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Essity AB (ETTYF)
OTHER OTC:ETTYF
Holding ETTYF?
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Earnings Data
Report Date
Jan 23, 2025Before Open Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.46Last Year’s EPS
$0.41Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 24, 2024
|% Change Since: -3.91%
|Next Earnings Date:Jan 23, 2025
Earnings Call Sentiment|Positive
Essity reported strong organic growth and improved margins, with significant gains in market share and cash flow. Despite some challenges in pricing and restructuring impacts, the company's financial position remains robust.Company Guidance
In the Q3 2024 earnings call, Essity B.ST projected a positive outlook with a focus on accelerating profitable growth. The company reported an organic sales growth of 1.9%, reaching 3.4% when excluding restructuring in Professional Hygiene. EBITA, excluding items affecting comparability, stood at SEK 5.097 billion, with an EBITA margin increase to 14.1% and a return on capital employed at 17.7%. Health & Medical sales grew organically by 2.8%, while Consumer Goods saw a 3% increase, driven by higher volumes, particularly in Incontinence Products Retail and Feminine Care. Professional Hygiene's organic sales growth, excluding restructuring, was 4.7%. Essity achieved a record high cash flow and maintained strong pricing discipline, despite challenges from currency translation and raw material costs, notably pulp. The company's net-zero emissions target received validation from the Science Based Targets initiative, reflecting its commitment to sustainability.Strong Organic Sales Growth
Organic sales growth of 1.9% for Q3, with 3.4% growth excluding restructuring in Professional Hygiene.
Improved EBITA Margin
EBITA margin increased to 14.1%, with an adjusted EBITA up by 6% compared to the previous year, excluding currency translation effects.
Record High Cash Flow
The company reported a record high cash flow, contributing to a strong balance sheet with a net debt-to-EBITDA ratio of 1.1.
Market Share Gains
Essity grew market shares in over half of their sales categories, improving from the previous quarter.
Validated Sustainability Goals
Achieved validation for their net-zero emissions target by the Science Based Targets initiative.
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ETTYF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ETTYF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $27.40 | $29.30 | +6.93% |
| Jul 18, 2024 | $28.15 | $28.10 | -0.18% |
| Apr 25, 2024 | $24.30 | $24.25 | -0.21% |
| Jan 25, 2024 | $23.62 | $22.65 | -4.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Essity AB (ETTYF) report earnings?
Essity AB (ETTYF) is schdueled to report earning on Jan 23, 2025, Before Open Not Confirmed.
What is Essity AB (ETTYF) earnings time?
Essity AB (ETTYF) earnings time is at Jan 23, 2025, Before Open Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ETTYF EPS forecast?
ETTYF EPS forecast for the fiscal quarter 2024 (Q4) is $0.46.
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