustainable packaging solutions, with a focus on protecting food and beverages and preventing food waste [8]. - The company has over 100 years of history, operates in 36 countries, and reported net sales of EUR 4.1 billion in 2024 [9].
Huhtamäki Oyj establishes a Euro Medium Term Note programme
Globenewswire· 2025-08-22 06:00
Group 1 - Huhtamäki Oyj has established a EUR 2 billion Euro Medium Term Note (EMTN) programme, approved by the Central Bank of Ireland on August 21, 2025 [1][2] - The net proceeds from the notes issued under the EMTN programme will be utilized for general corporate purposes [2] - Huhtamäki is a leading global provider of sustainable packaging solutions, focusing on hygiene, safety, and preventing food waste [3] Group 2 - Huhtamäki 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]