Essity falls on Q1 miss

Essity AB (publ)

24/04/2025 08:08

** Swedish hygiene products maker Essity ESSITYa.ST shares fall 2.7% after it reported a Q1 miss due to higher cost of goods sold

** The company's EBITA fell to 4.71 billion Swedish crowns  ($487.63 million) in Q1, slightly missing the 4.8 billion crowns expected by analysts polled by LSEG

** J. P. Morgan says Essity reported a miss on the top and bottom line in Q125

** "We would expect the stock to be under pressure today following the weak Q1, which may drive a low single digit consensus earnings downgrade," J.P Morgan writes

** Up to the previous session's close, shares were down 3.8%​ YTD

($1 = 9.6589 Swedish crowns)

 (Reporting by Tristan Veyet)

 ((Tristan.chabba@thomsonreuters.com))