Huhtamaki Oyj (OTCPK:HOYFF)

$ 39.1449 -2.5551 (-6.13%) Market Cap: 4.04 Bil Enterprise Value: 5.53 Bil PE Ratio: 15.73 PB Ratio: 2.09 GF Score: 85/100

Q4 2023 Huhtamaki Oyj Earnings Call Transcript

Feb 08, 2024 / 07:30AM GMT

Release Date Price: $41.7 (+4.56%)

Transcript

Kristian Tammela Huhtamaki Inc;VP of IR

Good morning to all, and welcome to Huhtamaki Oyj investor call. My name is Kristian Tammela, VP of IR. We have this morning released the results for Q4 and full year 2023, along with the proposals for the AGM, including the dividend. We will again start with presentations by our President and CEO, Charles Heaulme, followed by our CFO, Thomas Geust and after that, we have time for some questions. And with that, let's get started and handing over to Charles.

Charles Heaulme

Huhtamaki Inc - President and Chief Executive Officer

Thank you, Kristian Good morning to all of you, and thank you for joining us this morning and happy to report to all of you that in Q4 and for the full year of 2023, we delivered a strong cash flow and a strong margin improvement.

I would like to start as usual a couple of words of introduction on the business context and the outlines of our performance and our strategy execution from a market point of view, we have seen, as you know, a challenging first semester 2023, which was

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