Essity announces sales growth – nonwoven industry magazine

In the third quarter of 2021, Essity Net sales increased 8.6% from the corresponding period a year ago to SEK 31.15 billion (US $ 3.6 billion). Organic revenue, excluding currency effects, acquisitions and disposals, increased by 7.4%, of which 4.2% in volume and 3.2% in price / mix. Essity’s organic sales increased by 1.9% compared to the third quarter of 2019. Personal Care and Professional Hygiene recorded very favorable organic sales growth in the third quarter of 2021 compared to the third quarter of 2020. Medical Solutions experienced strong growth and organic revenue increased. of 9.7% with good growth in all product segments. Organic revenue increased 5.9% in mature markets and 10.2% in emerging markets. Emerging markets accounted for 36% of net sales. Currency effects reduced sales by 0.2%. The acquisition of Asaleo Care increased sales by 2.3%. Disposals and deconsolidations reduced sales by 0.9%.

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.