07.18.19
In the second quarter of 2019, Essity’s net sales increased 7.9% compared with the corresponding period a year ago to SEK 32.1 billion ($3.4 billion). Organic net sales, which exclude exchange rate effects, acquisitions and divestments, increased 3.9%, of which volume accounted for 2.0% and price/mix for 1.9%. Organic net sales was positively impacted by a better price/mix and higher volumes in all business areas. Excluding lower sales of mother reels within Consumer Tissue, resulting from production closures within the scope of Tissue Roadmap, organic net sales increased 4.3%. Organic net sales increased 0.7% in mature markets and increased 9.9% in emerging markets. Emerging markets accounted for 36% of net sales. Exchange rate effects increased net sales by 4%.
Personal care net sales in the second quarter increased 6.3% to SEK 12.2 billion ($1.3 billion). Organic net sales, which exclude exchange rate effects, acquisitions and divestments, increased 3.1%, of which volume accounted for 2.2% and price/mix for 0.9%. Organic net sales in mature markets increased 0.6%. In emerging markets, which accounted for 37% of net sales, organic net sales increased 7.8%. Exchange rate effects increased net sales by 3.3%.
For Incontinence Products, organic net sales increased 5.5%. Growth was primarily related to Western Europe and emerging markets. In Medical Solutions, organic net sales declined 2.2%, mainly related to the U.S. For Baby Care, organic net sales increased 0.1%, mainly related to Latin America. For Feminine Care, organic net sales increased 8.5%. The increase was related to emerging markets and Western Europe.
Personal care net sales in the second quarter increased 6.3% to SEK 12.2 billion ($1.3 billion). Organic net sales, which exclude exchange rate effects, acquisitions and divestments, increased 3.1%, of which volume accounted for 2.2% and price/mix for 0.9%. Organic net sales in mature markets increased 0.6%. In emerging markets, which accounted for 37% of net sales, organic net sales increased 7.8%. Exchange rate effects increased net sales by 3.3%.
For Incontinence Products, organic net sales increased 5.5%. Growth was primarily related to Western Europe and emerging markets. In Medical Solutions, organic net sales declined 2.2%, mainly related to the U.S. For Baby Care, organic net sales increased 0.1%, mainly related to Latin America. For Feminine Care, organic net sales increased 8.5%. The increase was related to emerging markets and Western Europe.
