Huhtamaki Oyj (OHEL:HUH1V)
€ 37.06 -0.34 (-0.91%) Market Cap: 3.88 Bil Enterprise Value: 5.15 Bil PE Ratio: 20.62 PB Ratio: 2.08 GF Score: 89/100
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Q1 2019 Huhtamaki Oyj Earnings Call Transcript

Apr 25, 2019 / 12:00PM GMT
Release Date Price: €36.03 (+12.38%)
Katariina Hietaranta;ki Oyj;Head of Group Communications;IR
HuhtamÃ

¤-&

Good afternoon, and welcome to Huhtamäki Quarter 1 Earnings Call. Without further delay, I'll hand over to our CFO, Thomas Geust, who will present today. Go ahead, Thomas.

Thomas Geust;ki Oyj;CFO
HuhtamÃ

¤-

Good afternoon from my side as well. So I'll start off immediately on Slide #2, which states total -- strong total net sales growth indicating on the 11% growth, which is growing in all elements or all categories.

So we have 5% coming from organic growth, with all segments contributing 5% comparable growth for total level where we ended up on full year basis 2018. So growth is continuing strongly.

We have an additional 3% growth coming from acquisitions. You recall that, we -- in 2018, we acquired 3 new businesses. So it's Tailored Packaging in Australia, CupPrint in Ireland and Ajanta for the Flexible segment in India. The 2 first ones was -- were invested into foodservice.

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