Annonce • Mar 27
Essity AB (Publ) Approves Dividend for the Financial Year 2025 Essity AB (publ) at its Annual General Meeting held on March 26, 2026 declared a dividend for the financial year 2025 of SEK 8.75 per share. Record date for the dividend is set to March 30, 2026. Annonce • Mar 03
Essity Announces Executive Changes Essity has appointed Niklas Westin Sundberg as Chief Digital & Information Officer. He will succeed Carl-Magnus Månsson, who is leaving Essity to take up a new external role. Niklas will become a member of the Executive Management Team and be responsible for the company's continued digital transformation and the Digital Transformation and Business Enablement function. With more than 20 years of experience in digital development in international and complex organizations, Niklas Westin Sundberg has led business-driven IT strategies, cybersecurity work and AI initiatives at global companies such as Kuehne+Nagel and ASSA ABLOY. Niklas Westin Sundberg will take office on April 15, 2026 and will report directly to Ulrika Kolsrud, President and CEO of Essity. Annonce • Feb 03
Essity AB (publ) (OM:ESSITY B) completed the acquisition of Feminine care business from Edgewell Personal Care Company (NYSE:EPC). Essity AB (publ) (OM:ESSITY B) entered into a definitive agreement to acquire Feminine care business from Edgewell Personal Care Company (NYSE:EPC) for $340 million on November 12, 2025. The feminine care business includes Playtex®, Stayfree®, Carefree® and o.b.® and Edgewell Personal Care Company will classify the Feminine Care business as discontinued operations in the beginning of first quarter of 2026. Pursuant to the terms of the Purchase Agreement, the Edgewell Personal Care Company is entitled to receive a termination fee of $15 million from Essity AB. if the Purchase Agreement is terminated under certain circumstances.
The transaction is expected to close in the first quarter of calendar 2026, subject to customary closing conditions, including the receipt of required regulatory approvals. Edgewell Personal Care Company intends to use the net proceeds from the sale, after taxes and transaction costs, primarily to strengthen its balance sheet while continuing to invest in the long-term growth of its core businesses.
Latham & Watkins LLP acted as legal advisor and Perella Weinberg Partners LP acted as financial advisor for Edgewell Personal Care Company. Morgan Stanley AB acted as financial advisor to Essity AB (publ).
Essity AB (publ) (OM:ESSITY B) completed the acquisition of Feminine care business from Edgewell Personal Care Company (NYSE:EPC) on February 2, 2026. Annonce • Jan 08
Funds Discontinue Legal Action Against Essity over Bond Loans in English Courts The funds that have brought an action against Essity in the English courts regarding bond loans issued by the company have chosen to discontinue their action. The case is therefore closed. On October 17, 2024, Essity announced that the company had received a request for early redemption from certain investors regarding bonds maturing in 2029, 2030 and 2031, respectively. In December 2024, the funds initiated proceedings against Essity in the English courts. The parties have entered into an agreement with conditions, among other things, that they have no claims against each other due to Essity's sale of its shares in Vinda. The funds subsequently discontinued their action before the court. Essity has not changed its view that the action was unfounded and has not paid the funds or otherwise compensated them in the dispute. Annonce • Nov 13
Essity AB (publ) (OM:ESSITY B) entered into a definitive agreement to acquire Feminine care business from Edgewell Personal Care Company (NYSE:EPC) for $340 million. Essity AB (publ) (OM:ESSITY B) entered into a definitive agreement to acquire Feminine care business from Edgewell Personal Care Company (NYSE:EPC) for $340 million on November 12, 2025. The feminine care business includes Playtex®, Stayfree®, Carefree® and o.b.® and Edgewell Personal Care Company will classify the Feminine Care business as discontinued operations in the beginning of first quarter of 2026 and intends to use the net proceeds from the sale, after taxes and transaction costs, primarily to strengthen its balance sheet while continuing to invest in the long-term growth of its core businesses. Pursuant to the terms of the Purchase Agreement, the Company is entitled to receive a termination fee of $15 million from Essity AB. if the Purchase Agreement is terminated under certain circumstances
The transaction is expected to close in the first quarter of calendar 2026, subject to customary closing conditions, including the receipt of required regulatory approvals.
