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

Q3 2022 Essity AB (publ) Earnings Call Transcript

Oct 27, 2022 / 07:00AM GMT
Release Date Price: $21
Josephine Edwall;Bjorklund;publ;SVP of Group Function Communications
Essity AB

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Hello, and welcome to Essity's press conference about our third quarter interim report 2022. I'm Josephine Edwall, Head of Communications. And today, our President and CEO, Magnus Groth, together with our CFO, Fredrik Rystedt, will go through the highlights of the report. And of course, we'll have a Q&A in the end. So Magnus, with this, I hand over to you.

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

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Thank you very much. Good morning, everybody. To summarize this third quarter, we saw sales growth of 17.3%, with strong contribution from price, 14.5%, but also and very importantly, volume growth in all our 3 business segments and the positive mix. So a combination of all these 3 parts of the overall growth. And to that, in addition, 1% of growth coming from acquisitions. Adjusted EBITDA was close to SEK 3 billion, and the EBITDA margin 7.5%.

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