“We leave an eventful year behind us in which we have 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 18.9bn – the highest profit ever – while also increasing net sales to SEK 147bn. We have undertaken to accept the offer in respect of all shares in Vinda. It is a very attractive offer for Essity and our shareholders and provides us with a product portfolio with higher and more stable returns,” says Magnus Groth, in his CEO message.
Read the complete CEO message and about Essity’s strategic priorities, earnings and leading sustainability work in the Annual Report for 2023, which is attached to this press release and can be downloaded at essity.com.
The Annual Report also contains a cohesive Sustainability report structured in accordance with Essity’s Sustainability Playing Field, which summarizes the company’s social and environmental sustainability priorities. The sustainability report was designed with consideration of the European Sustainability Reporting Standards (ESRS).
Source: Essity
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