Essity Aktiebolag (publ) listed for trading on Nasdaq Stockholm
The leading global hygiene and health company Essity Aktiebolag (publ) was listed on Nasdaq Stockholm today and the company’s Class A and Class B shares have commenced trading.
The listing of Essity is a result of the Annual General Meeting’s decision on April 5, 2017 to split the SCA Group into two listed companies: forest products company SCA, and hygiene and health company Essity.
“I am very pleased that Essity’s listing date has arrived. We believe this will increase value for our shareholders in the long-term through increased focus, customer value, development opportunities, and enables us to successfully realize our strategies. We are now looking forward to an exciting future for the hygiene and health company Essity,” says Magnus Groth, President and CEO of Essity.
The name Essity stems from the words ‘essentials’ and ‘necessities’, a fitting name for the new hygiene and health company that offers products for everyday necessities. Essity develops, produces and sells products and solutions in Personal Care, Consumer Tissue and Professional Hygiene and the vision is; dedicated to improving well-being through leading hygiene and health solutions.
“The global population is both growing and getting older, and hygiene and health are necessities for better lives. Our products and solutions play an essential role in improving well-being for people around the world,” says Magnus Groth, President and CEO of Essity.
Essity conducts sales in about 150 countries under many strong brands, including the leading global TENA and Tork, and other brands such as Leukoplast, Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa. Essity has about 48,000 employees and in 2016, net sales amounted to approximately SEK 101bn (EUR 10.7bn).
For further information, please contact:
Karl Stoltz, Media Relations Manager, +46 8 788 51 55
Johan Karlsson, Vice President Investor Relations, +46 8 788 51 30
Essity is a leading global hygiene and health company that develops, produces and sells Personal Care (Baby Care, Feminine Care, Incontinence Products and Medical Solutions), Consumer Tissue and Professional Hygiene products and solutions. Our vision is; Dedicated to improving well-being through leading hygiene and health solutions. Sales are conducted in approximately 150 countries under many strong brands, including the leading global brands TENA and Tork, and other brands, such as Leukoplast, Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa. Essity has about 48,000 employees and net sales in 2016 amounted to approximately SEK 101bn (EUR 10.7bn). The business operations are based on a sustainable business model with focus on value creation for people and nature. The company has its headquarters in Stockholm, Sweden, and is listed on Nasdaq Stockholm. Essity used to be part of the SCA Group. More information at www.essity.com.
