Huhtamäkis report in line with expectations
Pinpointkonsensus ahead of Huhtamäkis Q3-report is based on 8 estimates.
Net sales
Huhtamäki reported net sales of 1 026 MEUR, a decrease of -1.06% from the previous year's 1 037 MEUR. Compared to the Pinpoint consensus of 1 053 MEUR the result is in line with expectations with a difference of -2.56%
EBIT
EBIT amounted to 95.1 MEUR, an increase of 2.48% from the previous year's 92.8 MEUR. Compared to the Pinpoint consensus of 98.76 MEUR the result is in line with expectations with a difference of -3.71%.
Margin
The result corresponds to a margin 9.27% compared to 8.95% the previous year and the expected 9.38%.
EBIT includes -7.3 MEUR of items affecting comparability, including costs of implementing operational efficiency measures.
Pinpoint Estimates is an open platform that compiles estimates from investors and analysts ahead of publicly traded companies' quarterly and annual reports. Contributors are given different weights in the consensus based on their historical accuracy.