Financial data

This section contains financial data in Excel format, including income statements, balance sheets, cash flow statements, and multi-year key figures, enabling detailed analysis and comparison over time.

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Consolidated income statement
SEKm 20251) 20241) 20231) 20221) 20211) 2020 2019 2018 2017 2016
Net sales 138,494 145,546 147,147 131,320 101,466 121,752 128,975 118,500 109,265 101,238
Cost of goods sold -92,351 -97,929 -102,627 -97,395 -72,176 -82,132 -90,876 -85,058 -76,899 -72,438
Items affecting comparability (IAC) - cost of goods sold -21 -483 -1,349 -1,899 -146 -181 -243 -1,437 -509 -532
Gross profit 46,122 47,134 43,171 32,026 29,144 39,439 37,856 32,005 31,857 28,268
Gross profit excl. IAC 46,143 47,617 44,520 33,925 29,290 39,620 38,099 33,442 32,366 28,800
Sales, general and administration -26,571 -27,351 -25,661 -21,916 -17,897 -22,088 -22,319 -20,570 -19,130 -16,965
Items affecting comparability (IAC) - sales, general and administration -48 -386 -942 -272 517 122 -470 62 -346 -2,113
Share of results of associates and joint ventures2) - 78 39 38 59 94 60 63 169 157
Operating profit before amortization of acquisition-related intangible assets (EBITA) 19,503 19,475 16,607 9,876 11,823 17,567 15,127 11,560 12,550 9,347
Operating profit before amortization of acquisition-related intangible assets (EBITA), excl. IAC 19,572 20,344 18,898 12,047 11,452 17,626 15,840 12,935 13,405 11,992
Amortization of acquisition-related intangible assets -972 -1,110 -1,109 -1,111 -844 -809 -778 -732 -560 -159
Items affecting comparability (IAC) - acquisition-related intangible assets - -70 -350 -274 - - - -69 -85 -180
Operating profit 18,531 18,295 15,148 8,491 10,979 16,758 14,349 10,759 11,905 9,008
Operating profit excl. IAC 18,600 19,234 17,789 10,936 10,608 16,817 15,062 12,203 12,845 11,833
Share of results of associates and joint ventures2) 14 - - - - - - - - -
Financial income 257 593 412 141 81 108 106 91 158 202
Financial expenses -1,641 -2,524 -2,768 -1,461 -648 -1,066 -1,415 -1,248 -1,340 -1,037
Profit before tax 17,161 16,364 12,792 7,171 10,412 15,800 13,040 9,602 10,723 8,173
Profit before tax excl. IAC 17,230 17,303 15,433 9,616 10,041 15,859 13,753 11,046 11,663 10,998
Income taxes -4,443 -4,331 -3,275 -2,006 -2,398 -4,053 -2,828 -1,050 -1,938 -3,931
Profit for the period, continuing operations 12,718 12,033 9,517 5,165 8,014
Profit for the period excl. IAC, continuing operations 12,718 12,778 11,634 7,410 7,566
Profit for the period, discontinued operations - 9,015 279 899 1,797
Profit for the period 12,718 21,048 9,796 6,064 9,810 11,747 10,212 8,552 8,785 4,242
