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Essity AB (publ) (ESSITYa.ST)

ESSITYa.ST on Stockholm Stock Exchange

302.50SEK
19 Oct 2020
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Latest Key Developments (Source: Significant Developments)

Essity Launches Face Masks For Consumers And Professional Users
Friday, 16 Oct 2020 

Oct 16 (Reuters) - Essity AB (publ) ::ESSITY LAUNCHES FACE MASKS FOR CONSUMERS AND PROFESSIONAL USERS.EXTENDING ITS OFFERING BY LAUNCHING FACE MASKS IN ITS RETAIL AND PROFESSIONAL HYGIENE BUSINESSES..WILL LAUNCH TYPE II AND TYPE IIR FACE MASKS IN SEVERAL EUROPEAN MARKETS.FACE MASKS ARE DEVELOPED AND PRODUCED IN EUROPE AND LATIN AMERICA. ESSITY WILL CONTINUE LAUNCH IN MORE MARKETS DURING 2021.  Full Article

Essity Boosts Hand Sanitizer Supply In Europe
Wednesday, 14 Oct 2020 

Oct 14 (Reuters) - Essity AB (publ) ::ESSITY BOOSTS HAND SANITIZER CAPACITY IN EUROPE.GROUP WILL INCREASE ITS SUPPLY CAPACITY OF HAND SANITIZER IN EUROPE AS OF Q4 OF 2020.INCREASED CAPACITY ENABLES CONTINUED HIGH GROWTH OF EXISTING RANGE BUT ALSO NEW PRODUCT LAUNCHES..  Full Article

Essity says capital expenditure may be lower 2020 than earlier planned -CEO
Thursday, 23 Apr 2020 

April 23 (Reuters) - Essity AB (publ) executives in a conference call with analysts and media::ESSITY CEO SAYS WE BELIEVE PROFESSIONAL HYGIENE'S 25% Q1 SALES JUMP WAS DUE TO DISTRIBUTORS STOCKPILING BECAUSE UNSURE PRODUCERS WOULD BE ABLE TO CONTINUE TO SUPPLY IN LINE WITH DEMAND.ESSITY CFO SAYS PRICE ADJUSTMENTS ON CONSUMER TISSUE IN Q1 IN EUROPE WERE IN LINE WITH EXPECTATIONS.ESSITY CEO SAYS THERE WILL BE NEED FOR PRICE INCREASES IN LATIN AMERICA, ELSEWHERE FOCUS IS CURRENTLY MORE ON KEEPING SUPPLY CHAINS UP THAN ON PRICES.ESSITY CEO SAYS WE EXPECT MORE CHALLENGING MARKET CONDITIONS IN SOUTHEAST ASIA IN Q2 AS MARKETS ENTER THE PANDEMIC PHASE THAT EUROPE IS IN CURRENTLY.ESSITY CEO SAYS DEMAND FROM HEALTHCARE SECTOR FOR PROFESSIONAL HYGIENE DIVISION'S PRODUCTS SUCH AS SOAP AND HAND SANITIZERS IS GROWING VERY WELL.ESSITY CEO SAYS IT'S POSSIBLE CAPITAL EXPENDITURE WILL BE LOWER THAN THE EARLIER PLANNED 7.5 BILLION SEK.  Full Article

