Huhtamaki (Lurgan) Limited

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Huhtamaki (Lurgan) Limited - overview

Established

1935

Location

-, -, UK

Primary Industry

Forestry & Timber

About

Huhtamaki (Lurgan) Limited is a global provider of sustainable packaging solutions, focusing on innovative products that prioritize hygiene and safety for food, both on-the-shelf and for on-the-go consumption. Founded in 1935, Huhtamaki specializes in sustainable packaging solutions. The company operates under the parent firm, Huhtamaki Group, and has production facilities around the world, including its location in Lurgan, Northern Ireland. The current CEO is Eddie Sikkes, who oversees the company’s strategic direction.


Huhtamaki offers a diverse array of sustainable packaging solutions, including fiber-based packaging, flexible packaging, and foodservice packaging. The company caters to various sectors such as food and beverage manufacturers, retailers, and foodservice operators, ensuring its products support hygiene and safety for consumers worldwide. Huhtamaki generates revenue through B2B sales to food manufacturers, retailers, and foodservice providers. The company's revenue model includes direct sales of its packaging products, with a particular focus on recyclable and compostable solutions that appeal to businesses prioritizing environmental sustainability, with pricing that accommodates various scales of operation.


Primary Industry

Forestry & Timber

Sub Industries

Forestry & Timber, Paper/Soft Products

Website

www.huhtamaki.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Huhtamaki (Lurgan) Limited - timeline of key events

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Huhtamaki (Lurgan) Limited - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)37,439,00039,196,000---
% Revenue Growth (YoY)-4.7%---
EBITDA (USD)6,805,0006,204,000---
Operating Income (USD)4,827,0003,871,000---
Operating Margin12.9%9.9%---
% EBITDA Margin18.2%15.8%---
NET Income (USD)4,550,0006,876,000---
% Net Margin12.2%17.5%---

Huhtamaki (Lurgan) Limited - employee data

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