Financial

Essity Reports Financial Results

Net sales fall 5.1%

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By: Tara Olivo

Associate Editor at Nonwovens Industry

financial news

Essity’s net sales decreased 5.1% in the first quarter of 2026 compared with the corresponding period a year ago and amounted to SEK 33.2 billion ($3.6 billion). Excluding currency translation effects, net sales increased SEK 528 million ($57.2 million). The acquisition of Edgewell’s feminine care business in North America increased consolidated net sales by 1.1%. Organic sales increased 0.4%, driven by higher volumes in Personal Care and Professional Hygiene. Growth was negatively impacted by sales prices, mainly due to lower sales prices in Consumer Tissue. Growth was high in North America, with positive growth in all business areas with presence in the region. Favorable growth was also reported in Latin America. Growth was negative in Europe, primarily due to lower sales in Consumer Tissue.

In the Health & Medical segment, net sales increased organically 0.5%, driven by a positive price trend. Volumes were unchanged. High growth was reported in North America. In Europe, growth was negative. In Incontinence Products, organic growth was negative primarily due to lower volumes. Organic growth in Medical Solutions was mainly driven by higher sales prices. Higher volumes also had a positive impact. Growth in wound care was high, while orthopedics also noted good sales development.

In the Personal Care segment, net sales increased organically 4.1%. Volumes performed strongly and sales prices made a positive contribution. The product mix was also favorable, with increased sales of high-margin products in Feminine Care and Baby Care. Market shares increased for more than 60% of branded sales. The acquisition in Feminine Care in North America was consolidated as of February 2 and increased net sales by 4.9%. Growth was high in North America. Growth was positive in Europe and Latin America. Incontinence Products and Feminine Care reported high organic growth, primarily driven by increased volumes. In Feminine Care, higher sales prices and a favorable product mix also made a contribution. The Baby Care market remained challenging. Growth in the Baby Care business was somewhat negative, mainly due to lower volumes in Retailer Brands. However, market positions of its leading brand Libero were further strengthened and high growth was reported.

In the Professional Hygiene segment, net sales increased organically by 1.9%, primarily driven by higher volumes in North America. The product mix also remained favorable with an increased share of premium products. Sales prices were slightly lower. High growth was reported in North America and Latin America. In Europe, growth was somewhat negative.

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