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BRIEF-SCA sets hygiene business target at above 3 pct annual core growth
April 27, 2017 / 5:53 AM / 8 months ago

BRIEF-SCA sets hygiene business target at above 3 pct annual core growth

April 27 (Reuters) - Svenska Cellulosa Sca Ab

* Changed financial targets for the hygiene business

* The financial targets for the hygiene business have been updated in conjunction with the split of the SCA Group into two listed companies; the forest products company SCA and the hygiene and health company Essity

* The current targets for Personal Care and Tissue have been replaced with targets for the Group

* Sca ab says new targets for group are now annual organic growth of above 3% and adjusted return on capital employed of above 15%

* The target levels have been determined on the basis of the weighted average of the previous targets, taking into account the assessed impact of the BSN medical acquisition. Source text for Eikon: Further company coverage: (Reporting By Anna Ringstrom)

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