Earnings attributable to:
Owners of the Parent company
Profit for the period, continuing operations 12,656 11,969 9,440 5,110 7,695
Profit for the period, discontinued operations - 8,919 114 457 925
Profit for the period, total operations 12,656 20,888 9,554 5,567 8,620 10,228 9,216 7,886 8,116 3,800
Non-controlling interests
Profit for the period, continuing operations 62 64 77 55 318
Profit for the period, discontinued operations - 96 165 442 872
Profit for the period, total operations 62 160 242 497 1,190 1,519 996 666 669 442
Earnings per share - owners of the Parent company
Earnings per share before and after dilution effects, SEK 3) 18.37 29.83 13.60 7.93 12.27 14.56 13.12 11.23 11.56 5.41
Earnings per share before and after dilution effects, continuing operations, SEK 18.37 17.09 13.44 7.28 10.96
Earnings per share before and after dilution effects, discontinued operations, SEK - 12.74 0.16 0.65 1.32
Dividend per share, SEK 8.75 8.25 7.75 7.25 7.00 6.75 6.25 5.75 5.75
Average number of shares before and after dilution, million 3) 689.0 700.3 702.3 702.3 702.3 702.3 702.3 702.3 702.3 702.3
By operating segment (SEKm)
Net Sales
Health & Medical 4) 27,468 28,599 27,729 24,708 21,255 21,170 22,075
Consumer Goods 4) 75,095 78,892 79,912 72,241 55,821 75,146 76,169
Professional Hygiene 35,904 38,067 39,481 34,393 24,392 25,418 30,731
Other 27 -12 25 -22 -2 18 -
Total 138,494 145,546 147,147 131,320 101,466 121,752 128,975 118,500 109,265 101,238
EBITA excl. IAC 5)
Health & Medical 4) 4,946 5,509 4,037 2,904 3,800 3,668 3,734
Consumer Goods 4) 9,605 9,509 9,797 6,354 5,767 11,538 8,333
Professional Hygiene 6,364 6,829 6,288 3,843 2,673 3,317 4,463
Other -1,343 -1,503 -1,224 -1,054 -789 -897 -690 -591 -620 -577
Total EBITA excl. IAC 5) 19,572 20,344 18,898 12,047 11,451 17,626 15,840 12,935 13,405 11,992
1) Income statement for the 2021-2025 period refers to continuing operations.
2) Until 2024, the share of results of associates and joint ventures was recognized in operating profit. From 2025 onwards, these results are recognized below operating profit.
3) Indicative earnings per share on the assumption that the number of issued shares in Essity as of December 31, 2016 corresponded to the number of issued shares in Essity on December 31, 2018 (702.3 million).
4) Essity has decided on new business areas which, as of January 1, 2022, consist of Health & Medical, Consumer Goods and Professional Hygiene. Comparative figures for the new Health & Medical and Consumer Goods
business areas have been restated from 2019.
5) Excluding items affecting comparability.

