Essity B 267.3 (+0.9 SEK) on 04-Jul-2025 17:29
Select region

Global Site

Austria Austria Belgium Belgium Canada Canada Denmark Denmark Finland Finland France France Germany Germany Italy Italy Mexico Mexico Netherlands Netherlands Norway Norway Poland Poland Spain Spain Sweden Sweden United Kingdom United Kingdom USA USA

Did you mean

  • Spell suggestion...
Advanced search

Quick results

View all results

These might help

Corporate press releases

Corporate News

Investor Relations Calendar

Essity logo
Brands
Sustainability

Company

Explore

About us
Our Journey Facts and Figures Well-being for All
Business Areas
Health & Medical Consumer Goods Professional Hygiene
Purpose and Strategy
Organization and Management
Board of Directors Executive Management Team
Corporate Governance
General Meeting Nomination Committee Auditors Board and Committee Work Remuneration to the Board of Directors Remuneration Policy Public Policies
Essity in the World
For Suppliers

Brands

Brands

Sustainability

Explore

Improving Well-Being for People and Societies
Hygiene and Health Diversity, Equity and Inclusion Business Ethics and Human Rights Occupational Health and Safety Product Safety and Transparency
Reducing Our Impact on the Planet
Forest and Fiber Emissions Plastics Waste Water
Sustainability Reporting, Governance and Data
Essity’s Sustainability Publications Sustainability Governance Ratings and Recognitions Certifications
Role in Society
Partnerships and Collaborations Essity in the Spotlight Ways of Working Trade Associations and Policy Organizations Public Policy Development Positions Advancing the Knowledge
Contact Us

Innovation

Explore

Digitalization
Essity Ventures
Latest Innovations

Careers

Explore

Job Opportunities
Work at Essity
Commitment to Our Employees Diversity, Equity and Inclusion Learning and Development Why Choose Essity? Barrier Breakers
Students and Graduates
Graduates Students Internships Apprenticeships
Life at Essity
Women in Technology Making HerStory Career Stories
Alumni Network
Connect with Us
Listen to us
Total Rewards

Investors

Explore

Invest in Essity
Targets and Outcomes
Essity Share
Ownership Dividend List of Analysts Share Buyback Program Share Conversion Share Capital Development Data per Share Trade Information Indexes
Financial Data
Financial Reports
Interim Reports Annual Reports Prospectus
Presentations and Webcasts
Capital Market Events
Capital Markets Day 2024 Innovation Webcast 2023 Business Area Web Presentations 2022 Capital Markets Day 2021 Investor Day 2019
Debt Financing
Debt Programs Credit Rating Funding Sources Key Debt Ratios
Acquisitions and Divestments
Risk and Risk Management
Investor Relations Calendar
Investor Relations Contacts
Subscribe

Media

Explore

Press Releases
News Features
Images & Video
Subscribe
Media Contact
Local Media Contacts
Essity in Social Media
Home
Media
Press releases
2017
Media
Press Releases News Features Images & Video Subscribe Media Contact Essity in Social Media

October 26, 2017

Interim Report Q3 2017

JANUARY 1 – SEPTEMBER 30, 2017

(compared with the corresponding period a year ago)

  • Net sales increased 8.2% to SEK 80,601m (74,466)
  • Operating profit before amortization of acquisition-related intangible assets (EBITA) rose 31% to SEK 8,953m (6,831)
  • Adjusted operating profit before amortization of acquisition-related intangible assets (EBITA) rose 11% to SEK 9,786m (8,797)
  • Adjusted EBITA margin increased 0.3 percentage points to 12.1% (11.8)
  • Adjusted profit before tax rose 5% to SEK 8,562m (8,119)
  • Profit for the period increased 86% to SEK 5,719m (3,072)
  • Earnings per share increased 86% to SEK 7.44 (4.01)[1]
  • Adjusted earnings per share increased 32% to SEK 8.77 (6.66)[1]
  • Cash flow from current operations declined 4% to SEK 6,055m (6,313)
  • The acquisition of BSN medical, a leading medical solutions company, was consolidated as of April 3, 2017. Since the acquisition date, BSN medical has impacted consolidated net sales by SEK 4,162m and adjusted EBITA by SEK 756m.

[1] Indicative earnings per share on the assumption that the number of issued shares in Essity as of September 30, 2016 corresponded to the number of issued shares in Essity on September 30, 2017 (702.3 million).
 

SUMMARY OF THIRD QUARTER 2017 

The Group’s net sales for the third quarter of 2017 increased 7.7% compared with the corresponding period a year ago. Organic sales increased by 1.8%, of which volume accounted for 2.2% and price/mix for -0.4%. In emerging markets, which represented 34% of net sales, organic sales rose by 6.8%, while in mature markets organic sales declined by 0.8%. Organic sales were negatively impacted by a lower market growth due to such factors as price pressure and as a consequence of Essity’s decision to discontinue certain underperforming market positions and contracts as part of the company’s focus on profitable growth for increased value creation. During the quarter, 13 innovations were launched that strengthened Essity’s customer and consumer offering in all categories.

The Group’s adjusted EBITA in the third quarter of 2017 increased by 10% compared with the corresponding period a year ago. Excluding currency translation effects and the acquisition of BSN medical, the adjusted EBITA declined by 1% compared with the corresponding period a year ago. The decline was mainly the result of higher raw material costs and lower prices. Higher volumes, cost savings and other measures to improve profitability had a positive impact on earnings.

The Group’s adjusted EBITA margin increased 0.3 percentage points to 12.6%. The adjusted return on capital employed was 13.8%.

For the third quarter of 2017, the acquired company BSN medical’s organic sales rose by 1.7%. The adjusted EBITA margin for the acquired company was 19.2% and was negatively impacted by approximately 0.4 percentage points as a result of integration costs.
 

INVITATION TO PRESS CONFERENCE ON Q3 2017 INTERIM REPORT

Media and analysts are invited to a press conference, where this interim report will be presented by Magnus Groth, President and CEO.

Time: 10:00 CET, Thursday, October 26, 2017
Location: Essity’s headquarters, Waterfront Building, Klarabergsviadukten 63, Stockholm, Sweden

The presentation will be webcasted at www.essity.com. To participate, call: +44 (0)20 7162 0077, +1 646 851 2407 or +46 8 5052 0110. Specify “Essity” or conference ID no. 962907.
 

For further information, please contact:
Fredrik Rystedt, CFO and Executive Vice President, +46 8 788 51 31
Johan Karlsson, Vice President Investor Relations, Group Function Communications, +46 8 788 51 30
Joséphine Edwall-Björklund, Senior Vice President, Group Function Communications, +46 8 788 52 34
Media Relations, Group Function Communications, +46 8 788 52 20

NB:
This information is such information that Essity Aktiebolag (publ) is obligated to make public pursuant to the EU Market Abuse Regulation. This report has been prepared in both Swedish and English versions. In case of variations in the content between the two versions, the Swedish version shall govern. The information was submitted for publication, through the agency of the contact person set out below, at 08:00 CET on October 26, 2017. This interim report has not been reviewed by the company’s auditors.                      

Karl Stoltz, Media Relations Manager, +46 8 788 51 55

The full report (PDF)
Back to press releases

Share this

Essity logo
Company Careers Brands Breaking Barriers Contact Us
Privacy Policy Cookie Policy Terms and Conditions Manage your choices

Tel +46 8-788 51 00

© 2024 Essity Aktiebolag (publ). Box 200, SE-101 23, Stockholm, Sweden