Antti has published a new company report on Huhtamäki following the release of their Q2 results 
We reiterate our buy recommendation for Huhtamäki and our target price of 36.0 euros. Huhtamäki’s Q2 report was operationally better than our expectations, as the company was able to navigate through certain headwinds in largely sluggish markets better than we had estimated. We have not made any significant changes to our forecasts following the report. In our view, the upside potential from Huhtamäki’s low valuation, the approaching earnings growth, and the dividend yield of over 4% keep the stock’s return expectation clearly above the required rate of return.