Victoria Adesina's questions to Huhtamaki Oyj (HMKIY) leadership • Q1 2025
Question
Victoria Adesina from Barclays asked about capital allocation, specifically the potential for share repurchases, the segmental focus for M&A, and any early observations on the PPWR implementation.
Answer
Executive Ralf Wunderlich prioritized capital for organic and inorganic investments, with dividends as the primary shareholder return mechanism, noting the company has increased its dividend for 16 consecutive years. He said bolt-on M&A will target high-yielding segments where the company has strong teams and expertise. On the PPWR, he stated the company is well-prepared for the 2026 implementation with no new updates to share.