Huhtamaki Capital Markets Day 2016: Growing into the preferred global food packaging brand - next steps

HUHTAMÄKI OYJ PRESS RELEASE 22.11.2016 AT 8:00

Huhtamaki Capital Markets Day 2016: Growing into the preferred global food packaging brand - next steps

Huhtamaki is hosting a Capital Markets Day 2016 in Espoo, Finland today with presentations starting at 9:45 EET.

During the day Huhtamaki's executive management will review the Group's strategy of growing into the preferred global food packaging brand and the key steps in each business segment. In addition, current financial performance as well as opportunities for future growth and profitability improvement for the Group and the four business segment are discussed. Updated long-term financial ambitions for the Group and business segments are also presented.

Updated long-term ambitions

The Group's updated long-term (3-5 years) key financial ambitions are:

• Comparable growth 5+%
•  Acquisitive growth 5+%
• EBIT margin 10+%
•  Return on investment (ROI) 15+%

The CMD presentations are published on the company website at www.huhtamaki.com in the Investors section today at 9:45 EET. A video recording of the CEO's and CFO's presentations will be published on the website on November 23, 2016.

A CMD Briefing will be hosted in London tomorrow, November 23, 2016.

For further information, please contact:
Thomas Geust, Chief Financial Officer, tel. +358 10 686 7880
Kaisa Uurasmaa, Manager, Investor Relations, tel. +358 10 686 7815