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Huhtamäki is a world leader in speciality consumer packaging. It has 17,000 employees in over 30 countries and net sales of ca. EUR 2,5 billion. Huhtamäki Oyj is listed on the Helsinki Stock Exchange. The companys headquarters are in Espoo, Finland.

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Interim report january 1 - june 30, 2003

HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE JULY 25, 2003 AT 13.10 1/9 ENCOURAGING VOLUME DEVELOPMENT, MARGINS STILL UNDER PRESSURE Interim Report January 1 - June 30, 2003 Huhtamaki, the consumer packaging specialist, continued to see an encouraging volume development in the second quarter of 2003. The reported net sales amounted to EUR 556 million, 9% below prior. Sales volumes were up by 3% while currency translations depressed the sales figure by 9% and price/mix by a further 3%. The operating profit before amortization (EBITA) of EUR 42 million (-39%) was impacted by continued margin pressure

Huhtamaki's first quarter in line with expectations - sales volume up by 3%

HUHTAMAKI'S FIRST QUARTER IN LINE WITH EXPECTATIONS - SALES VOLUME UP BY 3% Consumer packaging specialist Huhtamaki (HEX symbol: Huh1V) performed to expectations amidst the challenging market conditions of early 2003. Driven by strong progress in Europe and Asia, the company's sales volume increased by 3% in the first quarter. On the other hand, the strengthening of the Euro depressed the sales figures by 9%, and price and sales mix changes by 1%. Hence, the company's reported net sales in the first quarter amounted to EUR 519 million, 7% below the corresponding figure in 2002. European

HUHTAMAKI#S EPS IMPROVES 17% DIVIDEND PROPOSAL EUR 0.38 (+ 22%)

Results 2002 HUHTAMAKI'S EPS IMPROVES 17% DIVIDEND PROPOSAL EUR 0.38 (+ 22%) In 2002, consumer packaging specialist Huhtamaki posted the best results in its history despite a slowdown evident through the second half of the year. Earnings per share (before amortization) improved by 17%, and the Board proposes a 22% dividend increase. The company's comparable sales remained steady. The decline in reported sales reflects adverse currency translations and structural changes. Strong demand for flexible packaging, specialty films and molded fiber products in Europe accelerated volume growth in

Huhtamäki Oyj Interim Report January 1-September 30, 2002

Huhtamäki Oyj Interim Report January 1 - September 30, 2002 Against the backdrop of a deteriorating world economy, consumer packaging specialist Huhtamaki reports steady sales volume and continued profit improvement in January-September 2002. In the third quarter, volume growth resumed in Europe and continued in Asia-Oceania-Africa. However, weak demand in North America, company disposals during 2001 and currency translations led to a 7% decline in the reported sales figure for the quarter. Group EBITA margin improved by 0.7 percentage points to 9.9% during the quarter and by 0.9 percentage

Huhtamaki proposes share split through a bonus issue

Huhtamaki proposes share split through a bonus issue The Board of Directors of Huhtamäki Oyj proposes to quadruple the number of company shares in issue in order to enhance the share's liquidity on the stock market. Technically, the share split will be carried out through a bonus issue, in which three new shares will be issued for each old share. The arrangement will consist of an increase in the company's share capital through a bonus issue, necessary revisions to the company's Articles of Association, as well as technical changes to the company's management stock option schemes. In the

Huhtamaki's strong profit improvement continued

Huhtamaki's strong profit improvement continued For consumer packaging specialist Huhtamaki, the second quarter of 2002 resulted in continued profit improvement despite soft market conditions leading to a slight decline in sales volume. Comparable sales were steady in Europe and declined in North America, while growth continued in the emerging markets of Asia, Oceania and Africa. The Group EBITA margin improved by a full percentage point in the second quarter, to 11.3%. This reflects concentration to quality business, rationalization benefits, as well as the successful management of plastic

Huhtamäki Oyj: Strong profit improvement in first quarter

Huhtamäki Oyj: Strong profit improvement in first quarter Consumer packaging specialist Huhtamaki reports improving margins and strong profit growth in the first quarter of 2002 against the corresponding period in 2001. Sales volumes met expectations in Europe and the Americas, and particularly good progress was evident in Asia. A slight decline in the reported sales reflects operations divested during 2001. The operating profit (EBITA) increased by 8% to EUR 49 million, 8.8% of net sales. EBITA from operations, which excludes net corporate income, advanced by 22%, and the corresponding

