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Essity reports Vinda as discontinued operations as of Q4 2023 and publishes updated comparable figures

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STOCKHOLM, Dec. 19, 2023 /PRNewswire/ — As announced on December 15, 2023, Essity will, as of the fourth quarter of 2023, classify the financial reporting of Vinda as discontinued operations. Today, Essity is publishing updated comparable figures to reflect this change in accounting.

EARNINGS TREND

SEKm

2023:3

2023:2

2023:1

2022:4

2212

2112

Net sales

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37,092

37,078

36,352

36,629

131,320

101,466

Gross profit

10,683

10,454

10,359

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9,935

32,026

29,144

Adjusted gross profit1

11,670

10,809

10,321

10,237

33,925

29,290

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Adjusted operating profit before amortization of acquisition- related intangible assets (EBITA)1

5,147

4,617

4,281

4,112

12,047

11,451

Operating profit before amortization of acquisition-related intangible assets (EBITA)

3,497

4,131

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4,368

3,818

9,876

11,822

Amortization of acquisition-related intangible assets

-277

-279

-283

-288

-1,111

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-844

Adjusted operating profit1

4,870

4,338

3,998

3,824

10,936

10,607

Items affecting comparability

-1,967

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-519

87

-305

-2,445

371

Operating profit

2,903

3,819

4,085

3,519

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8,491

10,978

Financial items

-644

-588

-625

-561

-1,320

-567

Profit before tax

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2,259

3,231

3,460

2,958

7,171

10,411

Adjusted profit before tax1

4,226

3,750

3,373

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3,263

9,616

10,040

Income taxes

-696

-786

-809

-736

-2,006

-2,398

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Profit for the period from continuing operations

1,563

2,445

2,651

2,222

5,165

8,013

Profit for the period from discontinued operations

88

106

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52

24

899

1,797

Profit for the period, total operations

1,651

2,551

2,703

2,246

6,064

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9,810

Earnings per share before and after dilution, continuing operation, SEK

2.20

3.46

3.75

3.14

7.28

10.96

Adjusted earnings per share before and after dilution, continuing operation, SEK2

4.83

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4.26

3.93

3.75

11.60

11.18

Earnings per share before and after dilution, total operations, SEK

2.26

3.53

3.79

3.15

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7.93

12.27

1Excluding items affecting comparability.

2Excluding items affecting comparability and amortization of acquisition-related intangible assets.

 

NET SALES BY BUSINESS AREA

SEKm

2023:3

2023:2

2023:1

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2022:4

2212

2112

Health & Medical

7,158

6,905

6,665

6,589

24,708

21,255

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Consumer Goods

19,729

20,056

20,257

20,454

72,241

55,821

Professional Hygiene

10,184

10,123

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9,422

9,617

34,393

24,392

Other

21

-6

8

-31

-22

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-2

Total

37,092

37,078

36,352

36,629

131,320

101,466

 

ORGANIC SALES GROWTH BY BUSINESS AREA

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( %)

2023:3

2023:2

2023:1

2022:4

2212

2112

Health & Medical

5.8

8.0

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10.6

4.5

7.2

5.5

Consumer Goods

-0.4

5.7

14.8

18.4

17.6

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0.2

Professional Hygiene

5.7

11.7

22.6

20.7

25.4

5.8

Total

2.4

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7.7

15.9

16.0

17.3

2.6

 

SALES GROWTH, INCLUDING ORGANIC SALES GROWTH AND ACQUISITIONS BY BUSINESS AREA

( %)

2023:3

2023:2

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2023:1

2022:4

2212

2112

Health & Medical

5.8

8.0

10.6

6.4

9.6

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6.6

Consumer Goods

1.1

8.7

17.2

21.1

20.0

1.6

Professional Hygiene

5.7

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11.7

22.9

21.3

27.7

7.7

Total

3.3

9.3

17.4

18.0

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19.7

4.0

 

ADJUSTED EBITA BY BUSINESS AREA

SEKm

2023:3

2023:2

2023:1

2022:4

2212

Advertisement

2112

Health & Medical

1,188

947

777

719

2,904

3,800

Consumer Goods

2,395

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2,417

2,400

2,293

6,354

5,767

Professional Hygiene

1,887

1,582

1,288

1,405

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3,843

2,673

Other

-323

-329

-184

-305

-1,054

-789

Total

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5,147

4,617

4,281

4,112

12,047

11,451

 

