Huhtamäki Oyj
Sector unknown·HUH1V · Nasdaq Helsinki·Fiscal year to 31/12/2025
Exposure profile
Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.
In their own words
Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.
Circular economy and recycling
Regulation
DriverPositive impact: strengthens
“Changes in the business environment driven by regulation and sustainability present significant risks and opportunities. The company’s future growth and success depend on its continued ability to predict and respond to changes and its ability to innovate and develop new sustainable products and solutions in a timely manner. Regulatory changes may introduce material bans and other packaging related regulations, including those related to recyclability, recycled content requirements, single-use plastics, compostability, supply chain management and extended producer responsibility impacting packaging industry.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“Strategic development With the 2030 strategy, Huhtamaki aims to be the first choice in sustainable packaging solutions.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“Strategy, business model and value chain Huhtamaki strategy and sustainability Huhtamaki’s strategic ambition is to be the first choice in sustainable packaging solutions.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“Further, efforts have been made to improve waste management practices both in own operations as well as considering product end-of-life, to promote the efficient use of resources.”
Annual report 2025A · The company itself
Market
“Due to Huhtamaki’s consistent effort over a long period of time, the Group’s current product range is well aligned with its sustainability ambition of being the first choice in sustainable packaging.All of the Fiber Packaging business segment’s products are produced using recycled fiber, and they are all designed to be recycled, supporting the circular use of raw materials.”
Annual report 2025A · The company itself
Chains in: EU climate and energy policy strengthens
Electricity
Raw materials and inputs
DriverPositive impact: strengthens
“The segment’s adjusted EBIT increased significantly, supported by increased sales prices, lower transportation and energy costs as well as actions to improve profitability.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“Transportation and energy costs remained close to the previous year’s level.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“Renewable electricity and energy efficiency continue to be key actions in operationalizing Huhtamaki’s sustainability targets.”
Annual report 2025A · The company itself
Chains in: Data centres strengthens, Electrification strengthens
Chains out: this strengthens Power grid expansion
Plastics and polymers
Raw materials and inputs
InputNegative impact: weakens
“During 2025, most raw material prices did not change materially. Prices for paperboard remained close to the level seen in 2024, plastics and virgin fiber prices decreased somewhat while recycled paper prices increased.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“Prices of raw materials decreased somewhat compared to 2024.”
Annual report 2025A · The company itself
Market
“In Flexible Packaging Huhtamaki provides solutions with improved recyclability through monomaterial solutions.”
Annual report 2025A · The company itself
Chains in: Oil strengthens
Agriculture and food production
End markets
Market
“Huhtamaki’s customer base is varied, and contains among others food, beverage, and petfood companies, quick service and fast casual restaurants, foodservice operators, fresh produce packers and retailers, as well as customers in the home and personal care, industrial, FMCG, and healthcare segments.”
Annual report 2025A · The company itself
Market
“Within the downstream value chain, the majority of Huhtamaki’s products serve the needs of food, beverage, and petfood companies, quick service and fast casual restaurants, foodservice operators, fresh produce packers and retailers, as well as customers in the home and personal care, industrial, FMCG, and healthcare segments.”
Annual report 2025A · The company itself
Chains in: Grain and agricultural commodities mixed effect, Climate change and extreme weather weakens, Grocery retail and private label weakens
Hospitality and leisure
End markets
Market
“Huhtamaki’s customer base is varied, and contains among others food, beverage, and petfood companies, quick service and fast casual restaurants, foodservice operators, fresh produce packers and retailers, as well as customers in the home and personal care, industrial, FMCG, and healthcare segments.”
Annual report 2025A · The company itself
Market
“Within the downstream value chain, the majority of Huhtamaki’s products serve the needs of food, beverage, and petfood companies, quick service and fast casual restaurants, foodservice operators, fresh produce packers and retailers, as well as customers in the home and personal care, industrial, FMCG, and healthcare segments.”
Annual report 2025A · The company itself
Chains in: Consumer spending strengthens
M&A and consolidation
Macro
DriverNegative impact: weakens
“Low-cost imports and market consolidation may also affect competition.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“Inorganic growth will be driven through bolt-on acquisitions, where the company has clear and stringent criteria for potential acquisition targets.”
Annual report 2025A · The company itself
Packaging
Raw materials and inputs
Market
“Huhtamaki’s significant product groups consist of paperboard conversion packaging for food and drink, molded fiber packaging such as egg cartons, fruit packaging, cup carriers and bottle dividers, flexible packaging including mono-material blueloop™ solutions, labels, tube laminates, and cylinders, and plastic-forming packaging.”
