Essity announces price increases
“Price increases are therefore essential to compensate for the higher costs while we continue to increase customer and consumer value through leading innovations and implement efficiency measures to achieve cost savings” – Magnus Groth
Hygiene and health company Essity today announced price increases in all product categories and markets to compensate the substantially higher costs for raw materials, energy and distribution. The timing and degree of the price increases will be managed locally.
“We do not expect a decrease in the historically high costs for raw material, energy and distribution in the near term. Price increases are therefore essential to compensate for the higher costs while we continue to increase customer and consumer value through leading innovations and implement efficiency measures to achieve cost savings” says Magnus Groth, President and CEO, Essity.
ABOUT ESSITY
Headquartered in Stockholm, Sweden, Essity is a global producer of consumer tissue, professional and personal hygiene and health products. Sales are conducted in approximately 150 countries under the leading global brands TENA and Tork, and other strong brands, such as JOBST, Leukoplast, Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa. Essity has about 46,000 employees. To learn more, visit: www.essity.com.