Latham & Watkins LLP acted as legal advisor and Perella Weinberg Partners LP acted as financial advisor for Edgewell Personal Care Company. Morgan Stanley AB acted as financial advisor to Essity AB (publ). Annonce • Sep 20
Donato Giorgio Leaves as President Global Supply Chain and Member of the Executive Management Team of Essity, Effective October 31, 2025 Essity announced that Donato Giorgio, President Global Supply Chain and member of the Executive Management Team, will leave the company. Donato Giorgio joined Essity in 2009 and has held various leadership positions within Essity's global manufacturing and supply chain. In 2015, he became a member of the Executive Management Team and under his leadership, the company has developed its sustainable manufacturing and circular resource solutions. Donato Giorgio will leave his position on October 31, 2025. The recruitment process for his successor has been initiated. Annonce • Aug 16
Essity Appoints Anand Chandarana as President of Business Unit Health & Medical, Effective from September 1, 2025 Essity announced appointment ofAnand Chandarana as President of Business Unit Health & Medical. He will assume the role on September 1, 2025, and will also join the company’s Executive Management Team. Anand Chandarana has been with Essity and the business unit Health & Medical since 2020, most recently as Vice President Commercial Development. He has previously worked 17 years and held several senior positions at the medical solutions company Mölnlycke Health Care. Anand Chandarana will report to Ulrika Kolsrud, President and CEO of Essity. He is a citizen of both the UK and Sweden and will be based in Gothenburg. Business Unit Health & Medical offers products and solutions under the categories Incontinence Products Health Care, Wound Care, Compression therapy and Orthopedics under leading brands such as TENA, Leukoplast, Cutimed, Hydrofera BLUE, JOBST, Delta-Cast, and Actimove. Annonce • Apr 29
Essity AB (publ) (OM:ESSITY B) commences an Equity Buyback Plan for 60,946,249 shares, representing 8.79% of its issued share capital, under the authorization approved on March 27, 2025. Essity AB (publ) (OM:ESSITY B) commences share repurchases on April 24, 2025, under the program mandated by the shareholders in the Annual General Meeting held on March 27, 2025. As per the mandate, the company is authorized to repurchase up to 60,946,249 B shares, representing 8.79% of its issued share capital. The shares shall be repurchased such that the company does not hold more than 10% of its issued share capital. The shares will be repurchased at a price on Nasdaq Stockholm at a price within the at each time prevailing price interval for the share on the marketplace, meaning the interval between the highest purchase price and the lowest selling price. The purpose of the proposed authorization is to be able to adapt the company’s capital structure. The repurchased shares will be used as payment or financing on account of acquisitions of companies or businesses, and thereby contribute to increased shareholder value. The program will be valid until the Annual General Meeting in 2026. As of February 20, 2025, the company had 702,342,489 issued shares consisting of 58,973,654 are class A shares and 643,368,835 are class B shares including 9,288,000 B shares in treasury.
On April 23, 2025, the company announced a share repurchase program. Under the program, the company will repurchase up to SEK 3,000 million worth of its B shares. The repurchased shares are expected to be cancelled. The share repurchase will be financed using cash flow from current operations after the ordinary dividend with the ambition to continue with share buybacks over time as a recurring part of the company’s capital allocation. The repurchases will commence from April 24, 2025, and will be valid till Annual General Meeting of 2026. Annonce • Mar 24
Essity AB (publ) to Report Q1, 2025 Results on Apr 24, 2025 Essity AB (publ) announced that they will report Q1, 2025 results at 7:00 AM, Central European Standard Time on Apr 24, 2025 Annonce • Feb 22
Essity AB (publ), Annual General Meeting, Mar 27, 2025 Essity AB (publ), Annual General Meeting, Mar 27, 2025, at 14:00 W. Europe Standard Time. Location: at stockholm waterfront congress centre, nils ericsons plan 4, stockholm Sweden Annonce • Feb 21
Essity AB (publ) Announces Ewa Björling Declines Re-Election as Director Essity AB (publ) at its Annual General Meeting to be held on 27 March 2025, announced Ewa Björling has declined re-election as director. Annonce • Dec 17