Essity Q1 Adjusted EBITA Up At SEK 5.33 Bln
Thursday, 23 Apr 2020 

April 23 (Reuters) - Essity AB (publ) ::Q1 ADJUSTED EBITA INCREASED 67% TO SEK 5,333M (3,190).Q1 ORGANIC NET SALES INCREASED 7.8%.IN LONG-TERM, COVID-19 PANDEMIC MAY LEAD TO INCREASED DEMAND FOR HYGIENE AND HEALTH PRODUCTS DUE TO, FOR EXAMPLE, A GREATER FOCUS ON HAND HYGIENE.Q1 NET SALES INCREASED 10.0% TO SEK 33,712M (30,656).PRODUCTION FACILITIES OUTSIDE OF CHINA DID NOT EXPERIENCE ANY MAJOR PRODUCTION DISRUPTIONS DUE TO COVID-19 PANDEMIC.DISTRIBUTION COSTS HAVE INCREASED.LOWER PRICES, MAINLY RELATED TO CONSUMER TISSUE IN EUROPE AND ASIA, HAD A NEGATIVE IMPACT ON GROSS MARGIN..SPREAD OF COVID-19 AND RELATED COUNTERMEASURES MEAN LEVEL OF UNCERTAINTY IN FUTURE FORECASTS IS MUCH GREATER THAN NORMAL.BOARD INTENDS TO REVISIT ISSUE CONCERNING A DIVIDEND LATER IN YEAR WHEN A BETTER OVERVIEW CAN BE GAINED OF EFFECTS OF ONGOING COVID-19 PANDEMIC.  Full Article

Essity: Higher Sales And Earnings During Q1 2020
Tuesday, 14 Apr 2020 

April 14 (Reuters) - Essity AB (publ) ::HIGHER SALES AND EARNINGS FOR ESSITY DURING THE FIRST QUARTER OF 2020.ESSITY AB (PUBL) - ON ACCOUNT OF SUBSTANTIAL INCREASE IN NET SALES AND EARNINGS FOR Q1 OF 2020 COMPARED WITH CORRESPONDING PERIOD A YEAR AGO, ESSITY IS TODAY PUBLISHING ITS PRELIMINARY RESULT FOR Q1 OF 2020.ESSITY AB (PUBL) - STRONG DEVELOPMENT IS PARTIALLY A CONSEQUENCE OF COVID-19 PANDEMIC.ESSITY AB (PUBL) - GROUP'S NET SALES AMOUNTED TO SEK 33,712M AND ORGANIC NET SALES INCREASED 7.8% IN Q1 OF 2020 COMPARED WITH CORRESPONDING PERIOD A YEAR AGO..ESSITY AB (PUBL) - Q1 ADJUSTED ADJUSTED EBITA INCREASED 67% TO SEK 5,333M (3,190)..ESSITY AB (PUBL) - GROUP'S Q1 ADJUSTED EBITA MARGIN(1)) INCREASED 5.4 PERCENTAGE POINTS TO 15.8%..ESSITY AB (PUBL) - COVID-19 PANDEMIC HAS RESULTED IN A SHARP INCREASE IN SALES IN MANY MARKETS FOR CONSUMER TISSUE, INCONTINENCE PRODUCTS, BABY CARE, FEMININE CARE AND PROFESSIONAL HYGIENE AS A RESULT OF HOARDING AMONG CONSUMERS AND DISTRIBUTORS.ESSITY AB (PUBL) - IN MARCH 2020, ORGANIC NET SALES FOR GROUP INCREASED 19.7% COMPARED WITH MARCH 2019.ESSITY AB (PUBL) - IN LONG-TERM, COVID-19 MAY LEAD TO INCREASED DEMAND FOR HYGIENE AND HEALTH PRODUCTS DUE TO, GREATER FOCUS ON HAND HYGIENE.ESSITY AB (PUBL) - MARCH ORGANIC NET SALES FOR PERSONAL CARE ROSE BY 17.0%, FOR CONSUMER TISSUE BY 19.5% AND FOR PROFESSIONAL HYGIENE BY 24.5%.ESSITY AB (PUBL) - SALES IN FUTURE QUARTERS MAY BE ADVERSELY IMPACTED BY HOARDING SEEN IN MARCH.  Full Article

Essity Starts Production In Sweden Of Surgeon Masks
Wednesday, 8 Apr 2020 

April 8 (Reuters) - Essity AB (publ) ::STARTED PRODUCTION IN SWEDEN OF SURGEON MASKS FOR USE IN HEALTHCARE.AMBITION IS FOR THE FIRST MASKS TO BE DELIVERED WITHIN NEXT FEW WEEKS.THE SWEDISH FACTORY HAS CAPACITY TO PRODUCE 3 MILLION MASKS IN A MONTH.HAS BOUGHT A NEW MACHINE WITH PRODUCTION CAPACITY OF 30 MILLION MASKS IN A MONTH, THE NEW MACHINE IS ESTIMATED TO BE OPERATIONAL AFTER SUMMER.  Full Article

