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Essity First Quarter Earnings Beat Market Forecasts

The Swedish hygiene firm reported an adjusted EBITA of 4.6 billion crowns for the first quarter. Higher sales volumes helped the Tork owner beat analyst views.

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The hygiene products manufacturer based in Sweden reported first-quarter core earnings that slightly exceeded market expectations on Thursday. The results for the maker of Tork brand products were bolstered by higher sales volumes, which helped mitigate the impact of reduced product pricing.

A display of Essity hygiene products at an investor presentation held in Stockholm, Sweden. REUTERS/Anna Ringstrom/File Photo
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