Essity Receives Information on Proceedings Initiated by Minority of Investors, in Some of Its Luxembourg-Listed Bond Series in English Court on December 16, 2024, Essity has received information that a minority of investors, in some of its Luxembourg-listed bond series, have initiated proceedings in English court. Referring to the release dated October 17, 2024, regarding demands from a few bondholders and bonds issued by Essity, the company has been made aware that some of these investors have initiated proceedings in an English court. The investors' holdings represent a small portion of the outstanding bonds. As previously communicated, Essity rejects the claim that there is a right to early repayment under the terms of these bonds and considers the demand to be unfounded. Annonce • Oct 18
Essity Receives Demand for Early Repayment of Bonds Essity has received a demand for early payment from a few bondholders regarding bonds maturing in 2029, 2030 and 31. Essity disputes the demand. The demand refers to a minority part of the total amount of the bonds with these maturing dates. These bondholders claim that an Event of Default has occurred under the terms. As previously stated, Essity is confident, after having obtained professional advice, that an Event of Default has not occurred and that the demand is unfounded. Reported Earnings • Jul 20
Second quarter 2024 earnings released: EPS: kr4.72 (vs kr3.38 in 2Q 2023) Second quarter 2024 results: EPS: kr4.72 (up from kr3.38 in 2Q 2023). Revenue: kr36.6b (down 1.2% from 2Q 2023). Net income: kr3.32b (up 40% from 2Q 2023). Profit margin: 9.1% (up from 6.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Annonce • Apr 27
Essity AB (publ) to Report Fiscal Year 2024 Results on Jan 23, 2025 Essity AB (publ) announced that they will report fiscal year 2024 results on Jan 23, 2025 Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: kr3.37 (vs kr3.72 in 1Q 2023) First quarter 2024 results: EPS: kr3.37 (down from kr3.72 in 1Q 2023). Revenue: kr34.9b (down 4.1% from 1Q 2023). Net income: kr2.37b (down 9.3% from 1Q 2023). Profit margin: 6.8% (down from 7.2% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 15
Upcoming dividend of kr7.75 per share Eligible shareholders must have bought the stock before 22 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (2.5%). Declared Dividend • Mar 10
Dividend of kr7.75 announced Shareholders will receive a dividend of kr7.75. Ex-date: 22nd March 2024 Payment date: 28th March 2024 Dividend yield will be 35%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 5.1% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: kr13.21 (vs kr6.65 in FY 2022) Full year 2023 results: EPS: kr13.21 (up from kr6.65 in FY 2022). Revenue: kr147.1b (up 12% from FY 2022). Net income: kr9.28b (up 99% from FY 2022). Profit margin: 6.3% (up from 3.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year. Reported Earnings • Jan 26
Full year 2023 earnings released: EPS: kr13.21 (vs kr7.93 in FY 2022) Full year 2023 results: EPS: kr13.21 (up from kr7.93 in FY 2022). Revenue: kr147.1b (down 5.8% from FY 2022). Net income: kr9.28b (up 67% from FY 2022). Profit margin: 6.3% (up from 3.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 7% per year. Annonce • Jan 25
Essity AB (publ) Proposes Dividend for the Year 2023, Payable on March 28, 2024 Essity AB (publ) proposed an increase in the dividend of 7% to SEK 7.75 (7.25) per share for the year 2023. March 25, 2024, is proposed as the record date for the right to receive dividends, and the dividend is expected to be paid on March 28, 2024. Annonce • Nov 08
Essity Launches Caressa - Digital Platform to Assist Family Carers Essity launched Caressa - a digital platform to assist family caregivers. To address the growing needs of family caregivers, the hygiene and health company Essity is launching the AgeTech-s solution Caressa, aimed at providing necessary support for the essential aspects of care. Caressa is a digital platform and new business model for Essity that brings together care essentials - tasks, medications and appointments - into one subscription-based app, enabling multiple family members to collaborate and coordinate the care of a loved one. With this launch, Essity is expanding its offering in the field of AgeTech, a rapidly growing sector driven by the combination of an aging population and advancements in technology, projected to reach a value of USD 2.7 trillion by 2025. Caressa adds to previous digital solutions from Essity such as TENA SmartCare that offers digital solutions for continence management, and Cutimed Wound Navigator that provides support in assessing and documenting wounds. The global demographic shift, with a rapidly growing older population, reveals an opportunity for new practices and innovation within the care economy to make a significant positive impact. A global survey of 15,000 respondents conducted by Essity reveals how 61% agree that digital healthcare and services save time for caregivers, which they can subsequently spend with patients. Annonce • Nov 02