Full-year EPS up 17% after strong final quarter

Full-year EPS up 17% after strong final quarter A strong final quarter helped consumer packaging specialist Huhtamaki to good results in 2001. At EUR 2.4 billion, the company's annual net sales were 5% ahead of the corresponding pro forma figure for 2000, which excludes the industrial packaging operations divested in early 2001. The operating profit for the year advanced by 20% and earnings per share by 17%, to a record EUR 4.45 (before amortization). The favorable development is attributable to three factors: · Cost reduction, resulting from synergies and rationalization; · Incremental

Huhtamaki sells Turkish consumer flexibles operation

Huhtamaki sells Turkish consumer flexibles operation Huhtamaki, the Finnish consumer packaging specialist with worldwide operations, has agreed to sell its Turkish consumer flexibles unit, SAF Plastics, to an international investment consortium. This transaction concludes Huhtamaki's program of divesting non-core businesses. Based in Izmir, SAF currently employs approx. 250 people in the manufacture of printed packaging films and laminates, mainly for the non- food industry. Its annual sales amount to approx. EUR 22 million. The operation was part of Huhtamaki's 1999 acquisition of the

Huhtamaki´s earnings improvement and strong cash flow continued in third quarter

Huhtamaki's earnings improvement and strong cash flow continued in third quarter Consumer packaging specialist Huhtamaki reports continued sales growth, a clear earnings improvement and strong cash flow in the challenging third quarter of 2001. The Group's sales performed close to plan for most of the quarter, and total growth amounted to 3% against 2000 pro forma, despite a sharp drop in sales immediately after September 11. The corresponding operating profit (before amortization) advanced by 11%, reflecting sustained margin improvement. The January-September sales were up by 5% and

Huhtamäki Oyj: EGM approves lowering of share capital

HUHTAMäKI OYJ: EGM APPROVES LOWERING OF SHARE CAPITAL An Extraordinary Shareholders' Meeting of Huhtamäki Oyj, the Finnish consumer packaging company with worldwide operations, convened on October 10, 2001. The meeting approved the lowering of the company's share capital from EUR 107.018 million to EUR 86.033 million by invalidating a total of 6,172,015 company shares acquired by the company and a subsidiary. The amount corresponds to 19.6% of the shares in issue. The shareholders' meeting also approved amendments to the company's Articles of Association as proposed by the Board. The

Kalle Tanhuanpää appointed to Huhtamaki's Executive Committee as Chief Mar

Kalle Tanhuanpää appointed to Huhtamaki's Executive Committee as Chief Marketing Officer The Board of Directors of Huhtamäki Oyj has appointed Mr. Kalle Tanhuanpää (49) as an Executive Committee member and Chief Marketing Officer (CMO) with effect from January 1, 2002. He is currently President of Leaf Group, the international confectionery operation, which until 1999 was part of Huhtamaki. Mr. Tanhuanpää originally joined Huhtamaki in 1976 and has acquired an extensive international experience in developing and marketing branded consumer products. He has also formerly served on Huhtamaki's

Extraordinary Shareholders' Meeting on October 10, 2001

Huhtamäki Oyj: Extraordinary Shareholders' Meeting on October 10, 2001 The Board of Directors of Huhtamäki Oyj summons an extraordinary shareholders' meeting to decide on the lowering of the company's share capital and on related amendments to the company's Articles of Association. The meeting will be held on October 10, 2001. The Board's proposals are associated with the company's share repurchases and the termination of a shareholders' agreement between the Finnish Cultural Foundation and the Stichting Van Leer Group Foundation, following the latter Foundation's sale of its 4.6 million

Huhtamaki streamlines manufacturing in the U.S.

