Huhtamäki Reports Stable Profit with Currency Headwinds in Q3 2025, Advances Cost Saving Program

Huhtamäki Oyj reported a 5% decline in net sales to EUR 970.6 million in Q3 2025, impacted chiefly by adverse currency fluctuations and a 1% decrease in comparable net sales. Despite this, adjusted EBIT remained robust at EUR 100.3 million, with the margin increasing slightly to 10.3%. The company faced currency-related earnings pressure and higher energy and IT costs but saw benefits from improved pricing and mix. Cash flow remained strong with capital expenditure down 26%, reflecting capital discipline. Huhtamäki continued to advance its cost-saving program targeting EUR 100 million in savings over three years. Segments Foodservice Packaging, North America, Flexible Packaging, and Fiber Packaging showed mixed results, with Fiber Packaging recording solid growth. Leadership changes included the appointment of Ralf K. Wunderlich as CEO and restructuring within the executive team. Huhtamäki maintained a strong strategic focus on sustainability, innovation, and profitability amid a challenging macroeconomic environment.