Essity Q1 Sales Fall 5% After Acquisition

Essity reported Q1 net sales of SEK 33.18 bn, down 5.1% YoY, with organic sales up 0.4% driven by 1.1% volume growth.
EBITA margin (IAC) rose to 13.9% from 13.5%; reported EBITA fell 2% to SEK 4.60 bn but rose 5% in constant currency.
Acquisition of Edgewell Personal Care’s feminine care business closed Feb 2 for $339 m, adding 1.1% to net sales and SEK 370 m revenue.
Board approved a SEK 3 bn share buyback programme starting no earlier than May 11, 2026; operating cash flow rose 16% to SEK 4.35 bn.