Huhtamaki streamlines manufacturing in the U.S. Huhtamaki, the global consumer packaging group, is announcing steps designed to consolidate its manufacturing operations in the United States. These measures, which include the closure of one plant and the relocation of several production lines, are part of Huhtamaki's overall program to streamline its manufacturing operations, currently conducted in well over 70 facilities worldwide. By increasing plant specialization and the scale of operations, they will improve manufacturing efficiencies and enhance customer service. The rigid plastics

Huhtamaki expects to continue share buyback program

Huhtamaki expects to continue share buyback program Huhtamäki Oyj has completed its first share buyback program, based on an authorization from the company's AGM to the Board of Directors. Under the program, which was launched in April 2001, the company has acquired from the market a total of 1,573,798 Huhtamaki shares, in total 5% of the shares in issue. Huhtamäki Oyj paid an average of EUR 30.44 per share for the acquired shares and spent a total of EUR 47.9 million in the program. In its next meeting in early September, the company´s Board of Directors will discuss a proposal to summon

A strong second quarter for Huhtamaki

A strong second quarter for Huhtamaki Huhtamaki, the consumer packaging specialist, reports steady sales growth and profit improvement during the second quarter of 2001. Net sales increased by 7% and earnings before interest and tax (EBIT) by 25% against the corresponding pro forma1) figures in 2000. Similar growth rates were evident in the Group's sales and earnings for the first half of 2001. Key figures Q2 Change H1 Change EUR million % % Net sales 649 7 1,220 7 EBITA 67 22 113 22 EBIT 56 25 91 26 Profit before minority interest and 44 5 65 7 taxes EPS (before amortization) (EUR) 1.35 7

Huhtamaki divests U.S. fruit packaging unit

Huhtamaki divests U.S. fruit packaging unit Huhtamaki, the Finnish consumer packaging manufacturer with worldwide operations, has completed the sale of the Fruit Packaging division of Huhtamaki Foodservice, Inc., a specialized U.S. fruit packaging unit, to Prospect Partners LLC, a private equity investment firm based in Chicago. The operation is located in Wenatchee, Washington and produces mainly apple trays from molded fiber. Its annual sales amount to approx. EUR 20 million and it employs some 60 people. "The Wenatchee operation is small by Huhtamaki's standards and falls outside our

Huhtamaki sells Italian molded fiber operation to Luxembourg-based investor group

Huhtamaki sells Italian molded fiber operation to Luxembourg-based investor group Huhtamaki, the worldwide consumer packaging manufacturer based in Finland, has agreed to sell its Italian molded fiber operation, Keyes Italiana S.p.A., to Medeur S.A., a Luxembourg-based investor group. The operation is located in Fiumefreddo, Sicily, and employs approx. 60 people, producing mainly egg trays and cartons. Its sales in 2000 amounted to approx. EUR 7 million. "This operation is small by our standards and offers limited potential for growth or synergies as part of Huhtamaki's Italian organization,

Change in shareholding

CHANGE IN SHAREHOLDING Tweedy, Browne Company LLC, 350 Park Avenue, New York, NY 10022, has on May 7, 2001 announced that its holding of Huhtamäki Oyj shares, through various funds under its management, amounts to a total of 5,13 percent of the shares outstanding. Inquiries: Mr. Juha Salonen, Group General Councel Tel. +358 9 6868 8380 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.bit.se/bitonline/2001/06/08/20010608BIT00230/bit0001.doc http://www.

Huhtamaki Capital Markets Day

Huhtamaki Capital Markets Day Huhtamäki Oyj will arrange a Capital Markets Day for invited fund managers, analysts and electronic media on June 12, 2001. The programme of the afternoon seminar will consist of strategic, financial, technology and regional reviews by the company's CEO and Executive Committee members. A video recording of CEO Timo Peltola's strategy review and all presentation materials will be instantly available from the company's website, www.huhtamaki.com, from approximately 13.00 Finnish time onwards. Audio recordings of the other five presentations and a summary of

Huhtamaki: first quarter on track

Huhtamaki: first quarter on track Huhtamaki, the worldwide leader in speciality consumer packaging, reports solid sales progress and improving profitability in the first quarter of 2001 against the corresponding pro forma1) figures in 2000. The Van Leer industrial packaging division divested at the beginning of March 2001 has been eliminated from the reported figures. Key figures Change % Change % EUR million pro forma actual Net Sales 570.8 6 - 27 EBIT 34.9 28 - 13 Profit before minority interest and 20.7 10 - 11 taxes EPS (EUR) 0.41 17 - 7 EPS before amortisation (EUR) 0.75 14 - 4 The

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