Last updated: 6/25/2026 10:56 AM

Consolidated balance sheet
SEKm Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
ASSETS
Non-current assets
Goodwill 36,861 41,137 39,337 44,786 37,803 32,324 34,581 33,553 31,697 19,253
Intangible assets 18,273 20,734 21,345 25,346 21,806 18,574 21,182 21,475 21,424 7,665
Property, plant and equipment 46,308 48,304 44,909 57,471 53,965 49,019 53,079 51,673 48,482 47,494
Right-of-use assets 3,752 4,088 3,934 5,427 4,953 4,612 3,821 - - -
Investments in associates and joint ventures 307 351 294 291 239 847 865 777 1,062 1,096
Shares and participations 8 8 6 6 7 7 8 29 32 32
Surplus in funded pension plans 4,340 2,475 3,072 1,965 1,439 2,817 2,841 1,117 1,148 335
Non-current receivables, Group companies - - - - - - - - - -
Non-current financial receivables, Group companies - - - - - - - - - 3
Non-current financial assets 142 128 117 123 412 738 694 634 552 714
Deferred tax assets 2,122 2,326 2,343 2,545 2,012 1,823 2,539 2,158 2,232 1,457
Other non-current assets 725 824 745 1,620 1,411 768 704 705 469 241
Total non-current assets 112,838 120,375 116,102 139,580 124,047 111,529 120,314 112,121 107,098 78,290
Current assets
Inventories 18,153 18,914 17,546 28,888 19,339 16,383 15,764 15,234 13,739 10,944
Trade receivables 21,332 23,538 21,920 25,990 19,871 17,825 19,864 18,687 17,607 15,843
Current tax assets 1,626 1,673 1,289 1,152 952 760 745 2,126 769 740
Current receivables, Group companies - - - - - - - - - 57
Current financial receivables, Group companies - - - - - - - - - 1,433
Other current receivables 3,414 4,480 3,391 5,761 5,787 2,173 2,113 2,599 2,549 2,333
Current financial assets 1,266 5,342 5,259 4,941 1,150 993 525 422 1,105 244
Non-current assets held for sale - - - - - - 42 69 42 156
Cash and cash equivalents 8,487 10,962 5,159 4,288 3,904 4,982 2,928 3,008 4,107 4,244
Total current assets 54,278 64,909 54,564 71,020 51,003 43,116 41,981 42,145 39,918 35,994
Total assets, continuing operations 167,116 185,284 170,666 - - - - - - -
Assets held for sale - - 32,327 - - - - - - -
Total assets, total operations 167,116 185,284 202,993 210,600 175,050 154,645 162,295 154,266 147,016 114,284
EQUITY AND LIABILITIES
Equity
Owners of the Parent company
Share capital 2,350 2,350 2,350 2,350 2,350 2,350 2,350 2,350 2,350 -
Reserves 4,257 13,224 9,421 11,477 6,416 581 6,284 5,003 3,154 4,061
Retained earnings including profit/loss for the year 79,018 72,740 59,075 53,519 51,108 51,421 45,491 39,788 36,785 29,143
Equity attributable to owners of the Parent company 85,625 88,314 70,846 67,346 59,874 54,352 54,125 47,141 42,289 33,204
Non-controlling interests 415 427 8,559 1) 9,218 8,633 8,990 8,676 7,758 7,281 6,376
Total equity 86,040 88,741 79,405 76,564 68,507 63,342 62,801 54,899 49,570 39,580
Non-current liabilities
Non-current financial liabilities 31,386 40,674 45,336 58,242 47,443 38,202 43,079 43,500 47,637 31,299
Non-current liabilities, Group companies - - - - - - - - - 48
Provisions for pensions 2,146 2,578 2,587 2,671 4,149 5,328 5,866 5,258 4,541 5,273
Deferred tax liabilities 6,272 6,978 6,935 8,718 7,574 6,150 6,545 7,272 7,090 3,872
Other non-current provisions 384 507 466 491 396 445 541 1,694 1,481 1,407
Other non-current liabilities 92 516 1,073 1,196 86 105 183 71 79 72
Total non-current liabilities 40,280 51,253 56,397 71,318 59,648 50,230 56,214 57,795 60,828 41,971
Current liabilities
Current financial liabilities 7,246 6,424 15,648 13,273 10,746 8,688 8,983 10,827 7,201 5,089
Current liabilities, Group companies - - - - - - - - - 259
Current financial liabilities, Group companies - - - - - - - - - 485
Trade payables 14,437 17,098 15,119 25,644 18,030 14,791 15,802 15,911 14,748 12,972
Current tax liabilities 1,847 1,442 2,165 1,589 1,576 2,301 2,432 570 553 915
Current provisions 1,200 1,377 1,408 1,217 736 748 1,065 1,472 1,547 1,409
Other current liabilities 16,066 18,949 19,143 20,995 15,807 14,545 14,998 12,792 12,569 11,604
Total current liabilities 40,796 45,290 53,483 62,718 46,895 41,073 43,280 41,572 36,618 32,733
Total liabilities, continuing operations 81,076 96,543 109,880 - - - - - - -
Liabilities directly attributable to assets held for sale - - 13,708 - - - - - - -
Total equity and liabilities, total operations 167,116 185,284 202,993 210,600 175,050 154,645 162,295 154,266 147,016 114,284
1) Of which attributable to discontinued operations 8,145
Contingent liabilities and pledged assets, see Note G2 in the Annual Report 2025.

