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Essity’s Annual Report for 2023
Essity’s Annual Report for 2023
Published 03-01-24
Submitted by Essity
Originally published on Essity Newsroom
Hygiene and health company Essity recently published its Annual Report for 2023 on essity.com.
“We leave an eventful year behind us in which we have focused on increasing profitability and created a stable platform for profitable growth. Through innovation, restructuring, efficiency improvements and price increases, we achieved an adjusted profit of SEK 18.9bn – the highest profit ever – while also increasing net sales to SEK 147bn. We have undertaken to accept the offer in respect of all shares in Vinda. It is a very attractive offer for Essity and our shareholders and provides us with a product portfolio with higher and more stable returns,” says Magnus Groth, in his CEO message.
Read the complete CEO message and about Essity’s strategic priorities, earnings and leading sustainability work in the Annual Report for 2023, which is attached to this press release and can be downloaded at essity.com.
The Annual Report also contains a cohesive Sustainability report structured in accordance with Essity’s Sustainability Playing Field, which summarizes the company’s social and environmental sustainability priorities. The sustainability report was designed with consideration of the European Sustainability Reporting Standards (ESRS).
NB: This is information that Essity is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, on February 28, 2024, at 08:00 CET.
Karl Stoltz, Media Relations Director, +46 70 942 63 38
Download Essity’s Annual Report for 2023
Essity
Essity
Essity is a leading global hygiene and health company that develops, produces and sells Personal Care (Baby Care, Feminine Care, Incontinence Products and Medical Solutions), Consumer Tissue and Professional Hygiene products and solutions.
Our vision is; Dedicated to improving well-being through leading hygiene and health solutions. The name Essity stems from the words essentials and necessities. Sales are conducted in approximately 150 countries under many strong brands, including the leading global brands TENA and Tork, and other brands, such as Leukoplast, Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa. Essity has about 48,000 employees and net sales in 2017 amounted to approximately 12.8 bn USD (SEK 109bn, EUR 11.3bn). The business operations are based on a sustainable business model with focus on value creation for people and nature.
The company has its headquarters in Stockholm, Sweden, and is listed on Nasdaq Stockholm. Essity used to be part of the SCA Group.
About Tork
Tork is a brand of Essity. Essity is a leading global hygiene and health company that develops personal care, professional hygiene and consumer tissue products and solutions. Essity offers Tork paper towels, toilet paper, skin care products, facial tissue, wipers, wet wipes, napkins and other hygiene products for washrooms, wash stations, healthcare areas, food and beverage handling, food preparation, manufacturing and maintenance. For more information, visit http://www.torkusa.com/
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