Essity associate Asaleo Care recognizes impairments in half-year report

Asaleo Care Ltd, a hygiene company listed on the Australian Securities Exchange, published its 2018 half-year report on August 21, 2018. Essity owns about 36% of Asaleo Care, with the holding recognized as an associate.

Impairments are recognized in Asaleo Care’s half-year report 2018. As a result, Essity will recognize an item affecting comparability of approximately SEK -260m in the third quarter of 2018. 

For further information, please contact:

Per Lorentz, Vice President Corporate Communications, +46 8 788 52 51, per.lorentz@essity.com
Johan Karlsson, Vice President Investor Relations, +46 8 788 51 30, johan.ir.karlsson@essity.com

Essity is a leading global hygiene and health company dedicated to improving well-being through our products and solutions, essentials for everyday life. The name Essity stems from the words essentials and necessities. Our sustainable business model creates value for people and nature. Sales are conducted in approximately 150 countries under the leading global brands TENA and Tork, and other strong brands, such as Jobst, Leukoplast, Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa. Essity has about 48,000 employees and net sales in 2017 amounted to approximately SEK 109bn (EUR 11.3bn). The headquarters is located in Stockholm, Sweden, and the company is listed on Nasdaq Stockholm. More information at www.essity.com.