Huhtamäki traded at 31.52 this Wednesday August 5th, increasing 0.16 or 0.51 percent since the previous trading session. Looking back, over the last four weeks, Huhtam gained 20.12 percent. Over the last 12 months, its price rose by 4.03 percent. Looking ahead, we forecast Huhtamäki to be priced at 30.11 by the end of this quarter and at 27.86 in one year, according to Trading Economics global macro models projections and analysts expectations.
Huhtamaki Oyj is a Finland-based company engaged in packaging for food and drink. It reports four operating segments: Foodservice Europe-Asia-Oceania, which covers manufacturing of foodservice paper and plastic disposable tableware, supplied to foodservice operators, fast food restaurants and coffee shops; North America, which serves local markets with disposable tableware products under the Chinet brand, foodservice packaging products and ice-cream containers, among others; Flexible Packaging, which includes a range of consumer products, including food, pet food, hygiene and health care products; and Fiber Packaging, which covers recycled and other natural fibers that are used to make fresh product packaging, such as egg, fruit, food and drink packaging. The Company operates a network of manufacturing units in more than 30 countries within such regions as Europe, North and South America, Africa, Middle East, Asia and Oceania.