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Essity B 227.7 (+1.5 SEK) on 16-Aug-2018 17:29

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Essity has the following four business units.


  • Health and Medical Solutions, which offers incontinence products in Europe and North America and medical solutions in Asia, Europe and North America.
  • Consumer Goods, which offers consumer tissue, baby care and feminine care in Europe, the Middle East and Africa.
  • Latin America, which offers consumer tissue, baby care, incontinence products, medical solutions, feminine care and professional hygiene in Latin America.
  • Professional Hygiene, which offers professional hygiene in Europe and North America.
In addition to the business units, Essity has established three global units:
 
  • Global Hygiene Category (GHC), with global responsibility for customer and consumer brands and innovation.
  • Global Hygiene Supply Tissue (GHS-T), with global responsibility for sourcing, production, logistics and technology in Consumer Tissue and Professional Hygiene.
  • Global Hygiene Supply Personal Care (GHS-PC), with global responsibility for sourcing, production, logistics and technology in Personal Care.
 

Essity's business units and global units adhere to the principle of distinct decentralisation of responsibility and authority. The business units and global units are fully responsible for developing their respective operations through established goals and strategies; a process that is also centrally coordinated.

The business and global units are responsible for their operating result, capital and cash flow. The position of the business and results are followed up by the entire Corporate Senior Management Team on monthly basis.

Each quarter, business and global units review meetings are conducted where the management of each business unit personally meets the President, the CFO and others. These meetings function as a complement to the daily monitoring of operations. Through formal work plans and tems of reference, a number of issues of material significance are placed under the control of the CEO and the Parent Company's Board of Directors.