Essity AB (publ) to Report Q4, 2023 Results on Feb 26, 2024 Essity AB (publ) announced that they will report Q4, 2023 results on Feb 26, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr43.5b (up 8.5% from 3Q 2022). Net income: kr1.59b (up 1.2% from 3Q 2022). Profit margin: 3.6% (down from 3.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Household Products industry in Europe. Annonce • Oct 24
Essity Aktiebolag (Publ) Announces Current Chairman of the Board, Pär Boman, Declined Re-Election Essity Aktiebolag (publ) announced, Essity's current Chairman of the Board, Pär Boman, has declined re-election. Annonce • Sep 22
Essity Chairman Pär Boman Declines Re-Election Pär Boman has declined re-election as Chairman of Essity's Board of Directors. He will remain as Chairman of the Board until March 2024. Annonce • Aug 11
Essity Appoints Sandra Åberg as Head of Investor Relations, Effective September 1, 2023 Essity has appointed Sandra Åberg as Vice President and Head of Investor Relations, effective September 1, 2023. Sandra is currently Director Investor Relations at Essity. The current Head of Investor Relations, Johan Karlsson, will assume the role of Vice President Business Control at Essity. Sandra Åberg has been part of the Investor Relations team at Essity since the listing in 2017. After beginning her career at Bain & Company, Sandra has also worked at SEB and SCA. She holds an Msc in Business Administration and Economics from Stockholm University. Reported Earnings • Jul 20
Second quarter 2023 earnings released: EPS: kr3.53 (vs kr2.11 in 2Q 2022) Second quarter 2023 results: EPS: kr3.53 (up from kr2.11 in 2Q 2022). Revenue: kr43.9b (up 16% from 2Q 2022). Net income: kr2.48b (up 67% from 2Q 2022). Profit margin: 5.6% (up from 3.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Annonce • Jul 18
New Technologies LLC acquired Russian operations from Essity AB (publ) (OM:ESSITY B) for SEK 1.2 billion. New Technologies LLC agreed to acquire Russian operations from Essity AB (publ) (OM:ESSITY B) for SEK 1.2 billion on June 10, 2023. The transaction is expected to be finalized during the second quarter of 2023. JPMorgan Chase & Co. (NYSE:JPM) acted as a financial advisor to Essity AB.
New Technologies LLC completed the acqusiiiton of Russian operations from Essity AB (publ) (OM:ESSITY B) on July 17, 2023. Annonce • Jun 14
Essity Announces the Launch of Sensitive Caretm Pads Essity announced the launch of Sensitive CareTM Pads, the first ever bladder weakness pads enriched with its gentle SkinComfort Formula. TENA Sensitive Care Pads are now available in-store and online at retailers across the U.S. TENA Sensitive Care Pads deliver the same triple protection from leaks, odor and moisture and are dermatologically approved by the Skin Health Alliance. With cushiony foam side barriers, Duolock® core, and a secure comfortable fit, TENA Sensitive Care Pads offer the ultimate protection for women with incontinence. At varying levels of absorbency and protection, TENA has a full line of incontinence protection products to meet the needs of all individuals. No matter the need – from light bladder drips and dribbles, heavy leakage or overnight protection for worry free nights – all TENA products can be found at your local mass retailer, grocery or drug store, online. Annonce • Jun 12
An unknown buyer agreed to acquire Russian operations from Essity AB (publ) (OM:ESSITY B). An unknown buyer agreed to acquire Russian operations from Essity AB (publ) (OM:ESSITY B) on June 10, 2023. The transaction is expected to be finalized during the second quarter of 2023. Recent Insider Transactions • May 19
President of Professional Hygiene recently bought €204k worth of stock On the 16th of May, Pablo Fuentes bought around 7k shares on-market at roughly €27.24 per share. This transaction amounted to 74% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €326k. Insiders have collectively bought €1.4m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Apr 30
President recently bought €326k worth of stock On the 28th of April, Magnus Groth bought around 12k shares on-market at roughly €27.16 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Magnus has been a buyer over the last 12 months, purchasing a net total of €348k worth in shares. Reported Earnings • Apr 28
