Millennium International Management no longer holds a public short position in hygiene and health company Essity following a reduction from previous levels. The position fell below the threshold for public disclosure on May 18.
There is currently one public short seller in the company. In total, 3.15 percent of the company's capital is shorted.
The Swedish Financial Supervisory Authority (Finansinspektionen) requires positions exceeding 0.1 percent to be reported and short positions exceeding 0.5 percent to be made public.
Essity AB is one of the world's leading manufacturers of hygiene products. Net sales break down by family of products as follows:
- paper hygiene products (54.2%): paper towels, toilet paper, handkerchiefs, wipes, etc. sold under Tempo, Colhogar, Cozy, Cushelle, Danke, Delica, Demak Up, Favorita, Flen, Lotus, Lovly, Okay, Plenty, Regio and Zewa brands;
- professional hygiene products (25.9%): including toilet paper, handkerchiefs, hand lotions and hand soaps, hand sanitizers, as well as cleaning and wiping products;
- human care products (19.8%): incontinence products (Tena), feminine protection products (Libresse, Bodyform, Nana, Nuvenia, Saba, Nosotras, Donnasept, etc.), diapers (Libero, Up & Go, Libero-Peaudouce, Drypers, Pequenin, etc.), compresses and bandages;
- other (0.1%).
At the end of 2025, the group operated around 70 production sites in the world.
Net sales are distributed geographically as follows: Europe (61.1%), Latin America (17.4%), North America (16.2%), Asia (1.6%), and other (3.7%).
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