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Essity AB (publ) (ESSITYa.ST)

ESSITYa.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Essity Divests Partly Owned Company In Turkey
Tuesday, 21 May 2019 

May 21 (Reuters) - Essity AB (publ) ::ESSITY DIVESTS PARTLY OWNED COMPANY IN TURKEY.ESSITY IS DIVESTING ITS 50% STAKE IN PARTLY OWNED COMPANY SCA YILDIZ IN TURKEY TO OTHER PART OWNER YILDIZ.DIVESTMENT GIVES RISE TO A CURRENCY RELATED LOSS OF APPROXIMATELY SEK 150M, WHICH WILL BE RECOGNIZED AS AN ITEM AFFECTING COMPARABILITY IN Q2 OF 2019.  Full Article

Essity CEO Says We Will Continue With Price Increases
Thursday, 25 Apr 2019 

April 25 (Reuters) - Essity AB CEO Magnus Groth in earnings call with analysts and media::ESSITY CEO SEES SIGNIFICANTLY HIGHER ENERGY COSTS IN Q2 VERSUS Q2 2018, BUT LOWER VERSUS Q1 2019.ESSITY CEO SAYS WE COMPENSATE FOR NEARLY ALL OF THE NEGATIVE RAW MATERIAL AND ENERGY COST EFFECT IN Q1 , WE WILL SEE SOME MORE POSITVE IMPACT FROM PRICING IN COMING QUARTERS.ESSITY CEO SAYS WE WILL CONTINUE WITH PRICE INCREASES THIS YEAR.  Full Article

Essity Commits To 100 pct Recyclability Of Plastic Packaging
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Essity AB (publ) ::ESSITY COMMITS TO 100% RECYCLABILITY OF PLASTIC PACKAGING.SAYS COMMITTED TO WORKING TOWARD 100% RECYCLABILITY OF THE COMPANY’S PACKAGING BY 2025.  Full Article

Essity CEO sees full effect in Q2 from Consumer Tissue price hike negotiations
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Essity AB (publ) CEO Magnus Groth in earnings call with analysts and media::ESSITY CEO EXPECTS FULL EFFECT IN Q2 2019 FROM CURRENT NEGOTIATIONS TO RAISE CONSUMER TISSUE PRICES TO CUSTOMERS.  Full Article

Essity CEO sees significantly higher raw material, energy costs in Q4 vs year-ago
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Essity AB CEO Magnus Groth in earnings call with analysts and media::ESSITY CEO SEES SIGNIFICANTLY HIGHER COSTS FOR PULP, OIL BASED MATERIALS AND ENERGY IN Q4 VERSUS Q4 2017 .  Full Article

Essity changes organization structure
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Essity AB (publ) ::ESSITY PRESENTS NEW ORGANIZATION.SAYS CHANGES ENTAIL THAT NUMBER OF MEMBERS OF EXECUTIVE MANAGEMENT TEAM IS BEING REDUCED FROM 14 TO 12.ESSITY AB - ULRIKA KOLSRUD, PRESIDENT GLOBAL HYGIENE SUPPLY PERSONAL CARE, IS APPOINTED PRESIDENT HEALTH AND MEDICAL SOLUTIONS.ESSITY -TWO UNITS GLOBAL HYGIENE SUPPLY TISSUE AND GLOBAL HYGIENE SUPPLY PERSONAL CARE WILL BE MERGED INTO ONE UNIT UNDER NAME GLOBAL MANUFACTURING.ESSITY AB - TUOMAS YRJÖLÄ, IS APPOINTED PRESIDENT OF RENAMED UNIT, GLOBAL BRAND, INNOVATION AND SUSTAINABILITY.TUOMAS YRJÖLÄ WILL TAKE OFFICE ON NOVEMBER 15, 2018. ALL OTHER CHANGES WILL TAKE EFFECT ONDECEMBER 31, 2018..  Full Article