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr42.9b (up 25% from 1Q 2022). Net income: kr2.66b (up kr2.36b from 1Q 2022). Profit margin: 6.2% (up from 0.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Household Products industry in Europe. Upcoming Dividend • Mar 23
Upcoming dividend of kr7.25 per share at 2.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 05 April 2023. Payout ratio and cash payout ratio are on the higher end at 91% and 83% respectively. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.5%). Recent Insider Transactions • Mar 12
Key Executive recently bought €173k worth of stock On the 9th of March, Carl Fredrik Rystedt bought around 7k shares on-market at roughly €24.68 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Carl Fredrik's only on-market trade for the last 12 months. Reported Earnings • Mar 04
Full year 2022 earnings released: EPS: kr7.93 (vs kr12.27 in FY 2021) Full year 2022 results: EPS: kr7.93 (down from kr12.27 in FY 2021). Revenue: kr156.2b (up 28% from FY 2021). Net income: kr5.57b (down 35% from FY 2021). Profit margin: 3.6% (down from 7.1% in FY 2021). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Feb 01
President of Global Supply Chain recently sold €61k worth of stock On the 27th of January, Donato Giorgio sold around 3k shares on-market at roughly €24.49 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €570k more than they sold in the last 12 months. Reported Earnings • Jan 27
Full year 2022 earnings released: EPS: kr7.93 (vs kr12.27 in FY 2021) Full year 2022 results: EPS: kr7.93 (down from kr12.27 in FY 2021). Revenue: kr156.2b (up 28% from FY 2021). Net income: kr5.57b (down 35% from FY 2021). Profit margin: 3.6% (down from 7.1% in FY 2021). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Annonce • Dec 13
Essity Announces Executive Changes Joséphine Edwall Björklund, Essity's Senior Vice President, Communications, and member of the company's Executive Management Team, will adopt a new role at Essity and will therefore be leaving the Executive Management Team. Joséphine Edwall Björklund joined Essity in 2012 and has since held the position of Senior Vice President, Communications with responsibility for investor relations, brand communication, media and internal communication, and has been a member of Essity's Executive Management Team. Joséphine Edwall Björklund was responsible for communication activities during the split of the company at that time and the subsequent listing of Essity in 2017, as well as for the creation and establishment of the global Essity brand. Under Joséphine's leadership, Essity received the 2020 communication award Stora Kommunikatörspriset in the Business category. Joséphine Edwall-Björklund will continue to report to Essity's President and CEO Magnus Groth in her new role, with a focus on global partnerships, such as the cooperation with the United Nations Foundation. She will leave her position as Senior Vice President, Group Function Communications, on February 15, 2023. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: kr2.23 (vs kr3.90 in 3Q 2021) Third quarter 2022 results: EPS: kr2.23 (down from kr3.90 in 3Q 2021). Revenue: kr40.1b (up 29% from 3Q 2021). Net income: kr1.57b (down 43% from 3Q 2021). Profit margin: 3.9% (down from 8.8% in 3Q 2021). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Annonce • Oct 07
Essity AB (publ) Launches Issviva - A New Brand for Women+ Experiencing Menopause In conjunction with World Menopause Day on October 18, the hygiene and health company Essity is launching a new product area and the new product brand Issviva for women+ experiencing menopause - aimed at raising awareness and breaking the taboo surrounding this transition that impacts millions of women around the world. Issviva is an innovative global e-commerce platform that provides knowledge, solutions and products for women+ during the various stages of the menopause. Visitors can use forums to submit questions to experts and share experiences and lessons learned with others. There are also complete expert guides with articles and material aimed at teaching about and preparing for the transition, as well as products and services that help women+ by alleviating symptoms that normally appear during the different stages of the menopause. Issviva's product range comprises vitamins, minerals, supplements and intimate hygiene products that complement Essity's current brands in incontinence and feminine care. In 2025, more than one billion women are expected to experience one of the phases associated with the menopause. Even though the menopause is a natural part of life, it is perceived as being a taboo subject with many preconceptions linked to fertility, sexuality and aging. In some parts of the world, the menopause is associated with disease or problems, and is often referred to sarcastically. A global survey of 15,000 respondents, conducted by Essity, also highlights significant knowledge gaps. For example, 41% of respondents state that they are knowledgeable or very knowledgeable about the menopause, though a full 75% gave the wrong answer or could not answer the false claim that menopausal women cannot become pregnant. Most of the respondents also said they would not speak out if a friend or family member mocked someone experiencing the menopause. Annonce • Sep 15
