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Essity AB (publ) (ESSITYa.ST)

ESSITYa.ST on Stockholm Stock Exchange

280.50SEK
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Latest Key Developments (Source: Significant Developments)

Essity Q2 Operating Profit Up At SEK 3.22 Bln
Thursday, 18 Jul 2019 01:00am EDT 

July 18 (Reuters) - Essity AB (publ) ::JAN-JUNE NET SALES INCREASED 8.6% TO SEK 62,724M (57,741).JAN-JUNE ADJUSTED EBITA INCREASED 7% TO SEK 6,922M (6,468).JAN-JUNE HIGHER RAW MATERIAL AND ENERGY COSTS HAD A NEGATIVE IMPACT OF SEK 1,300M ON EARNINGS.JAN-JUNE EARNINGS PER SHARE INCREASED 15% TO SEK 5.73 (4.98).DURING QUARTER GROUP CONTINUED TO REPORT STRONG ORGANIC NET SALES GROWTH AND ADJUSTED EBITA MARGIN ROSE.IMPLEMENTED PRICE INCREASES HAD A POSITIVE IMPACT ON BOTH ORGANIC NET SALES GROWTH AND PROFITABILITY.GROUP'S NET SALES INCREASED 7.9% IN Q2 OF 2019 COMPARED WITH CORRESPONDING PERIOD A YEAR AGO.Q2 NET SALES 32.07 BILLION VERSUS SEK 29.72 BILLION YEAR AGO.GROUP'S ADJUSTED EBITA IN Q2 OF 2019 INCREASED 11% COMPARED WITH CORRESPONDING PERIOD A YEAR AGO.Q2 OPERATING PROFIT SEK 3.22 BILLION VERSUS SEK 3.14 BILLION YEAR AGO.  Full Article

Essity AB Wins Tax Case
Friday, 28 Dec 2018 12:30pm EST 

Dec 28 (Reuters) - Essity AB (publ) ::ESSITY WINS TAX CASE.JUDGMENT WILL REDUCE ESSITY'S TAX EXPENSE BY APPROXIMATELY SEK 1.1 BILLION IN Q4 OF 2018.  Full Article

Essity says will close U.S. production facility
Tuesday, 18 Sep 2018 11:50am EDT 

Sept 18 (Reuters) - Essity AB (publ) ::ESSITY CONTINUES THE OPTIMIZATION OF ITS PRODUCTION IN THE UNITED STATES.TO FURTHER INCREASE EFFICIENCY OF PROFESSIONAL HYGIENE BUSINESS, CO CLOSING CONVERTING FACILITY IN BELLEMONT, ARIZONA, UNITED STATES.PRODUCTION WILL BE REALLOCATED TO OTHER ESSITY PRODUCTION FACILITIES IN UNITED STATES.RESTRUCTURING COSTS EXPECTED TO AMOUNT TO ABOUT SEK 150 MILLION, IS EXPECTED TO BE RECOGNIZED AS ITEM AFFECTING COMPARABILITY IN Q3 2018.APPROXIMATELY SEK 30M OF RESTRUCTURING COSTS ARE EXPECTED TO IMPACT CASH FLOW.SAYS TO FURTHER INCREASE EFFICIENCY OF PROFESSIONAL HYGIENE BUSINESS, ESSITY IS CLOSING ITS CONVERTING FACILITY IN BELLEMONT, ARIZONA, UNITED STATES.SAYS CLOSURE WILL BE COMPLETED IN SECOND HALF OF 2019 WITHOUT ANY DISRUPTION TO CUSTOMERS.SAYS PRODUCTION WILL BE REALLOCATED TO OTHER ESSITY PRODUCTION FACILITIES IN UNITED STATES..SAYS RESTRUCTURING COSTS ARE EXPECTED TO AMOUNT TO APPROXIMATELY SEK 150M WHICH IS EXPECTED TO BE RECOGNIZED AS AN ITEM AFFECTING COMPARABILITY IN Q3 OF 2018.SAYS APPROXIMATELY SEK 30M OF RESTRUCTURING COSTS ARE EXPECTED TO IMPACT CASH FLOW..  Full Article

Essity To Strengthen The Professional Hygiene Business In Europe
Thursday, 22 Feb 2018 04:00am EST 

Feb 22 (Reuters) - Essity Ab (Publ) ::ESSITY TO STRENGTHEN THE PROFESSIONAL HYGIENE BUSINESS IN EUROPE.‍TO INVEST IN CREATING A CENTER FOR NAPKIN PRODUCTION IN EXISTING PRODUCTION FACILITY IN ALTOPASCIO​.RESTRUCTURING MEASURES INCLUDE CLOSURE OF A CONVERTING PRODUCTION FACILITY IN HLOHOVEC, SLOVAKIA, IN 2020.‍INVESTMENT IN ALTOPASCIO WILL LEAD TO RESTRUCTURING MEASURES AT MULTIPLE PRODUCTION FACILITIES ACROSS EUROPE​.‍HAS DECIDED TO INVEST IN CREATING A CENTER FOR NAPKIN PRODUCTION IN EXISTING PRODUCTION FACILITY IN ALTOPASCIO, ITALY​.‍RESTRUCTURING MEASURES INCLUDE CLOSURE OF A CONVERTING PRODUCTION FACILITY IN HLOHOVEC, SLOVAKIA, IN 2020.​.‍TOTAL INVESTMENTS WILL AMOUNT TO APPROXIMATELY SEK 590M​.‍RESTRUCTURING COSTS WILL AMOUNT TO APPROXIMATELY SEK 580M​.APPROXIMATELY SEK 410M OF THESE COSTS ARE EXPECTED TO IMPACT CASH FLOW..‍COSTS WILL BE RECOGNIZED AS AN ITEM AFFECTING COMPARABILITY​.‍SEK 350M ARE EXPECTED TO IMPACT Q1 OF 2018 AND REMAINING COSTS ARE EXPECTED TO IMPACT Q2 OF 2018​.  Full Article

Essity CFO: Personal Care impacted by lower prices also in Q4
Thursday, 26 Oct 2017 05:17am EDT 

Oct 26 (Reuters) - Essity CEO Magnus Groth, CFO Fredrik Rystedt to analysts and media in a conference call:Essity ceo says we are initiating price increases in consumer tissue, this will not benefit q4 or q1 but the latter part of 2018.Essity cfo says personal care will see impact also in q4 from this year's price declines.Essity cfo says judgment is that raw material costs will be significantly higher in q4 versus year-ago quarter.Essity cfo says sees fy 2017 capital expenditure at roughly 6.5 billion sek.  Full Article

Essity Jan-Sept ‍adjusted EBITA slightly above expectations
Thursday, 26 Oct 2017 02:00am EDT 

Oct 26 (Reuters) - Essity Ab (Publ) :Essity ab (publ) 9m ‍adjusted operating profit before amortization of acquisition-related intangible assets (ebita) rose 11% to sek 9,786m​.9 m ‍net sales increased 8.2% to sek 80,601m (74,466)​.Essity ab (publ) q3 ‍organic sales increased by 1.8%, of which volume accounted for 2.2% and price/mix for -0.4%​.Reuters poll: essity jan-sept adjusted ebita seen at 9.69 billion sek, sales at 81.1 billion.  Full Article