Welcome to our dedicated page for Essity news (Ticker: ETTYF), a resource for investors and traders seeking the latest updates and insights on Essity stock.
Essity Aktiebolag reports developments for a hygiene and health company with product categories spanning personal care, professional hygiene and consumer tissue. Company news includes interim reporting, raw-material-driven pricing actions, product launches in incontinence, feminine care and professional hygiene, and sustainability initiatives such as Tork PaperCircle recycling services.
Recurring corporate updates also cover Annual General Meeting resolutions, dividends, board and auditor appointments, incentive programs, share-capital actions and leadership transitions. Essity's completed acquisition of Edgewell Personal Care's feminine care business added Carefree, Stayfree and o.b. brands in North America, global feminine care rights for Playtex, and a Dover, Delaware production facility to its personal care portfolio.
Essity (OTC: ETTYF) held its 2026 Annual General Meeting on March 26, 2026. The Meeting approved 2025 financial statements, granted discharge to the Board and CEO, and resolved a dividend of SEK 8.75 per share with record date 30 March 2026.
The Meeting re-elected the board, appointed Ernst & Young as auditor until the 2027 AGM, approved director and committee fees, authorized a buy-back program, and resolved to cancel 11,109,318 Class B shares (~1.6% of shares) and a bonus issue.
Essity (OTC:ETTYF) has completed the acquisition of Edgewell Personal Care's feminine care business for USD 340m (approx. SEK 3bn) on a cash- and debt-free basis, effective February 2, 2026. The deal includes Carefree, Stayfree and o.b. in North America and global Playtex feminine care rights.
The asset purchase covers a portfolio of liners, pads and tampons across the US, Canada and the Caribbean and a production facility in Dover, Delaware. Operations will be consolidated into Essity accounts as of the closing date.
Essity (ETTYF) held its 2025 Annual General Meeting at Stockholm Waterfront Congress Centre. The company approved a dividend of SEK 8.25 per share for FY2024, payable on April 3, 2025. The meeting approved new board remuneration rates, with directors receiving SEK 960,000 and the Chairman SEK 2,880,000, plus additional compensation for committee roles.
Shareholders approved a cash-based incentive program and the Board's remuneration report. The meeting elected two new directors, Alexander Lacik and Katarina Martinson, while re-electing eight existing members. Jan Gurander was elected Chairman. Ernst & Young AB was appointed as auditor until 2026. The meeting also authorized share buybacks of Essity B shares and approved amendments to the articles of association.
Essity (ETTYF) announced that President and CEO Magnus Groth will step down from his position during 2025 after serving 14 years with the Group, including almost ten years as CEO. The Board has initiated an immediate recruitment process for his successor.
Under Groth's leadership since 2015, first at SCA and then at Essity, the company has achieved significant growth in profitability, innovation, and global expansion. Chairman Jan Gurander acknowledged Groth's important role in establishing Essity's platform for continued profitable growth.
Groth, who has a one-year notice period, will continue in his role until a successor is appointed. During his tenure, Essity has developed into a world-leading hygiene and health company with strong brands, market positions, and recognized sustainability work.
Essity will release its Q2 2024 interim report on July 18 at approximately 07:00 CET. The report will be presented by President and CEO Magnus Groth and CFO Fredrik Rystedt during a live webcast and teleconference at 09:00 CET the same day.
The webcast and teleconference can be accessed via a provided link and will be available for later viewing. Contact numbers for the conference call are provided for participants from the UK, USA, and Sweden. The presentation will also be broadcast live on LinkedIn.
For more information, contact Vice Presidents Per Lorentz and Sandra Åberg. Further details and downloadable files are available on Cision and Essity's news page.
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Essity, in collaboration with McDonald's, is launching a recycling project in Germany to convert used paper cups into Tork branded toilet paper. Initiated in 2020, the project aims to recycle approximately 1,200 tons of waste annually. This collaboration will not only reduce McDonald's waste and carbon footprint but also align with Essity's sustainability goals. The solution extends Essity's Tork PaperCircle® service, enhancing its circular economy initiatives.
Essity reported a net sales decline of 18.3% to SEK 27,528m for Q1 2021, primarily due to the COVID-19 pandemic and stockpiling effects from the previous year. Organic net sales fell 9.9%, with e-commerce increasing 14%. Operating profit (EBITA) dropped 31% to SEK 3,664m. Despite challenges, market shares rose in several sectors, and the company announced acquisitions to boost growth, including a USD 1,540m deal for control of Productos Familia S.A.. Future price increases are planned to counteract higher raw material costs.
Essity, a hygiene and health company, announced price increases in Consumer Tissue products due to rising raw material costs. The hikes are expected to average in the mid-to-high single digits in key markets. Additionally, the company is preparing for price adjustments in other product categories affected by similar cost pressures. This announcement is in compliance with the EU Market Abuse Regulation, signaling a proactive response to inflationary trends impacting production costs.
Essity has announced price increases in its Consumer Tissue category due to rising raw material costs, effective in key markets. The average increase is in the mid-to-high single digits. Additionally, the company is planning price hikes in other product categories affected by these costs. This decision aligns with their commitment to maintaining profitability amidst challenging market conditions.