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

Q3 2019 Huhtamaki Oyj Earnings Call Transcript

Oct 23, 2019 / 12:00PM GMT
Release Date Price: $44.56 (+13.24%)
Calle Loikkanen;ki Oyj;Head of IR;Financial Communications
HuhtamÃ

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Good afternoon, ladies and gentlemen, and welcome to Huhtamäki's Q3 2019 results presentation. My name is Calle Loikkanen and I'm Head of Investor Relations. And today, President and CEO, Charles Héaulmé; and CFO, Thomas Geust, will walk us through the highlights of the quarter and the year so far. After the presentation, we will end with a Q&A session. But without any further ado, let's begin. So let me hand over to Charles.

Charles HÃ;aulmÃ;HuhtamÃ;ki Oyj;CEO;President

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Thank you, Calle. Good afternoon to all of you, and I'm very pleased to present to you the results for Q3 2019, whereas it says in the headline, we are delivering a continued strong net sales growth and as well an improved profitability.

If we start with the sales growth for the quarter 3, we are basically reporting a growth of 10%, which is actually a 7% comparable net sales

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