Essity Announces Executive Changes Andres Gomez, currently Vice President Sales and Marketing Hygiene Andean and Caribbean within Essity, will be appointed President Consumer Goods Americas. The Consumer Goods business unit headed by Volker Zöller remains unchanged but will be renamed Consumer Goods EMEA. The business unit Professional Hygiene will also include the Latin America Professional Hygiene business. Pablo Fuentes, current President Essity Latin America, will assume the role of President for this business unit. He succeeds Don Lewis, who has decided to leave Essity as previously announced. The business unit Health & Medical Solutions will also include the Latin America medical business and be renamed Health & Medical, headed by Ulrika Kolsrud. Furthermore, the global unit Global Operational Services will be transformed into -- Digital and Business Services. This unit will be headed by a Chief Digital Officer. Global Procurement, currently part of global unit Global Operational Services will be integrated into Global Supply Chain, headed by Donato Giorgio.Robert Sjöström, currently President Global Operational Services, will take up a new role within Essity and leave the Executive Management Team. He will continue to report to Essity's President and CEO Magnus Groth as Senior Advisor Strategic Projects. Annonce • Sep 09
Essity AB (Publ) Announces Resignation of Don Lewis as President of Professional Hygiene Don Lewis, President Professional Hygiene and member of Essity's Executive Management Team has decided to leave Essity. Don Lewis joined the company in 2002 and has held various leadership positions in Essity's professional and consumer businesses in North America and Latin America and most recently with Professional Hygiene in North America, Europe and MEIA. In 2011 he became a member of the Executive Management Team. He will step down from his position as President of Professional Hygiene by the end of 2022. His successor will be announced in due course. Annonce • Aug 19
Essity AB (publ) to Report Fiscal Year 2022 Final Results on Mar 01, 2023 Essity AB (publ) announced that they will report fiscal year 2022 final results on Mar 01, 2023 Annonce • Aug 02
Essity AB (publ) (OM:ESSITY B) completed the acquisition of 80% stake in Knix Wear Inc. Essity AB (publ) (OM:ESSITY B) agreed to acquire 80% stake in Knix Wear Inc. for approximately SEK 3.3 billion on July 8, 2022. The purchase price amounts to approximately SEK 3.3 on a cash and debt free basis for 80% of Knix Wear. Founder and Chief Executive Officer of Knix Wear, Joanna Griffiths will hold the remaining 20% share and will stay on as President of Knix Wear. In 2021, Knix Wear reported net sales of approximately SEK 914 million and the EBITDA of approximately SEK 95 million. The transaction is subject to customary regulatory approvals and is expected to be finalized in the second half of 2022.
Essity AB (publ) (OM:ESSITY B) completed the acquisition of 80% stake in Knix Wear Inc. on August 1, 2022. OMMAX GmbH acted as commercial and digital due diligence provider to Essity. Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: kr2.11 (vs kr2.52 in 2Q 2021) Second quarter 2022 results: EPS: kr2.11 (down from kr2.52 in 2Q 2021). Revenue: kr37.9b (up 31% from 2Q 2021). Net income: kr1.49b (down 16% from 2Q 2021). Profit margin: 3.9% (down from 6.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 12%, compared to a 7.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: kr0.44 (vs kr3.04 in 1Q 2021) First quarter 2022 results: EPS: kr0.44 (down from kr3.04 in 1Q 2021). Revenue: kr34.3b (up 25% from 1Q 2021). Net income: kr306.0m (down 86% from 1Q 2021). Profit margin: 0.9% (down from 7.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 12%, compared to a 2.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • Apr 23
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr34.3b (up 25% from 1Q 2021). Net income: kr306.0m (down 86% from 1Q 2021). Profit margin: 0.9% (down from 7.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 12%, compared to a 3.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year. Annonce • Apr 22
