This presentation may contain forward-looking statements. Such statements are based on our current expectations and are subject to certain risks and uncertainties that could negatively affect our business. Please read our most recent annual and sustainability report for a better understanding of these risks and uncertainties.
Half-year Report 2023
Key Achievments
Q2 2023
High sales growth and significant earnings improvement
Exited Russia
Strategic Review progressing according to plan
Sustainable innovations for increased well-being
Progress towards ROCE target
Half-year Report 2023
Summary
Q2 2023 vs Q2 2022
Sales growth of +8.7%
Price/mix +11.0%
Volumes -3.6%
Acquisitions +1.3%
Adjusted EBITA +49%
Adjusted EBITA margin increased to 10.7%
Excluding businesses under strategic review 12.5%
Including organic sales growth and acquisitions
Excluding items affecting comparability
Excluding items affecting comparability and amortization of acquisition-related intangible assets
Half-year Report 2023
Adjusted
Net Sales
Sales Growth1)
EBITA2)
SEK
+8.7%
SEK
43,930m
Organic:
4,701m
+16%
+7.4%
+49%
Adjusted
Adjusted
Adjusted Earnings
EBITA Margin2)
ROCE2)
per Share3)
10.7%
13.2%
SEK 4.33
+240bps
+360bps
46%
July 20,2023
4
Adjusted EBITA Margin
Q2 2023 vs Q2 2022
+240bps
+220bps -30bps +50bps 10.7%
8.3%
Higher prices
Better mix
Cost savings
Raw materials and energy -490bps
Lower volumes
Salary inflation
Adjusted
Impact Gross
A&P
SG&A
Adjusted
EBITA Margin1)
Profit Margin
(excl A&P)
EBITA Margin1)
Q2 2022
Q2 2023
Excluding items affecting comparability
Half-year Report 2023
July 20,2023
5
Attachments
Original Link
Original Document
Permalink
Disclaimer
Essity AB (publ) published this content on 20 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2023 06:17:04 UTC.
Essity AB is one of the world's leading manufacturers of hygiene products. Net sales break down by family of products as follows:
- human care products (40.3%): 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.
- paper hygiene products (32.6%): 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 (26.8%): including toilet paper, handkerchiefs, hand lotions and hand soaps, hand sanitizers, as well as cleaning and wiping products;
- other (0.3%).
At the end of 2023, the group operated around 70 production sites in the world.
Net sales are distributed geographically as follows: Europe (60.3%), North America (17.4%), Latin America (17.1%), Asia (1.6%), and other (3.6%).
ESSITY AB 
