Essity’s net sales for the 1Q 2018 increased 10.9% to SEK 28,020 million, compared with the corresponding period a year ago. Operating profit before amortization of acquisition-related intangible assets (EBITA) rose 6% to SEK 2,760 million, as the company said in the press release received by Lesprom Network.
Essity’s adjusted EBITA in the 1Q 2018 increased 7% to SEK 3,119 million, compared with the corresponding period a year ago. Excluding currency translation effects and acquisitions, adjusted EBITA declined 5%.
The Group’s adjusted EBITA margin decreased 0.4 percentage points to 11.1%. The adjusted return on capital employed was 11.9%.
Profit for the period rose 4% (declined 8% excluding currency translation effects and acquisitions) to SEK 1,726 million.
Essity is a leading global hygiene and health company. Essity used to be part of the SCA Group.
