Essity announces sales growth – nonwoven industry magazine
Personal care net sales rose 9% to SEK 12.1 billion ($ 1.4 billion) in the third quarter. Organic revenue increased 8.5%, of which volume represented 5.8% and price / mix by 2.7%. Organic revenue in mature markets increased by 5.2%. In emerging markets, which accounted for 35% of revenue, organic revenue increased 15%. Currency effects reduced sales by 0.9%. The acquisition of Asaleo Care increased sales by 2.4%. Divestments reduced net sales by 1%.
For incontinence products, organic net sales increased 8.4%. The increase is attributable to Europe, North America and emerging markets. In Medical Solutions, organic net sales increased 9.7% and all product categories posted healthy sales growth. For Baby Care, organic sales increased by 1.5%, mainly related to Western Europe and Latin America. For Feminine Care, organic net sales increased by 15.8% linked to Europe, Latin America and Asia.