Huhtamaki Q2 2025 Results: Stable Operational Margin Despite Sales Decline
Huhtamaki Q2 2025 results show steady EBIT margins and flat comparable growth, with improved cash flow and resilient performance in a volatile market.
PACKAGING
Huhatmaki reported its Q2 2025 results, with pure sales to 3% year old 1 007.5 million euros. Comparative net sales growth was flat at 0%, as the sales amount remained stable. Adjusted EBIT EUR was 103.1 million, 2nd quarter in 2024 almost unchanged from 105.5 million euros.
Strong EBIT Margin in Flexible Packaging
In terms of segment, the fiber packaging increased by 3% net sales. Flexible packaging reported an increase of 25% in the adjusted EBIT in 26.2 million euros despite a 5% decline in sales. FoodService packaging and North America saw the EBIT fall adjusted by 1% and 16% respectively.
The total adjusted EBIT margin of the group remained stable at 10.2%, but reported that EBIT EBIT fell to 46.2 million due to the reorganization of EUT 56.9 million EUR.
Adjusted EPS Unchanged, Cash Flow Up
Adjusted earnings per share were unchanged at EUR 0.63. Reported EPS dropped to EUR 0.20 from EUR 0.62. Free cash flow rose 60% to EUR 85.5 million, while capital expenditure declined 10% to EUR 43.1 million.
2025 Performance
For the first half of 2025, Huhtamaki reported net sales of EUR 2,009.1 million, down 2% from H1 2024. Adjusted EBIT decreased by 1% to EUR 201.5 million. Fiber Packaging was the only segment to show positive comparable sales growth for both Q2 and H1, at 10%.
Adjusted EPS rose to EUR 1.21, up from EUR 1.17 last year. Reported EPS dropped to EUR 0.74.
Profitability Measures and Outlook
Huhatamaki completed an efficiency program of $ 100 million before the schedule, including a food package reorganization. The resulting profit was 39 million.
Currency headwinds, high labor and transport costs, and IT investment prices were offset by improving prices and internal profitability tasks. The group maintained a steadily adjusted EBIT margin of 10.0% for H1.
The company confirmed the 2025 approach, waiting for stable business conditions and focused on profitable development and disciplined capital allocation.
Huhtamaki Q2 2025 Results confirm the stable margin despite external instability, which improves better cash flow and strategic progression in business units.