Huhtamäki Oyj's Interim Report January 1–March 31, 2026: Comparable net sales growth in a challenging market

HUHTAMÄKI OYJ INTERIM REPORT 29.4.2026 AT 8:30 EEST Huhtamäki Oyj's Interim Report January 1–March 31, 2026: Comparable net sales growth in a challenging market Q1 2026 in brief Net sales decreased 5% at EUR 946.8 million (EUR 1,001.6 million), including a currency impact of EUR -62.6 million (EUR 11.2 million) Comparable net sales growth was 1% at Group level Reported EBIT was EUR 83.2 million (EUR 93.7 million) Adjusted EBIT was EUR 94.5 million (EUR 98.5 million), including a currency impact of EUR -4.8 million (EUR 1.2 million). Adjusted EBIT margin increased to 10.0% (9.8%) Reported EPS was EUR 0.47 (EUR 0.54); adjusted EPS was EUR 0.56 (EUR 0.59) Key figures           EUR million Q1 2026 Q1 2025 Change 2025 Net sales 946.8 1,001.6 -5% 3,960.2 Comparable net sales growth 1% -2%   -1% Adjusted EBITDA1 144.0 152.0 -5% 613.0 Margin1 15.2% 15.2%   15.5% EBITDA 133.8 149.8 -11% 613.3 Adjusted EBIT2 94.5 98.5 -4% 405.1 Margin2 10.0% 9.8%   10.2% EBIT 83.2 93.7 -11% 320.5 Adjusted EPS, EUR3 0.56 0.59 -5% 2.48 EPS, EUR 0.47 0.54 -14% 1.83 Adjusted ROI2 11.9% 12.0%   11.8% Adjusted ROE3 13.8% 13.3%   13.6% ROI 9.3% 11.2%   9.5% ROE 10.0% 12.4%   10.1% Capital expenditure 27.0 30.1 -10% 171.9 Free Cash Flow 10.0 -22.5 >100% 311.2 1 Excluding IAC of -10.2 -2.1   0.4 2 Excluding IAC of -11.2 -4.7   -84.5 3 Excluding IAC of -9.8 -4.6   -68.0 Unless otherwise stated, all comparisons in this report are compared to the corresponding period in 2025.