Essity slides after Q2 profit miss

Essity AB (publ)

17/07/2025 08:14

** Shares in Essity ESSITYa.ST are down around 4% to their lowest price in more than a year after the Swedish hygiene products maker's Q2 adjusted EBITA missed expectations by 5%

** Kepler Cheuvreux says the miss is driven by lower volumes in the institutional incontinence market and U.S. professional hygiene

** "Today leaves doubts on FY profit delivery," Jefferies says as it notes group margin dropped y/y despite the 20bp cut to Advertising & Promotion spend

** Stock falls to April 2024 low

($1 = 9.7536 Swedish crowns)

(Reporting by Anna Chaberska)

((Anna.chaberska@thomsonreuters.com;))