Essity AB Class B ( (ETTYF) ) has released its Q4 earnings. Here is a breakdown of the information Essity AB Class B presented to its investors.
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Essity AB, a leading global hygiene and health company, operates across various sectors with products used by over a billion people worldwide. The company is known for its strong brands like TENA and Tork and focuses on breaking barriers for well-being in its markets.
Essity AB’s fourth-quarter earnings report highlights a 3.2% increase in net sales, ending a successful 2024. Despite challenges, the company showed resilience with strong performance in its most profitable categories, including Incontinence Products and Professional Hygiene, contributing to a 3.9% organic growth.
The company’s EBITA, excluding items affecting comparability, rose by 2% in the quarter, driven by higher volumes and favorable sales prices, although the EBITA margin slightly decreased due to increased costs in Consumer Goods. For the full year, Essity reported a 17% rise in EBITA, reflecting its strategic focus on efficient operations and innovation.
Looking forward, Essity aims to continue its growth trajectory with increased profitability, supported by its robust innovation pipeline and strategic focus on high-return categories. The proposed dividend increase of 6.5% reflects confidence in sustained financial health, even as CEO Magnus Groth plans to step down in 2025.
