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Essity’s Sales Up 8.8% in 2019

Personal Care sales increased 6.6% last year

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By: Tara Olivo

Associate Editor at Nonwovens Industry, Rodman Media

From January – December 2019, Essity’s net sales increased 8.8% compared with the corresponding period a year ago to SEK 128.9 billion ($13.5 billion). Organic net sales, which exclude exchange rate effects, acquisitions and divestments, increased 4.5%, of which volume accounted for 2.3% and price/mix for 2.2%. Organic net sales increased 2.1% in mature markets and increased 9.1% in emerging markets. Emerging markets accounted for 37% of net sales. Exchange rate effects increased net sales by 4.4%. Acquisitions in Latin America increased net sales by 0.1%. The divestment of the partly owned company SCA Yildiz in Turkey reduced net sales by 0.2%.

In Personal Care, 2019 net sales increased 6.6% to SEK 48.3 billion ($5 billion). Organic net sales increased 3.4%, of which volume accounted for 2.3% and price/mix for 1.1%. Organic net sales in mature markets increased 1.6%. In emerging markets, which accounted for 37% of net sales, organic net sales increased 7%. Acquisitions in Latin America increased net sales by 0.1%. Exchange rate effects increased net sales by 3.6%. The divestment of the jointly owned company SCA Yildiz in Turkey reduced net sales by 0.5%.

For Incontinence Products, organic net sales increased 5%. Growth was related to Western Europe, North America and emerging markets. In Medical Solutions, organic net sales increased 0.5%, mainly related to emerging markets and Western Europe. For Baby Care, organic net sales decreased 1.2% related to emerging markets. Organic net sales increased in Western Europe. For Feminine Care, organic net sales increased 9.4%, related to Latin America, Western Europe and Asia.

In the fourth quarter of 2019, net sales increased 8.3% compared with the corresponding period a year ago to SEK 33.7 billion ($3.5 billion). Organic net sales increased 3.6%, of which volume accounted for 2.3% and price/mix for 1.3%. Organic net sales were positively impacted by a better price/mix and higher volumes in all business areas. Organic net sales increased 1.9% in mature markets and increased 6.6% in emerging markets. Emerging markets accounted for 37% of net sales. Exchange rate effects increased net sales by 5%. The divestment of the jointly owned company SCA Yildiz in Turkey reduced net sales by 0.3%.

Fourth quarter Personal Care net sales increased 6.2% to SEK 12.4 billion ($1.3 billion). Organic net sales increased 2.5%, of which volume accounted for 1.9% and price/mix for 0.6%. Organic net sales in mature markets increased 0.1%. In emerging markets, which accounted for 37% of net sales, organic net sales increased 6.9%. Exchange rate effects increased net sales by 4.5%. The divestment of the jointly owned company SCA Yildiz in Turkey reduced net sales by 0.8%. 

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