Maria Wikstrom's questions to Huhtamaki Oyj (HMKIY) leadership • Q1 2025
Question
Maria Wikstrom from SEB asked for clarification on the significant 15% adjusted EBIT decline in North America, the raw material outlook, and which specific segments experienced sales price increases in Q1.
Answer
Executive Ralf Wunderlich clarified that the North America EBIT was heavily impacted by negative growth in its largest sub-segment, retail tableware, due to a Q4 volume pull-forward and the late Easter. He stated that raw material prices are expected to move sideways in the next quarter. Finally, he specified that Fiber and Flexible Packaging saw positive price/mix, while Foodservice and North America experienced negative price/mix.