Annual and
Sustainability Report 2018

This is Essity

Essity is a leading global hygiene and health company. We improve people’s well-being through our products and services.

Sales are conducted in approximately 150 countries under the globally leading brands TENA and Tork, and other strong brands, such as JOBST, Leukoplast, Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa.

Essity is listed on Nasdaq Stockholm.

  • Net sales 2018
    118,500 SEKm
  • Sales in approximately
    150 countries
  • Adjusted EBITA1) 2018
    12,935 SEKm
  • Employees, approximately
    47,000 around the world
  • Essity’s market capitalization
    153 SEKbn
    at December 31, 2018

1) Excluding items affecting comparability.

Read more about Essity

Our three business areas

Personal Care

Personal Care

Consumer Tissue

Consumer Tissue

Professional Hygiene

Professional Hygiene

Progress in many areas during a challenging year

CEO’s message

“Poor hygiene and sanitation constitute a barrier for the health, livelihood, well-being, and development of millions of people. Our vision is: Dedicated to improving well-being through leading hygiene and health solutions.”

Magnus Groth, President and CEO

Read the CEO message

Our strengths

  • Leading market positions in an attractive and growing hygiene and health market
  • Focus on efficiency improvements and cost savings
  • Strong brands and successful innovations
  • Sustainable business model with profitable growth and strong cash flow
Read more about our strengths

Key figures

Net sales 2018

by region
  • 14%
    North America
  • 13%
    Latin America
  • 56%
    Europe
  • 2%
    Other
  • 15%
    Asia
by country, %
by business

Net sales

118,500 SEKm
+8.5%

Adjusted EBITA2)

12,935 SEKm
–4%

Operating cash flow

12,324 SEKm

Earnings per share

11.23 SEK

Organic net sales1)

+3.1%
excl. lower sales of mother reels

Organic net sales1)

+2.6%
incl. lower sales of mother reels

Adjusted EBITA margin2)

10.9%
–1.4 percentage point

Adjusted return on capital employed2)

12.0%

Proposed dividend per share3)

5.75 SEK

1) Net sales excluding exchange rate effects, acquisitions and divestments.

2) Excluding items affecting comparability.

3) Board of Directors proposal.

Go to 2018 at a glance

Essity’s strategic framework

Vision and mission

Vision

Dedicated to improving well-being through leading hygiene and health solutions
Mission

To sustainably develop, produce, market and sell value-added products and services within hygiene and health

Objectives

Generate increased shareholder value through profitable growth

Enable more people every day to enjoy a fuller life

Contribute to a sustainable and circular society

Enable our employees to realize their full potential, as part of one winning team

Strategies

Win in chosen geographies and categories

Focus on customers and consumers

Innovate bigger brands

Drive efficiency

Services