04.30.18
Essity’s net sales increased 10.9% compared with the corresponding period a year ago to SEK 28.02 billion ($3.2 billion). Organic net sales, which exclude exchange rate effects, acquisitions and divestments, increased 3.4%, of which volume accounted for 2.5% and price/mix for 0.9%. Organic net sales increased 1.6% in mature markets and 6.3% in emerging markets. Emerging markets accounted for 35% of net sales. Exchange rate effects reduced net sales by 0.6%. Acquisitions increased net sales by 8.1%, of which the acquisition of BSN medical accounted for 7.8% and the acquisition relating to the increase in the shareholding in associates in Latin America accounted for 0.3%.
In the personal care segment, net sales increased 27.6% to SEK 10.79 billion ($1.2 billion). Organic net sales, which exclude exchange rate effects, acquisitions and divestments, increased 4.5%, of which volume accounted for 5.9% and price/mix for -1.4%. Organic net sales in mature markets increased 4.5%. In emerging markets, which accounted for 37% of net sales, organic net sales rose 4.5%. Acquisitions increased net sales by 24%, of which the acquisition of BSN medical accounted for 23.3% and the acquisition relating to the increase in the shareholding in associates in Latin America accounted for 0.7%. Exchange rate effects reduced net sales by 0.9%.
For Incontinence Products, under the Tena brand, organic net sales increased 5.2%. Growth was mainly related to emerging markets and Western Europe. Growth in Europe was related to higher sales to both the retail sector and the healthcare sector. For Baby Care, organic net sales rose 1.1%. The increase was mainly related to Western Europe and Asia. For Feminine Care, organic net sales increased 7.1%, with the higher level primarily attributable to Latin America, Western Europe and Asia.
In the personal care segment, net sales increased 27.6% to SEK 10.79 billion ($1.2 billion). Organic net sales, which exclude exchange rate effects, acquisitions and divestments, increased 4.5%, of which volume accounted for 5.9% and price/mix for -1.4%. Organic net sales in mature markets increased 4.5%. In emerging markets, which accounted for 37% of net sales, organic net sales rose 4.5%. Acquisitions increased net sales by 24%, of which the acquisition of BSN medical accounted for 23.3% and the acquisition relating to the increase in the shareholding in associates in Latin America accounted for 0.7%. Exchange rate effects reduced net sales by 0.9%.
For Incontinence Products, under the Tena brand, organic net sales increased 5.2%. Growth was mainly related to emerging markets and Western Europe. Growth in Europe was related to higher sales to both the retail sector and the healthcare sector. For Baby Care, organic net sales rose 1.1%. The increase was mainly related to Western Europe and Asia. For Feminine Care, organic net sales increased 7.1%, with the higher level primarily attributable to Latin America, Western Europe and Asia.