Essity AB (publ) to Report Fiscal Year 2022 Results on Jan 26, 2023 Essity AB (publ) announced that they will report fiscal year 2022 results on Jan 26, 2023 Upcoming Dividend • Mar 18
Upcoming dividend of kr7.00 per share Eligible shareholders must have bought the stock before 25 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (3.6%). In line with average of industry peers (3.0%). Recent Insider Transactions • Mar 10
President recently bought €51k worth of stock On the 8th of March, Magnus Groth bought around 3k shares on-market at roughly €20.39 per share. In the last 3 months, they made an even bigger purchase worth €99k. Magnus has been a buyer over the last 12 months, purchasing a net total of €336k worth in shares. Reported Earnings • Mar 05
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr12.27 (down from kr14.56 in FY 2020). Revenue: kr121.9b (flat on FY 2020). Net income: kr8.62b (down 16% from FY 2020). Profit margin: 7.1% (down from 8.4% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 2.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Feb 27
CFO & Executive VP recently bought €48k worth of stock On the 22nd of February, Carl Fredrik Rystedt bought around 2k shares on-market at roughly €23.90 per share. In the last 3 months, there was an even bigger purchase from another insider worth €99k. Carl Fredrik has been a buyer over the last 12 months, purchasing a net total of €111k worth in shares. Recent Insider Transactions • Feb 15
CFO & Executive VP recently bought €63k worth of stock On the 11th of February, Carl Fredrik Rystedt bought around 3k shares on-market at roughly €25.18 per share. In the last 3 months, there was an even bigger purchase from another insider worth €99k. This was Carl Fredrik's only on-market trade for the last 12 months. Annonce • Feb 03
Essity AB (publ) (OM:ESSITY B) acquired Legacy Converting Inc. for $50 million. Essity AB (publ) (OM:ESSITY B) acquired Legacy Converting Inc. for $50 million on February 2, 2022. Consideration terms include $40 million paid at closing and also includes a potential additional earnout amount of $10 million on a cash and debt-free basis. Sax Capital Advisors acted as financial advisor to Legacy Converting, Inc.
Essity AB (publ) (OM:ESSITY B) completed the acquisition of Legacy Converting Inc. on February 2, 2022. Recent Insider Transactions • Jan 31
President recently bought €99k worth of stock On the 27th of January, Magnus Groth bought around 4k shares on-market at roughly €24.70 per share. This was the largest purchase by an insider in the last 3 months. Magnus has been a buyer over the last 12 months, purchasing a net total of €387k worth in shares. Reported Earnings • Jan 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr12.27 (down from kr14.56 in FY 2020). Revenue: kr121.9b (flat on FY 2020). Net income: kr8.62b (down 16% from FY 2020). Profit margin: 7.1% (down from 8.4% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 13% while the industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Annonce • Jan 26
Essity AB (Publ) Provides Guidance for 2022 Essity AB (publ) provided guidance for 2022. The company implement further price increases in 2022. The company are continuing to deliver in line with company strategy for profitable growth and increased shareholder value. Through innovation, digitalization, sustainability initiatives and efficiency improvements, The company are increasing competitiveness. The company new target for sales growth of more than 5% includes both organic sales growth and acquisitions. The company are prioritizing to grow in the categories with the highest profitability. Annonce • Dec 30
Essity AB (publ) (OM:ESSITY B) acquired Hydrofera, LLC for approximately $130 million. Essity AB (publ) (OM:ESSITY B) acquired Hydrofera, LLC for approximately $130 million on December 29, 2021. Under the terms of agreement, the purchase price amounts to $116 million (approximately SEK 1.1 billion) with a potential additional earnout amount of $15 million (approximately SEK 137 million) on a cash and debt free basis. In 2020, the company reported net sales of approximately $23.5 million (SEK 216 million), with an EBITDA of $4.6 million (SEK 42 million) and EBITA of $4.3 million (SEK 39 million), equivalent to an EBITA margin of 18.1%. The acquisition is expected to be accretive to Essity's earnings per share in 2022.
Essity AB (publ) (OM:ESSITY B) completed the acquisition of Hydrofera, LLC on December 29, 2021. Annonce • Dec 22
Essity AB (publ) (OM:ESSITY B) acquired Aquacast Liner Llc. Essity AB (publ) (OM:ESSITY B) acquired Aquacast Liner Llc on December 21, 2021.
