A file photo of Jukka Moisio, CEO of Huhtamaki, one of the top ice-cream and fast food packaging makers. Photo: ReutersHelsinki: Finnish food packaging maker Huhtamaki Oyj shares continued to climb after the company said demand in its biggest Asian market is recovering. Huhtamaki stock has added 4.6% over two days, rising to as high as €37.29 at 10:22am in Helsinki, after chief executive officer (CEO) Jukka Moisio said the negative impact of a tax reform in India, which hit second-quarter sales, is easing. “It’s looking strong” in India, Moisio said. “India will be one of the largest markets as the population grows and food-to-go and packaging markets develop.” Bloomberg

Source: Mint October 11, 2017 08:37 UTC