Essity AB (OTCPK:ETTYF)
$ 27.08 0 (0%) Market Cap: 18.52 Bil Enterprise Value: 23.34 Bil PE Ratio: 10.64 PB Ratio: 2.38 GF Score: 81/100
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Q3 2019 Essity AB (publ) Earnings Call Transcript

Oct 25, 2019 / 07:00AM GMT
Release Date Price: $31.05 (+4.12%)
Josephine Edwall;BjÃ;rklund;publ;SVP of Group Function Communications
Essity AB

¶ - ()-

Hello, and welcome to Essity's Telephone Conference around our Interim and Third Quarter Report for 2019. My name is Josephine Edwall, and I'm Head of Communications. Today, our CEO, Magnus Groth, will go through the highlights in the report, followed by a Q&A session, where our CFO, Fredrik Rystedt, will join.

So with that, I hand over to you, Magnus.

Magnus Groth;publ;President
Essity AB;CEO & Director

()- -

Thank you, Josephine, and good morning. So the third quarter showed strong organic net sales growth of 5.9% and higher adjusted EBITA margin in all business area. And the performance benefited from higher prices, better mix, higher volumes and cost savings in all business areas. And in addition to this, for the first time since the split 2.5 years ago, we saw lower raw material costs compared to a year ago and lower energy costs. We still have a

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