Essity AB (publ) (OM:ESSITY B) completed the acquisition of Aquacast Liner Llc on December 21, 2021. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS kr3.90 (vs kr3.23 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr31.1b (up 8.6% from 3Q 2020). Net income: kr2.74b (up 21% from 3Q 2020). Profit margin: 8.8% (up from 7.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 11% per year. Annonce • Oct 03
Essity Begins Tissue Production from Alternative Fibers Essity is presenting a breakthrough in sustainable tissue production and is beginning production based on pulp from wheat straw. The plant in Mannheim, Germany, is the first of its kind in Europe, and the first on a large-scale tissue production in the world. This new type of tissue paper is as soft, bright, and strong as traditional tissue paper. Essity is the first company in the tissue industry to use these agricultural leftovers at industrial scale. About half of all straw worldwide remains unused. The straw used in this production is sourced in the region and is processed by Essity. With straw instead of wood-based virgin or recovered fibers as raw material, the process also requires less water and energy. Essity has an exclusive licensing agreement for the technology, where the straw-based pulp will maintain the same quality as conventional wood-based pulp at a competitive cost. The straw pulp will initially be used in tissue products for the German consumer retail market under Essity's market-leading brand for household towels and toilet paper, Zewa. The products will contain about 30% straw-based pulp. The Mannheim plant is Essity's large tissue plant in Europe with an annual production capacity of 283,000 tons of tissue. Annually, the company will regionally source 70,000 tons of straw that will become about 35,000 tons of pulp. The production of paper from straw pulp is part of Essity's work to increase circularity and achieve net zero emissions by 2050. Reported Earnings • Jul 18
Second quarter 2021 earnings released: EPS kr2.52 (vs kr2.97 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: kr29.0b (up 2.0% from 2Q 2020). Net income: kr1.77b (down 15% from 2Q 2020). Profit margin: 6.1% (down from 7.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year. Annonce • Jun 08
Essity Launches TENA Stylish Incontinence Underwear Exclusively At Walmart Essity announced the launch of TENA Stylish Incontinence Underwear a form-fitting incontinence underwear product designed to look like real underwear and designed with a super absorbent core that locks in liquid with maximum absorbency. TENA Stylish™ Incontinence Underwear is now exclusively available for purchase in Walmart stores across the United States and online at Walmart.com. Featuring cottony-soft stretch fabric that is soft and gentle on the skin, TENA Stylish Incontinence Underwear provides triple protection against bladder leaks, urine odor, and wetness for women with significant bladder leakage. Recent Insider Transactions • Apr 28
President recently bought €138k worth of stock On the 26th of April, Magnus Groth bought around 5k shares on-market at roughly €27.57 per share. This was the largest purchase by an insider in the last 3 months. Magnus has been a buyer over the last 12 months, purchasing a net total of €338k worth in shares. Reported Earnings • Apr 24
First quarter 2021 earnings released: EPS kr3.04 (vs kr4.61 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr27.5b (down 18% from 1Q 2020). Net income: kr2.13b (down 34% from 1Q 2020). Profit margin: 7.7% (down from 9.6% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year. Executive Departure • Mar 30
Independent Director has left the company On the 25th of March, Maija-Liisa Friman's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under Maija-Liisa's name. Maija-Liisa is the only executive to leave the company over the last 12 months. Annonce • Mar 20
Essity Launches Libresse V-Cup Essity is continuing to expand its range toward more sustainable products through the launch of Libresse V-Cup, a reusable menstrual cup, in Denmark, Finland, Norway and Sweden. Libresse V-Cup is a compliment to the brand's assortment providing an opportunity for women to choose the product that best suits their lifestyle. Essity has previously launched menstrual cups in Latin America. Libresse V-Cup is made from 100% soft medical-grade silicone. The menstrual cup's soft material and form help it to remain securely in place, offering protection for up to 12 hours. It is reusable and durable, and therefore helps to reduce the amount of waste. Upcoming Dividend • Mar 20
Upcoming Dividend of kr6.75 Per Share Will be paid on the 1st of April to those who are registered shareholders by the 26th of March. The trailing yield of 2.5% is below the top quartile of German dividend payers (3.3%), but is in line with industry peers (2.5%). Reported Earnings • Mar 05
Full year 2020 earnings released: EPS kr14.56 (vs kr13.12 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: kr121.8b (down 5.6% from FY 2019). Net income: kr10.2b (up 11% from FY 2019). Profit margin: 8.4% (up from 7.1% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.