Essity Reduces Costs To Increase Profitability And Competitiveness
Friday, 28 Sep 2018 

Essity AB (publ) ::ESSITY REDUCES COSTS TO INCREASE PROFITABILITY AND COMPETITIVENESS.ESSITY REDUCES COSTS TO INCREASE PROFITABILITY AND COMPETITIVENESS.PROGRAM IS EXPECTED TO GENERATE ANNUAL COST SAVINGS OF APPROXIMATELY SEK 800M, WITH FULL EFFECT AT END OF 2019..RESTRUCTURING COSTS ARISING FROM SAVINGS PROGRAM WILL BE RELATED TO HEADCOUNT REDUCTIONS AND WILL BE PRESENTED IN Q4 OF 2018..RESTRUCTURING COSTS ARISING FROM SAVINGS PROGRAM WILL BE RELATED TO HEADCOUNT REDUCTIONS AND WILL BE PRESENTED IN Q4 OF 2018..COST SAVINGS RELATED TO PROGRAM WILL BE REPORTED SEPARATELY IN ADDITION TO SAVINGS REPORTED ON AN ONGOING BASIS BY GROUP.  Full Article

Essity sees significantly higher raw material costs in Q3 - CEO
Thursday, 19 Jul 2018 

July 19 (Reuters) - Essity AB (publ) ::ESSITY CEO SAYS SEES SIGNIFICANTLY HIGHER RAW MATERIAL COSTS IN Q3 VERSUS Q2 AND VERSUS Q3 2017.ESSITY CEO SAYS NEW PLANNED PRICE INCREASES TO COMPENSATE FOR PULP COSTS WILL HAVE A SLIGHT IMPACT 2018, MOST OF THE IMPACT WILL COME IN 2019.ESSITY CEO SAYS THERE IS A HIGHER ACCEPTANCE IN THE MARKET CURRENTLY FOR PRICE INCREASES.ESSITY CEO SAYS HAS ALREADY ACHIEVED SOME FURTHER PRICE INCREASES FOR NEXT YEAR IN EUROPE WITHIN CONSUMER TISSUE.ESSITY CEO SAYS IN EMERGING MARKETS, CONSUMER TISSUE DIVISION TO INCREASE FOCUS ON PREMIUM, SUPER PREMIUM SEGMENTS.ESSITY CEO SAYS COMPANY WILL BE BACK IN SHAPE TO START DOING ACQUISITIONS IN 2019.  Full Article

Essity Wins A Contract From NASA
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Essity AB (publ) ::WINS NASA CONTRACT TO DESIGN NEXT-GENERATION JOBST COMPRESSION ORTHOSTATIC INTOLERANCE GARMENT FOR POTENTIAL USE ON FUTURE ORION HUMAN DEEP-SPACE MISSIONS.  Full Article

Essity CEO: Price hikes in Europe to have full impact from H2
Friday, 27 Apr 2018 

April 27 (Reuters) - Essity AB CEO Magnus Groth and CFO Fredrik Rystedt in earnings call with analysts and media ::ESSITY CEO SAYS PRICE INCREASES ACHIEVED RECENTLY IN EUROPE WILL HAVE SOME IMPACT IN Q2 AND FULL IMPACT IN H2.ESSITY CEO SAYS WORKING TO CORRECT NEGATIVE VOLUME IMPACT IN NORTH AMERICA FROM PERHAPS TOO AMBITIOUS PRICE INCREASES.ESSITY CEO SAYS REGAINING SOME MARKET SHARE ON INCONTINENCE CARE PRODUCTS IN RETAIL IN EUROPE.ESSITY CFO SAYS PULP PRICES REMAIN CHALLENGING IN CONSUMER TISSUE AS PRICES CONTINUE TO RISE.  Full Article

UPDATE 2-Essity to try making pulp from wheat straw to stem rising costs

* Sees hygiene and health market growing 3%/yr through 2023 (Adds CEO comment, detail)