Last updated: 6/25/2026 10:56 AM

Consolidated operating cash flow statement
SEKm 20251) 20241) 20231) 20221) 20211) 2020 2019 2018 2017 2016
Net sales 138,494 145,546 147,147 131,320 101,466 121,752 128,975 118,500 109,265 101,238
Operating expenses -112,772 -119,107 -122,162 -113,542 -84,975 -97,555 -106,416 -100,165 -90,867 -84,498
Operating surplus 25,722 26,439 24,985 17,778 16,491 24,197 22,559 18,335 18,398 16,740
Adjustment for non-cash items 579 559 584 623 496 456 373 235 67 19
Operating cash surplus 26,301 26,998 25,569 18,401 16,987 24,653 22,932 18,570 18,465 16,759
Change in
Inventories -916 -946 2,505 -4,750 -1,578 -2,207 -194 -1,017 -1,703 1,059
Operating receivables 853 -2,218 -19 -3,492 -2,171 53 -1,949 -344 1,522 -298
Operating liabilities -2,882 2,756 -1,401 4,018 2,777 1,344 2,502 390 -559 835
Change in working capital -2,945 -408 1,085 -4,224 -972 -810 359 -971 -740 1,596
Investments in non-current assets, net -6,898 -7,332 -6,819 -5,362 -5,182 -6,439 -5,707 -6,781 -6,012 -6,255
Restructuring costs, etc. -741 -1,456 -1,542 -659 -697 -977 -1,494 -918 -1,091 -1,102
Investments in operating assets through leases -719 -560 -608 -476 -392 -409 -451 0 0 0
Operating cash flow 14,998 17,242 17,685 7,680 9,744 16,018 15,639 9,900 10,622 10,998
Financial items -1,384 -1,931 -2,356 -1,320 -567 -958 -1,309 -1,157 -1,182 -835
Income taxes paid -4,713 -5,860 -3,615 -2,175 -3,147 -3,917 -1,130 -2,466 -2,971 -3,782
Other 27 34 -89 -97 -39 32 8 86 175 149
Cash flow from current operations 8,928 9,485 11,625 4,088 5,991 11,175 13,208 6,363 6,644 6,530
Acquisitions of Group companies and other operations - -68 -182 -4,955 -11,813 -747 -143 -694 -26,045 -6,540
Divestments of Group companies and other operations 5 23,908 1,249 - 15 367 220 68 29 369
Cash flow from acquisitions and divestments 5 23,840 1,067 -4,955 -11,798 -380 77 -626 -26,016 -6,171
Cash flow before transactions with shareholders 8,933 33,325 12,692 -867 -5,807 10,795 13,285 5,737 -19,372 359
Private placement to non-controlling interests - - - - - 64 4 5 28 435
Dividend -5,711 -5,443 -5,092 -4,916 -4,741 -4,390 -4,038 -4,038 - -
Dividend to non-controlling interests -20 -23 -2 -21 -273 -423 -336 -397 -285 -190
Repurchase of own shares -3,160 -2,224
Transactions with shareholders - - - - - - - - 838 -14,571
Net cash flow continuing operations 42 25,635 7,598 -5,804 -10,821
Net cash flow discontinued operations - -467 866 952 628
Net cash flow total operations 42 25,168 8,464 -4,852 -10,193 6,046 8,915 1,307 -18,791 -13,967
Net debt, January 1 -30,769 -53,703 -62,869 -55,433 -42,688 -50,940 -54,404 -52,467 -35,173 -19,058
Changed opening balance for net debt due to IFRS 16 Leases - - - - - - -3,786 - - -
Net cash flow 42 25,168 8,464 -4,852 -10,193 6,046 8,915 1,307 -18,791 -13,967
Remeasurements to equity 2,423 96 1,339 2,281 -147 -199 488 -1,041 1,061 -1,570
Investments in non-operating assets through leases -331 -581 -491 -562 -385 -399 -434 - - -
Translation differences 2,092 -1,749 -146 -4,303 -2,020 2,804 -1,719 -2,203 436 -578
Net debt, December 31 -26,543 -30,769 -53,703 -62,869 -55,433 -42,688 -50,940 -54,404 -52,467 -35,173
1) Operating cash flow statement for the 2021-2025 period refers to continuing operations.

