Huhtamaki Oyj : expects first quarter 2009 Group EBIT to be well above the
previous year in spite of lower sales
04/03/2009| 06:20am US/Eastern
HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 3.4.2009 AT 13:20
The start of the year in Huhtamaki's markets has been characterized
by uncertainty which has dampened sales. Due to good cost containment
and better operational control it is expected, however, that the
Group EBIT during January 1 - March 31, 2009 will be well above the
EUR 20 million in the corresponding period in 2008.
Full year sales outlook remains uncertain and pressure on margins is
expected to increase during the course of the year.
The Interim Report for January 1 - March 31, 2009 will be published
on April 23, 2009.
Mr. Timo Salonen, CFO, tel. +358 (0)10 686 7880
Huhtamaki Group is a leading manufacturer of consumer and specialty
packaging with 2008 net sales totaling EUR 2.3 billion. Consumer
goods and foodservice markets are served by some 14,600 people in 65
manufacturing units and several sales offices in 35 countries. The
parent company, Huhtamäki Oyj, has its head office in Espoo, Finland
and is listed on the NASDAQ OMX Helsinki Ltd. Additional information
is available at www.huhtamaki.com.
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