Essity Acquires Smart Ultrasound Technology For Incontinence Care
Wednesday, 1 Apr 2020 

April 1 (Reuters) - Essity AB (publ) ::ESSITY ACQUIRES SMART ULTRASOUND TECHNOLOGY FOR INCONTINENCE CARE.SAYS PURCHASE PRICE IS APPROXIMATELY SEK 70M (EUR 6.5M) ON A DEBT-FREE BASIS.SAYS COMPANY DEVELOPS A WEARABLE ULTRASOUND TECHNOLOGY THAT MONITORS BLADDER AND ENABLES CONTINENCE CONTROL.  Full Article

Essity's Board Proposes Postponement Of Dividend Decision
Monday, 30 Mar 2020 

March 30 (Reuters) - Essity AB (publ) ::ESSITY'S BOARD OF DIRECTORS PROPOSES POSTPONEMENT OF DIVIDEND DECISION.ON APRIL 2, 2020, BOARD OF DIRECTORS WILL PROPOSE THAT MEETING POSTPONES A DECISION REGARDING DIVIDEND FOR 2019.BOARD OF DIRECTORS' PREVIOUS ASSESSMENT OF A DIVIDEND OF SEK 6.25 PER SHARE REMAINS.EARLIER PERIODS OF DECLINING ACTIVITY IN GLOBAL ECONOMY HAVE HAD A LIMITED IMPACT ON COMPANY.BOARD OF OPINION THAT COMPANY IS WELL POSITIONED FOR A POSSIBLE GLOBAL ECONOMIC SLOWDOWN.  Full Article

Essity Acquires 75% Of The Medical Solutions Company Abigo Medical AB
Thursday, 27 Feb 2020 

Feb 27 (Reuters) - Essity AB (publ) ::ESSITY ACQUIRES 75% OF THE MEDICAL SOLUTIONS COMPANY ABIGO MEDICAL AB.ESSITY AB (PUBL) - COMPANY AS A WHOLE IS VALUED AT SEK 900M ON A DEBT-FREE BASIS..ESSITY AB (PUBL) - COMPLETION OF TRANSACTION IS SUBJECT TO CUSTOMARY REGULATORY APPROVALS AND CLOSING IS EXPECTED TO TAKE PLACE DURING Q2 OF 2020..ESSITY AB (PUBL) - JAN G. SMITH WILL RETAIN A 25% STAKE IN COMPANY AND REMAIN AS CHAIRMAN OF BOARD..ESSITY AB (PUBL) - HYGIENE AND HEALTH COMPANY ESSITY HAS SIGNED AN AGREEMENT TO ACQUIRE 75% OF SWEDISH MEDICAL SOLUTIONS COMPANY ABIGO MEDICAL AB.ESSITY AB (PUBL) - ACQUISITION IS A GOOD STRATEGIC FIT FOR ESSITY AND STRENGTHENS INNOVATION CAPACITY OF OUR MEDICAL SOLUTIONS BUSINESS.ESSITY AB (PUBL) - COMPANY AS A WHOLE IS VALUED AT SEK 900M ON A DEBT-FREE BASIS.ESSITY AB (PUBL) - CLOSING IS EXPECTED TO TAKE PLACE DURING Q2 OF 2020.  Full Article

Essity Raises EUR 300 Mln In Bond Market
Tuesday, 28 Jan 2020 

Jan 28 (Reuters) - Essity AB (publ) ::ESSITY RAISES EUR 300M IN THE BOND MARKET.BOND ISSUE WAS OVERSUBSCRIBED AND BONDS WERE SUBSEQUENTLY PLACED WITH 93 INVESTORS.BONDS WILL BE LISTED ON LUXEMBOURG STOCK EXCHANGE.REOFFERING YIELD FOR BOND WAS 0.58% WITH A MATURITY ON FEBRUARY 3, 2030, CORRESPONDING TO MID SWAPS +0.58 PERCENTAGE POINTS.PURPOSE OF ISSUE IS TO FINANCE OPERATIONS.  Full Article