Last updated: 6/25/2026 10:56 AM

Multi-year summary
SEKm 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
INCOME STATEMENT 1)
Net sales 138494 145,546 147,147 131,320 101,466 121,752 128,975 118,500 109,265 101,238
EBITA excl. IAC 19572 20,344 18,898 12,047 11,451 17,626 15,840 12,935 13,405 11,992
Health & Medical 4,946 5,509 4,037 2,904 3,800 3,668 3,734
Consumer Goods 9,605 9,509 9,797 6,354 5,767 11,538 8,333
Professional Hygiene 6,364 6,829 6,288 3,843 2,673 3,317 4,463
Other operations -1,343 -1,503 -1,224 -1,054 -789 -897 -690 -591 -620 -577
Items affecting comparability (IAC) -69 -869 -2,291 -2,171 371 -59 -713 -1,375 -855 -2,645
EBITA2) 19503 19,475 16,607 9,876 11,823 17,567 15,127 11,560 12,550 9,347
Amortization of acquisition-related intangible assets -972 -1,110 -1,109 -1,111 -844 -809 -778 -732 -560 -159
Items affecting comparability (IAC) - -70 -350 -274 - - - -69 -85 -180
Operating profit 18531 18,295 15,148 8,491 10,979 16,758 14,349 10,759 11,905 9,008
Share of results of associates and joint ventures 2) 14 - - - - - - - - -
Financial income3) 257 593 412 141 81 108 106 91 158 202
Financial expenses -1,641 -2,524 -2,768 -1,461 -648 -1,066 -1,415 -1,248 -1,340 -1,037
Profit before tax 17,161 16,364 12,792 7,171 10,412 15,800 13,040 9,602 10,723 8,173
Income taxes -4,443 -4,331 -3,275 -2,006 -2,398 -4,053 -2,828 -1,050 -1,938 -3,931
Profit for the period 12,718 12,033 9,517 5,165 8,014 11,747 10,212 8,552 8,785 4,242
BALANCE SHEET
Non-current assets (excluding financial receivables) 108,356 117,772 112,913 137,492 122,196 107,974 116,779 110,370 105,398 77,238
Receivables and inventories 44,525 48,605 44,146 61,791 45,949 37,141 38,486 38,646 34,664 29,917
Non-current assets held for sale - - - - - - 42 69 42 156
Financial receivables 4,482 2,603 3,189 2,088 1,851 3,555 3,535 1,751 1,700 1,052
Current financial assets 1,266 5,342 5,259 4,941 1,150 993 525 422 1,105 1,677
Cash and cash equivalents 8,487 10,962 5,159 4,288 3,904 4,982 2,928 3,008 4,107 4,244
Assets held for sale, discontinued operations - - 32,327 - - - - - - -
Total assets 167,116 185,284 202,993 210,600 175,050 154,645 162,295 154,266 147,016 114,284
Equity 85,625 88,314 70,846 67,346 59,874 54,352 54,125 47,141 42,289 33,204
Non-controlling interests 415 427 8,559 9,218 8,633 8,990 8,676 7,758 7,281 6,376
Provisions 10,002 11,440 11,396 13,097 12,855 12,671 14,017 15,696 14,659 11,961
Interest-bearing debt 38,632 47,098 60,984 71,515 58,189 46,890 52,062 54,327 54,838 36,873
Operating and other non-interest bearing liabilities 32,442 38,005 37,500 49,424 35,499 31,742 33,415 29,344 27,949 25,870
Liabilities directly associated with assets held for sale - - 13,708 - - - - - - -
Total equity and liabilities 167,116 185,284 202,993 210,600 175,050 154,645 162,295 154,266 147,016 114,284
Average capital employed 3) 113,649 115,346 115,105 110,727 92,227 112,473 114,663 107,575 90,167 73,145
Net debt, including pension provisions 26,543 30,769 53,703 62,869 55,433 42,688 50,940 54,404 52,467 35,173
OPERATING CASH FLOW STATEMENT 1)
Operating cash flow 14,998 17,242 17,685 7,680 9,744 16,018 15,639 9,900 10,622 10,998
Cash flow from current operations 8,928 9,485 11,625 4,088 5,991 11,175 13,208 6,363 6,644 6,530
Cash flow before transactions with shareholders 8,933 33,325 12,692 -867 -5,807 10,795 13,285 5,737 -19,372 359
Investments in non-current assets, net -6,898 -7,332 -6,819 -5,362 -5,182 -6,439 -5,707 -6,781 -6,012 -6,255
Acquisitions of Group companies and other operations - -68 -182 -4,955 -11,813 -747 -143 -694 -26,045 -6,540
Divestments of Group companies and other operations 5 23,908 1,249 - 15 367 220 68 29 369
Net cash flow 42 25,635 7,598 -5,804 -10,821 6,046 8,915 1,307 -18,791 -13,967
1) Income statement and operating cash flow statement for the 2021-2025 period refer to continuing operations.
2) Until 2024, the share of results of associates and joint ventures was recognized in operating profit. From 2025 onwards, these results are recognized below operating profit.
3) Calculation of average capital employed is based on five measurements.

