Huhtamaki to consolidate its foodservice packaging operations in South China into one unit

六月 27, 2016

Huhtamaki is taking actions to improve the competitiveness of its Foodservice business in Asia and Oceania. The actions concern the Foodservice Europe-Asia-Oceania segment's operations in China and New Zealand, which have had an adverse effect on the segment's earnings in 2015 and in the 1Q 2016.

To improve competitiveness and to better equip the operations for capturing future growth opportunities in the Chinese market, the foodservice packaging manufacturing operations in South China will be consolidated into one efficient, modernized unit.

In addition, manufacturing will be focused on a defined core foodservice packaging product range, while outsourcing capabilities will be strengthened to continue serving customers with a full range of high-quality foodservice packaging products. The actions are expected to have an impact on approximately 350 employees across functions.

Manufacturing operations at the foodservice packaging unit in Henderson, New Zealand, are reorganized to improve efficiency of the unit. The reorganization is expected to have an impact on approximately 15 employees.

In addition, following a supplemental site assessment at the manufacturing unit in Viul, Norway, which was closed in 2013, a provision to cover potential environmental remediation actions will be booked.

Related to the above activities Huhtamaki will book approximately Euro - 8 million as items affecting comparability (IAC) in the Foodservice Europe-Asia-Oceania business segment in the 2Q 2016.

Combined with an earlier announced non-recurring gain of approximately Euro 8 million, relating to an increase of Huhtamaki's ownership in the joint venture of Arabian Paper Products Company, the total effect of IAC's in the Foodservice Europe-Asia-Oceania business segment in the 2Q 2016 is slightly negative.

Huhtamaki is a global specialist in packaging for food and drink.



主題: 战略计划

評論

喜歡這一點,你需要註冊。
要做到這一點,請輸入您的姓名和電子郵件地址。
名稱:
姓:
電子郵件:
性別:
如果您已經註冊,
請輸入您的詳細信息 這裡
要留下意見,你需要註冊。
要做到這一點,請輸入您的姓名和電子郵件地址。
名稱:
姓:
電子郵件:
性別:
如果您已經註冊,
請輸入您的詳細信息 這裡
我們歡迎通過相關的意見和數據推動故事的評論。如果你看到一個評論,您認為是無關緊要的或不適當的,可以將其標記為我們的編輯使用報告濫用鏈接。在表達意見的看法,並不代表Lesprom網絡。有關我們註釋策略的更多信息,請參見: http://www.lesprom.com/legal/comment_policy/
返回頁首