Straits Times Index
3,333.62 -9.73 (-0.29%) Nikkei
39,583.08 +241.54 (+0.61%) Hang Seng
17,732.48 +16.01 (+0.09%) FTSE 100
8,179.68 -45.65 (-0.55%) Bitcoin USD
61,524.41 +858.71 (+1.42%) CMC Crypto 200
1,283.02 -0.81 (-0.06%)
Essity AB (publ) (ESSITY-B.ST)
| Previous close | 274.90 |
| Open | 274.20 |
| Bid | 270.30 x 0 |
| Ask | 270.40 x 0 |
| Day's range | 270.30 - 274.70 |
| 52-week range | 228.40 - 288.70 |
| Volume | |
| Avg. volume | 1,430,451 |
| Market cap | 190.048B |
| Beta (5Y monthly) | 0.16 |
| PE ratio (TTM) | 20.48 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 7.75 (2.86%) |
| Ex-dividend date | 22 Mar 2024 |
| 1y target est | N/A |
- Reuters
Sweden's Essity raises margin target after Vinda sale
Swedish hygiene products maker Essity raised its core profit margin target on Monday and reiterated its core sales target after divestment of Hong Kong-listed subsidiary Vinda <3331.HK). Essity's sale of its 51.6% stake in Vinda for about 16 billion Swedish crowns ($1.52 billion) was completed in March. An Essity statement said the company is now aiming for an operating profit margin before amortisation (EBITA) and items affecting comparability of more than 15% on annual sales growth before acquisitions of more than 3%.
- Reuters
UPDATE 3-Hygiene product maker Essity's Q1 profit beats expectations
Sweden's Essity reported first-quarter core earnings above expectations on Thursday as the hygiene product maker continued to focus on boosting its volumes and market share. Its adjusted quarterly earnings before interest, tax and amortisation (EBITA) rose 12% from a year earlier to 4.9 billion Swedish crowns ($450.86 million), surpassing the 4.45 billion crowns expected by analysts polled by LSEG. "Our focus as we move forward remains on growing volume and gaining market share with good profitability," Chief Executive Magnus Groth said in a statement.
- Reuters
Essity bondholders request meeting over debt repayment claim
Essity creditors demanded on Friday that the Swedish hygiene products maker must convene a general meeting of noteholders to discuss a repayment of the company's bonds, advisors to the ad-hoc group said. The bondholders have said Essity's recent sale of its 52% stake in Hong Kong's Vinda International constituted a default on the terms of the Swedish company's notes maturing in 2029, 2030 and 2031, and that they should thus be repaid in full. "The group is willing to discuss with Essity the manner and terms on which such repayment would be made," the bondholders' advisors Houlihan Lokey and White & Case said in a statement obtained by Reuters.
