Shares in Essity rise on earnings beat, new savings program

Essity AB (publ)

23/10/2025 08:26

** Shares in Essity ESSITYa.ST are up 5% after the Swedish hygiene products maker's Q3 adjusted EBITA beat expectations

** Essity reported Q3 adjusted EBITA at SEK 5.06 billion  ($537.41 million), exceeding the 4.86 billion crowns expected by analysts polled by LSEG

** J.P.Morgan says the adjusted EBITA beat was led predominantly by lower "Other" (central costs)

   ** The company also announced organisational change to decentralise decision making with four business areas and a cost savings program that is expected to generate annual savings of around SEK 1 bln

** Even if the earnings beat was largely helped by still lower run rates of marketing and promotion spend, the Q3 update is good enough to support the shares this morning, Jefferies says

** Share on track for a best day since April

($1 = 9.4155 Swedish crowns)

 (Reporting by Agnieszka Gosciak-Rabalska)

 ((agnieszka.gosciak@thomsonreuters.com; +48 58 769 66 00;))