Q4 2018 Huhtamaki Oyj Earnings Call Transcript

Feb 14, 2019 / 01:00PM GMT
Katariina Hietaranta - Huhtamäki Oyj-Head of Group Communications&IR

Good afternoon, good morning. This is Katariina Hietaranta from Huhtamäki Investor Relations. Welcome to the Huhtamäki results 2018 teleconference with CEO, Jukka Moisio; and CFO, Thomas Geust, presenting. We will have a Q&A session at the end of the call.

I now hand over to CEO, Jukka Moisio, to begin with the presentation.

Jukka Moisio - Huhtamäki Oyj-CEO

Thank you, Katariina. Good morning, good afternoon on my behalf as well. I will go through the prepared presentation, which has the cover page: Strong net sales growth in the quarter, margins still impacted by high costs.

And I move to Page 2 and talk about the Q4 top line development. In 2017, our top line was EUR 745 million. We added in the quarter EUR 44 million organic growth and EUR 27 million from acquisitions. The translation impact, the currency headwind was relatively minor at minus EUR 3 million, mostly coming from

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