03.09.15
For the full year ended December 31, 2014, SCA’s net sales rose 12% (10% excluding exchange rate effects and divestments) to $12.6 billion (SEK 104.1 billion). Organic sales growth, which excludes exchange rate effects, acquisitions and divestments, was 3% (4% including Vinda’s organic sales growth). Operating profit, excluding items affecting comparability, rose 14% (12% excluding exchange rate effects and divestments) to $1.4 billion (SEK 11.8 billion).
Some of last year’s highlights include SCA moving its hygiene operations in China, Hong Kong and Macau to Vinda, in which it’s a majority stakeholder. The company also launched roughly 30 innovations and products under the Libero, Libresse, Lotus, Saba, Tempo, TENA and Tork brands, among others. SCA also focused on increased cost efficiency programs.
According to former president and CEO Jan Johansson, consolidated net sales for the fourth quarter grew by 17% compared with the fourth quarter of 2013. There was a 4% increase in organic sales growth (5% with Vinda’s organic sales growth), with growth in all business areas. Former CEO Jan Johansson attributed this to emerging market growth within hygiene, as well as growth in the company’s Forest Products area.
SCA’s Personal Care segment saw earnings growth “as a result of higher volumes and cost savings, which compensated for higher raw material costs.”
Some of last year’s highlights include SCA moving its hygiene operations in China, Hong Kong and Macau to Vinda, in which it’s a majority stakeholder. The company also launched roughly 30 innovations and products under the Libero, Libresse, Lotus, Saba, Tempo, TENA and Tork brands, among others. SCA also focused on increased cost efficiency programs.
According to former president and CEO Jan Johansson, consolidated net sales for the fourth quarter grew by 17% compared with the fourth quarter of 2013. There was a 4% increase in organic sales growth (5% with Vinda’s organic sales growth), with growth in all business areas. Former CEO Jan Johansson attributed this to emerging market growth within hygiene, as well as growth in the company’s Forest Products area.
SCA’s Personal Care segment saw earnings growth “as a result of higher volumes and cost savings, which compensated for higher raw material costs.”