Huhtamaki Oyj - Company Profile
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Huhtamaki Oyj (Huhtamaki) is a provider of packaging solutions. The company carries out the design, manufacture, and distribution of food and beverage packaging, fiber-based packaging products as well as packaging for other consumer goods. Huhtamaki offers a range of products and services including paper cups, plates, trays, flexible packaging, and labels. Its key brands include Chinet, BioWare, and Durables. Huhtamaki serves customers across various industries including food and beverage, quick-service restaurants, retail, healthcare, and personal care. Huhtamaki has manufacturing facilities and sales offices across several countries in the Americas, Asia-Pacific, the Middle East and Europe. Huhtamaki is headquartered in Espoo, Finland.
Headquarters
Finland
Address
Revontulenkuja 1, Espoo, 02100
Website
www.huhtamaki.com
Telephone
358 10 6867000
No of Employees
17,910
Industry
Paper and Packaging
Ticker Symbol & Exchange
HUH1V (HEL)
Revenue (2022)
$4.5B
-6.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-25.3%
(2022 vs 2021)
Market Cap*
$4.1B
Net Profit Margin (2022)
XYZ
-19.8%
(2022 vs 2021)
* As of and is in US$
Huhtamaki Oyj premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Cups | Chinet |
| Containers | Blueloop |
| Barrier Sheets | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In March, the company announced its plans to streamline its production operations in China in the Fiber Foodservice Europe-Asia-Oceania segment. |
| 2023 | New Products/Services | In November, the company launched fiber-based egg cartons made from 100% recycled material. |
| 2023 | Asset Disposal | In November, the company sold its real estate in Thane, India. |
Competitor Comparison
| Key Parameters | Huhtamaki Oyj | Stora Enso Oyj | Graphic Packaging Holding Co | Sonoco Products Co | SIG Combibloc Group Ltd |
|---|---|---|---|---|---|
| Headquarters | Finland | Finland | United States of America | United States of America | Switzerland |
| City | Espoo | Helsinki | Atlanta | Hartsville | Neuhausen Am Rheinfall |
| State/Province | - | - | Georgia | South Carolina | - |
| No. of Employees | 17,910 | 19,842 | 23,500 | 23,000 | 7,786 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kerttu Tuomas | Vice Chairman | Executive Board | 2017 | 66 |
| Charles Heaulme | Chief Executive Officer; President | Senior Management | 2019 | 57 |
| Thomas Geust | Chief Financial Officer | Senior Management | 2013 | 50 |
| Ann O’Hara | President - North America | Senior Management | 2021 | 53 |
| Pekka Ala-Pietila | Chairman | Non Executive Board | 2012 | 66 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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