Profits soar at Essity

STOCKHOLM - Health and hygiene company Essity has reported significant growth in profits and higher global market shares for its third quarter.

Despite net sales dipping 2.2% to SEK 36,274 million, EBITA soared 47% to SEK 5,130 million, up from SEK 3,497 million in the same period last year. Profit for the period from total operations, was SEK 3,329 million, up from SEK 1,651.