Last updated: 6/25/2026 10:56 AM

Key figures
2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
SEK SEK SEK SEK SEK SEK SEK SEK SEK SEK SEK
Equity/assets ratio, % 51 48 35 32 34 35 33 31 29 29 37
Interest coverage ratio 1) 13.4 9.5 6.4 6.4 19.4 17.5 11.0 9.3 10.1 10.8 11.7
Debt payment capacity, including pension liabilities, % 1) 74 59 34 24 26 46 38 25 26 29 65
Debt/equity ratio, including pension liabilities 0.31 0.35 0.68 0.82 0.81 0.67 0.81 0.99 1.06 0.89 0.39
Debt/equity ratio, excluding pension liabilities 0.33 0.35 0.68 0.81 0.77 0.63 0.76 0.92 0.99 0.76 0.34
Return on capital employed, % 1) 17.2 16.9 14.4 8.9 12.8 15.6 13.2 10.8 13.9 12.8 13.8
Return on capital employed excl. IAC, % 1) 17.2 17.6 16.4 10.9 12.4 15.7 13.8 12.0 14.9 16.4 15.1
Return on equity, % 15.2 25.2 12.5 8.1 15.0 18.2 17.4 16.1 19.8 9.3 13.9
EBITA margin, % 1) 14.1 13.4 11.3 7.5 11.7 14.4 11.7 9.8 11.5 9.2 10.5
EBITA margin excl. IAC, % 1) 14.1 14.0 12.8 9.2 11.3 14.5 12.3 10.9 12.3 11.8 10.8
Operating margin, % 1) 13.4 12.6 10.3 6.5 10.8 13.8 11.1 9.1 10.9 8.9 9.8
Operating margin excl. IAC, % 1) 13.4 13.2 12.1 8.3 10.5 13.8 11.7 10.3 11.8 11.7 10.6
Net margin, % 1) 9.2 8.3 6.5 4.0 7.8 9.7 7.9 7.2 8.0 4.2 6.7
Capital turnover rate 1) 1.22 1.26 1.28 1.19 1.10 1.08 1.12 1.10 1.21 1.38 1.41
Cash flow from current operations per share, SEK 1) 12.96 13.54 16.55 5.82 8.53 15.91 18.81 9.06 9.46 9.30 7.65
Earnings per share, SEK 18.37 29.83 13.60 7.93 12.27 14.56 13.12 11.23 11.56 5.41 8.73
Dividend per share, SEK 2) 8.75 8.25 7.75 7.25 7.00 6.75 6.25 5.75 5.75
1) The key figure for the 2021-2025 period refers to continuing operations.
2) For the 2025 fiscal year, the Board of Directors has decided to propose a dividend of SEK 8.75 per share to the Annual General Meeting.

Last updated: 6/25/2026 10:56 AM