Huhtamäki Oyj (HOYFF) Q4 2024 Earnings Call Transcript

Huhtamäki Oyj (OTCPK:HOYFF) Q4 2024 Results Conference Call February 14, 2025 2:30 AM ET

Company Participants

Kristian Tammela – Vice President, Investor Relations
Ralf Wunderlich – President and Chief Executive Officer
Thomas Geust – Chief Financial Officer

Conference Call Participants

Calle Loikkanen – Danske Bank
Maria Wikstrom – SEB
Ephrem Ravi – Citi
Lewis Merrick – BNP Paribas Exane
Cole Hathorn – Jefferies
Henri Parkkinen – OP Financial Group
Pallav Mittal – Barclays
Kevin Fogarty – Deutsche Bank
James Perry – Citi

Kristian Tammela

Welcome to Huhtamaki’s investor call for the fourth quarter of 2024. My name is Kristian Tammela, VP of IR. I’m happy to present our new President and CEO, Ralf K. Wunderlich, who joined us in January. And we also have with us, our CFO, Thomas Geust.

We will go through the results, and after that, we’ll have a Q&A session in a normal manner. But let’s get started, and handing over to Ralf.

Ralf Wunderlich

Thank you, Kristian, and welcome to all of you to this call. My name is Ralf Wunderlich, and I started as President and CEO of Huhtamaki on January 15. I’m honored that the Board of Directors appointed me to lead Huhtamaki and I look forward to a close collaboration with all of you.

Let me say a few words about myself. I spent all my career in the packaging industry and I worked and lived in a number of different countries and continents, including Europe, Asia and the Americas. I had P&L responsibility for both regional as well as global businesses. My last executive role, I spent 7 years working for a large packaging company and was a member of their global executive team, responsible for one of their business groups.

Before starting my role here at Huhtamaki, I worked in private