Annual report 2025A · The company itself
Market
“Huhtamaki Foodservice Packaging products offer paperboard-based, packaging solutions promoting circularity.”
Annual report 2025A · The company itself
Chains out: this weakens Beer and beverages
Retail
End markets
Market
“Huhtamaki’s customer base is varied, and contains among others food, beverage, and petfood companies, quick service and fast casual restaurants, foodservice operators, fresh produce packers and retailers, as well as customers in the home and personal care, industrial, FMCG, and healthcare segments.”
Annual report 2025A · The company itself
Market
“Within the downstream value chain, the majority of Huhtamaki’s products serve the needs of food, beverage, and petfood companies, quick service and fast casual restaurants, foodservice operators, fresh produce packers and retailers, as well as customers in the home and personal care, industrial, FMCG, and healthcare segments.”
Annual report 2025A · The company itself
Chains in: Consumer spending strengthens
Automation and robotics
Technology
StrategyPositive impact: strengthens
“Most significant operational risks To mitigate the risk of its’ technology and machinery becoming obsolete, inefficient or unfit for serving customer demand, the Group continuously monitors and anticipates long-term needs and invests in new technology.”
Annual report 2025A · The company itself
Solar power
Technology
StrategyPositive impact: strengthens
“Renewable electricity and energy efficiency continue to be key actions in operationalizing Huhtamaki’s sustainability targets.”
Annual report 2025A · The company itself
Wind power
Technology
StrategyPositive impact: strengthens
“Renewable electricity and energy efficiency continue to be key actions in operationalizing Huhtamaki’s sustainability targets.”
Annual report 2025A · The company itself
Chains in: Interest rates weakens, Energy security strengthens
Chains out: this strengthens Steel, strengthens Rare earths and critical raw materials, strengthens Renewables auctions and subsidies, strengthens Power grid expansion
Inflation
Macro
DriverNegative impact: weakens
“Consumption remained muted as a result of the impact of inflation, geopolitical tensions and an overall uncertainty about the economy.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Hyperinflation and high interest rates and high volatility in exchange rates could worsen the business conditions some market areas.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“This includes the ability to pass price increases of raw materials, energy and transportation to the price of the products.”
Annual report 2025A · The company itself
Chains out: this weakens Consumer spending, strengthens Interest rates
Business cycle and GDP growth
Macro
DriverNegative impact: weakens
“Consumption remained muted as a result of the impact of inflation, geopolitical tensions and an overall uncertainty about the economy.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Economic downturns affect customer and consumer behavior and purchasing power.”
Annual report 2025A · The company itself
Chains out: this strengthens Global trade volumes, strengthens Construction
Geopolitical uncertainty
Macro
DriverNegative impact: weakens
“Consumption remained muted as a result of the impact of inflation, geopolitical tensions and an overall uncertainty about the economy.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Most significant strategic risks Macro level uncertainties include geopolitical risks, macroeconomic risks and recession risks. Ongoing wars and conflicts, such as in Ukraine and Middle East region may expand and new conflicts may arise. Unstable political conditions and geopolitical instability increase the uncertainties in global trade and worsen business conditions.”
Annual report 2025A · The company itself
Chains out: this strengthens Defence budgets, strengthens Energy security, strengthens Tariffs and trade policy, weakens Global trade volumes, strengthens Sea freight and freight rates, weakens Reconstruction of Ukraine
USD vs DKK/EUR
Macro
DriverNegative impact: weakens
“In addition, there were significant negative currency movements, particularly as the US dollar weakened against the euro.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“The segment’s adjusted EBIT decreased due to a weaker US dollar, unfavorable sales prices and mix and increased operational costs, partly related to the capacity expansion in Hammond, Indiana and Paris, Texas.”
Annual report 2025A · The company itself
Chains out: this mixed effect United States
Packaging regulation and deposit schemes
Regulation
DriverNegative impact: weakens
“Changes in the business environment driven by regulation and sustainability present significant risks and opportunities. The company’s future growth and success depend on its continued ability to predict and respond to changes and its ability to innovate and develop new sustainable products and solutions in a timely manner. Regulatory changes may introduce material bans and other packaging related regulations, including those related to recyclability, recycled content requirements, single-use plastics, compostability, supply chain management and extended producer responsibility impacting packaging industry.”
