Essity: Interim Report Quarter 1, 2026

Good start to 2026 – increased volumes and higher margins STOCKHOLM , April 23, 2026 /PRNewswire/ -- Quarter 1, 2026 Net sales decreased 5.1% to SEK 33,177m (34,976). Excluding currency translation effects, net sales increased SEK 528m. Organic sales growth amounted to 0.4%, of which volume accounted for 1.1% and price/mix -0.7% The acquisition of Edgewell's feminine care business in North America was completed and consolidated as of February 2, 2026. The acquisition increased the Group's net sales by 1.1%. EBITA decreased 6% to SEK 4,448m (4,718) EBITA excl. IAC decreased 2% to SEK 4,603m (4,706). Excluding currency translation effects, EBITA excl. IAC increased 5%, corresponding to SEK 236m. EBITA margin excl. IAC increased 0.4 percentage points to 13.9% (13.5) ROCE amounted to 15.8% (16.7) and ROCE excl. IAC was 16.3% (16.7) Profit for the period was SEK 2,901m (3,083) Earnings per share were SEK 4.23 (4.43) After the end of the first quarter, it was announced that Essity's Board of Directors had resolved on a new share buyback program for SEK 3bn commencing no earlier than May 11, 2026. CEO'S COMMENTS We started 2026 with a positive volume trend, increased market shares and higher margins. At the same time, we continued our efforts to accelerate growth, including the completion of the Feminine Care acquisition in North America, several product launches, and the implementation of our organizational change. In this quarter we thereby report on the basis of our four new business areas for the first time. Positive volume trend We delivered positive organic sales growth for the quarter related to higher volumes. For the new Personal Care business area, we captured market shares and sales performed strongly, fueled by continued high growth in Incontinence Products and Feminine Care. In Professional Hygiene, we could see the effects of our actions to drive volume which – ... Full story available on Benzinga.com
2026-04-23 05:50:00