Essity: Hits record high after Chinese unit issues robust forecast

Vinda International Holdings

13/01/2020 09:28

** Shares in Swedish hygiene products maker Essity
 ESSITYa.ST  rise 2% after its Chinese unit Vinda International
 3331.HK  issues a robust earnings forecast
    ** Vinda's 2019 operating profit is expected to increase by
more than 50% as compared to 2018  urn:newsml:reuters.com:*:nFWN29G19B
    ** Essity owns 52% of Vinda


 ((Jakub.Lubinski@thomsonreuters.com))