Annual report 2025A · The company itself
Consumer spending
Macro
DriverNegative impact: weakens
“Directors’ report 2025 Financial review Operating environment In 2025, demand continued to be impacted by consumers’ cautiousness.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Demand for foodservice packaging remained subdued during the year.”
Annual report 2025A · The company itself
DriverPositive impact: strengthens
“Demand improved somewhat from the previous year’s level, but with differences between categories.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Demand for flexible packaging remained subdued.”
Annual report 2025A · The company itself
Chains in: Inflation weakens
Chains out: this strengthens Retail, strengthens Hospitality and leisure, strengthens Premium consumers, strengthens Grocery retail and private label
Sea freight and freight rates
Raw materials and inputs
DriverPositive impact: strengthens
“The segment’s adjusted EBIT increased significantly, supported by increased sales prices, lower transportation and energy costs as well as actions to improve profitability.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Major fires or disruption in supply chain may cause business interruptions.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“Transportation and energy costs remained close to the previous year’s level.”
Annual report 2025A · The company itself
Chains in: Geopolitical uncertainty strengthens
Climate change and extreme weather
Macro
DriverNegative impact: weakens
“At the same time, there was a negative impact from a fire at one of the sites in South Africa in May.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“In addition, Climate change affects the frequency of natural hazards, such as floods and storms. natural hazards, The company implements a continuous improvement program in property risk management, designed to reduce the impact and likelihood of hazards, such as fire, explosion, flood or storm.”
Annual report 2025A · The company itself
Chains out: this weakens Agriculture and food production
Labour and wages
Raw materials and inputs
DriverNegative impact: weakens
“In terms of human resources, the key risks and opportunities are identified to arise from availability and cost of labor and talent. The risk mitigation actions include consistent development of employee experience including employee promise, hiring practices, onboarding, talent and leadership development and succession planning.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“Out of the other key cost components, labor costs increased globally, however less than in 2024.”
Annual report 2025A · The company itself
Tariffs and trade policy
Macro
DriverNegative impact: weakens
“The situation around the US tariffs also created uncertainty.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Further, tariffs and other trade barriers may slow down investments and economic growth in impacted geographies.”
Annual report 2025A · The company itself
Chains in: Geopolitical uncertainty strengthens
Chains out: this weakens Global trade volumes
Wood and timber
Raw materials and inputs
InputNegative impact: weakens
“During 2025, most raw material prices did not change materially. Prices for paperboard remained close to the level seen in 2024, plastics and virgin fiber prices decreased somewhat while recycled paper prices increased.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“The prices of recycled fiber increased compared to 2024.”
Annual report 2025A · The company itself
Currency exposure
Macro
DriverNegative impact: weakens
“Hyperinflation and high interest rates and high volatility in exchange rates could worsen the business conditions some market areas.”
Annual report 2025A · The company itself
Interest rates
Macro
DriverNegative impact: weakens
“Hyperinflation and high interest rates and high volatility in exchange rates could worsen the business conditions some market areas.”
Annual report 2025A · The company itself
Chains in: Public debt and fiscal policy strengthens, Inflation strengthens
Chains out: this weakens Construction, weakens Real estate, weakens Wind power, weakens Housing market, weakens Office and commercial property, weakens Residential rental, weakens Residential construction
Asia and emerging markets
Geography
Geography
“Huhtamaki operates globally, with operations in 35 countries and 71 sites in 106 locations around the world.”
Annual report 2025A · The company itself
Europe
Geography
Geography
“Huhtamaki operates globally, with operations in 35 countries and 71 sites in 106 locations around the world.”
Annual report 2025A · The company itself
United States
Geography
Geography
“Huhtamaki operates globally, with operations in 35 countries and 71 sites in 106 locations around the world.”
Annual report 2025A · The company itself
Chains in: USD vs DKK/EUR mixed effect
Competitors mentioned in the report
No named competitors in the report.
Financial figures
| Revenue latest fiscal year | 3.96 bn EUR |
| Revenue growth vs. the year before, same method | -4 % |
| EBITDA reported by the company | N/A |
| Net debt debt incl. leasing minus cash | N/A |
| Diluted EPS per share | 1.83 EUR |
Source: annual report (ESEF) A. See the report
Criteria
| Profit | ✓ |
| Growing | ✗ |
| Healthy balance sheet | N/A |
Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.
Figures are in the report's currency (EUR), not converted to DKK. Quotes are shown as the company's own words in the report's original language.