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Essity’s Sales Up in Q2

Incontinence, medical solutions and feminine care segments witness growth

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By: Tara Olivo

Associate Editor at Nonwovens Industry, Rodman Media

Essity’s net sales increased 5.6% compared with the corresponding period a year ago to SEK 29.7 billion ($3.35 billion). Organic net sales, which exclude exchange rate effects, acquisitions and divestments, increased 2.3%, of which volume accounted for -0.1% and price/mix for 2.4%. Volumes increased in Personal Care and Professional Hygiene.

In the Personal Care segment, second quarter net sales increased 5.5% to SEK 11.4 billion ($1.3 billion). Organic net sales, which exclude exchange rate effects, acquisitions and divestments, increased 2.4%, of which volume accounted for 1.1% and price/mix for 1.3%. Organic net sales in mature markets increased 2.2%. In emerging markets, which accounted for 36% of net sales, organic net sales increased 3.2%. Acquisitions relating to the increase in the shareholding in associates in Latin America increased net sales by 1.1%. Exchange rate effects increased net sales by 2%.

For Incontinence Products, under the Tena brand, organic net sales increased 3.5%. Growth was related to emerging markets, North America and Western Europe. Growth in Europe and North America was attributable to both the retail trade and the healthcare sector. For Medical Solutions, organic net sales increased 3.1%. The increase was attributable to emerging markets, North America and Western Europe. For Baby Care, organic net sales decreased 5.7%. The decrease was related to emerging markets. Organic net sales increased in Western Europe. For Feminine Care, organic net sales increased 10%. The increase was mainly related to Latin America and Europe.

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