Edition:
United States

Essity AB (publ) (ESSITYb.ST)

ESSITYb.ST on Stockholm Stock Exchange

243.20SEK
14 Dec 2017
Change (% chg)

-5.70kr (-2.29%)
Prev Close
248.90kr
Open
248.00kr
Day's High
249.60kr
Day's Low
243.20kr
Volume
2,076,663
Avg. Vol
1,247,249
52-wk High
253.60kr
52-wk Low
213.80kr

Latest Key Developments (Source: Significant Developments)

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

Essity CEO sees significantly higher raw material costs Q3
Tuesday, 18 Jul 2017 08:04am EDT 

July 18 (Reuters) - Essity Ab (Publ) MAgnus Groth in conference call for analysts and media::* says sees significantly higher raw material costs in q3, will be difficult to mitigate.  Full Article

Essity H1 adjusted EBITA tops consensus, organic sales nearly unchanged
Tuesday, 18 Jul 2017 06:00am EDT 

July 18 (Reuters) - Essity Ab (Publ) :Jan-June organic sales, excluding exchange rate effects, acquisitions and divestments, increased 0.4%.Jan-June adjusted operating profit before amortization of acquisition-related intangible assets (ebita) rose 12% to sek 6,354m (5,683).Reuters poll: essity jan-june adjusted ebitda seen at sek 6.18 billion, sales at sek 53.2 billion.Essity ab (publ) says company has discontinued certain underperforming market positions and contracts with unsatisfactory profitability.Q2 adjusted EBITA 3.44 bln SEK vs consensus 3.27 bln .Q2 organic sales declined by 0.1%. .  Full Article

Essity intends to appeal decision in tax case
Friday, 16 Jun 2017 05:46am EDT 

June 16 (Reuters) - ESSITY AB (PUBL) ::DECISION IN TAX CASE.SAYS ADMINISTRATIVE COURT OF APPEAL IN STOCKHOLM ANNOUNCED ITS DECISION TODAY IN COMPANY'S CASE WITH SWEDISH TAX AGENCY REGARDING AGENCY'S DECISION TO IMPOSE ADDITIONAL TAXES AND TAX SURCHARGES FOR YEARS 2008 TO 2012 OF APPROXIMATELY SEK 1.2BN.SAYS HAS ALREADY RECOGNIZED A PROVISION AND THEREAFTER PAID DISPUTED AMOUNT..SAYS ACCORDINGLY, DECISION OF ADMINISTRATIVE COURT OF APPEAL WILL HAVE NO IMPACT ON ESSITY'S EARNINGS OR CASH FLOW FOR 2017..ESSITY INTENDS TO APPEAL DECISION BY APPLYING FOR LEAVE TO APPEAL TO SUPREME ADMINISTRATIVE COURT..SAYS ESSITY INTENDS TO APPEAL DECISION BY APPLYING FOR LEAVE TO APPEAL TO SUPREME ADMINISTRATIVE COURT.RULING OF ADMINISTRATIVE COURT OF APPEAL ENTAILS THAT DECISION OF SWEDISH TAX AGENCY WILL STAND..  Full Article

UPDATE 2-Essity Q3 core profit beats expectations despite jump in pulp costs

STOCKHOLM, Oct 26 Hygiene products group Essity posted on Thursday a slightly bigger than expected rise in quarterly core profit and returned to comparable sales growth despite a jump in raw material costs, sending its shares higher.