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

Huhtamaki (Lurgan) Limited - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | 37,439,000 | 39,196,000 | - | - | - |
| % Revenue Growth (YoY) | - | 4.7% | - | - | - |
| EBITDA (USD) | 6,805,000 | 6,204,000 | - | - | - |
| Operating Income (USD) | 4,827,000 | 3,871,000 | - | - | - |
| Operating Margin | 12.9% | 9.9% | - | - | - |
| % EBITDA Margin | 18.2% | 15.8% | - | - | - |
| NET Income (USD) | 4,550,000 | 6,876,000 | - | - | - |
| % Net Margin | 12.2% | 17.5% | - | - | - |
Huhtamaki (Lurgan) Limited - employee data


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