Net sales for the first quarter of 2011, excluding effects of exchange rate movements and divestments, rose 6% as a result of higher prices and volumes compared with the same quarter a year ago.
During the first quarter of 2011, operating profit for Personal Care and Tissue decreased compared with the same quarter a year ago. The decrease is mainly attributable to higher raw material costs.
In the Personal Care segment, net sales decreased by 5% (increased by 3% excluding exchange rate effects) to $963 million from January to March 2011 compared with the corresponding period a year ago. Higher volumes as a result of greater market activities increased sales 1%, while acquisitions increased sales by 2%. In emerging markets, sales rose 8% excluding exchange rate movements.
Sales of Tena-brand incontinence care products increased 3%, excluding exchange rate effects. Growth in Russia and Asia remained very favorable.