Essity reveals results in 2023 Annual Report
Innovation and sustainability drive unprecedented profitable growth at leading health and hygiene company
Essity, a leader in the hygiene and healthcare sector, has published its annual report for the year 2023.
Magnus Groth, CEO of Essity, said “We leave behind an eventful year in which we focused on increasing profitability and created a stable platform for profitable growth. Through innovation, restructuring, efficiency improvements and price increases, we achieved an adjusted profit of SEK 18.9 billion (the highest profit ever) and at the same time increased net sales to SEK 147 billion. We have committed to accept the offer in respect of all Vinda shares. It is a very attractive offer for Essity and our shareholders and provides us with a product portfolio with higher and more stable returns.”
Essity’s Annual Report addresses not only its financial strategies and successes, but also its commitment to responsible practices. It includes a comprehensive report reflecting its approach to social and environmental responsibility, structured according to its own responsible performance model and in accordance with European Reporting Standards (ESRS), highlighting its objectives in these areas.
For the full annual report click here.
