SCA has decided to close its baby diaper business in Mexico. The total costs for the closure of the business are expected to amount to approximately SEK 170 million ($20 million) and will be recognized as an item affecting comparability in the 3Q 2016. Approximately SEK 20 million ($2.3 million) of these costs are expected to impact cash flow.
The baby diaper business in Mexico had net sales of approximately SEK 340 million ($39.8 million) in 2015.
SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products.