Essity AB Class B
ESSITY B: XSTO (SWE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| kC! | LOCK|@B | LOCK|#GnX#> |
Essity Earnings: EBITA Margin Down With Soft Volume and Currency Headwinds
Essity reported 1.9% organic sales growth in the second quarter, driven by pricing, with an EBITA margin of 13.7%, a 100-basis-point decline year over year. Reported net sales fell 6.6% due to an 8.5% currency headwind. Shares declined 4% at the market open on July 17.