ADJUSTED OPERATING PROFIT BY BUSINESS AREA

SEKm

2023:3

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2023:2

2023:1

2022:4

2212

2112

Health & Medical

979

737

560

499

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2,058

3,082

Consumer Goods

2,332

2,356

2,338

2,231

6,109

5,650

Professional Hygiene

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1,881

1,577

1,282

1,400

3,823

2,663

Other

-322

-332

-182

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-306

-1,054

-788

Total adjusted operating profit1

4,870

4,338

3,998

3,824

10,936

10,607

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Financial items

-644

-588

-625

-561

-1,320

-567

Profit before tax1

4,226

3,750

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3,373

3,263

9,616

10,040

Income taxes

-995

-941

-803

-815

-2,206

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-2,474

Net profit for the period2

3,231

2,809

2,570

2,448

7,410

7,566

1Excluding items affecting comparability before tax amounting to:

-1,967

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-519

87

-305

-2,445

371

2Excluding items affecting comparability after tax amounting to:

-1,668

-364

81

-226

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-2,245

447

 

 ADJUSTED EBITA MARGIN BY BUSINESS AREA

( %)

2023:3

2023:2

2023:1

2022:4

2212

Advertisement

2112

Health & Medical

16.6

13.7

11.7

10.9

11.8

17.9

Consumer Goods

12.1

Advertisement

12.1

11.8

11.2

8.8

10.3

Professional Hygiene

18.5

15.6

13.7

14.6

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11.2

11.0

Total

13.9

12.5

11.8

11.2

9.2

11.3

 

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ADJUSTED GROSS MARGIN BY BUSINESS AREA

( %)

2023:3

2023:2

2023:1

2022:4

2212

2112

Health & Medical

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42.0

39.0

37.8

36.3

37.4

42.7

Consumer Goods

28.3

26.3

26.3

Advertisement

25.7

23.0

25.7

Professional Hygiene

30.2

28.1

26.3

26.8

23.4

24.0

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Total

31.5

29.2

28.4

27.9

25.8

28.9

 

ADJUSTED RETURN ON CAPITAL EMPLOYED BY BUSINESS AREA

( %)

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2023:3

2023:2

2023:1

2022:4

2212

2112

Health & Medical

13.3

10.7

9.1

Advertisement

8.3

8.7

12.8

Consumer Goods

17.2

17.6

18.2

16.7

12.8

14.2

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Professional Hygiene

28.0

22.7

18.6

19.3

14.0

11.7

Total

17.2

15.8

Advertisement

15.2

13.9

10.9

12.4

 

OPERATING CASH FLOW BY BUSINESS AREA

SEKm

2023:3

2023:2

2023:1

Advertisement

2022:4

2212

2112

Health & Medical

1,676

323

270

818

2,396

3,834

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Consumer Goods

2,235

1,732

1,760

1,043

3,567

5,152

Professional Hygiene

2,370

1,782

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951

1,344

3,219

2,311

Other

-227

-990

-111

-585

-1,503

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-1,552

Total

6,054

2,847

2,870

2,620

7,679

9,745

 

NET SALES BY CATEGORY

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( %)

2212

Health & Medical

19

of which

  Incontinence Products Health Care

11

  Medical Solutions

8

Consumer Goods

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55

of which

  Incontinence Products Retail

7

  Feminine Care

8

  Baby Care

5

  Consumer Tissue

35

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Professional Hygiene

26

 

NET SALES PER REGION

( %)

2212

Europe

62

Latin America

16

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North America

16

Asia

2

Other

4

 

For further information, please contact:

Per Lorentz, Vice President Corporate Communications, +46 73 313 30 55, [email protected]
Sandra Åberg, Vice President Investor Relations, +46 70 564 96 89, [email protected]

The following files are available for download:

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https://mb.cision.com/Main/15798/3896297/2504980.pdf

Essity reports Vinda as discontinued operations as of Q4 2023 and publishes updated comparable figures

 

View original content:https://www.prnewswire.co.uk/news-releases/essity-reports-vinda-as-discontinued-operations-as-of-q4-2023-and-publishes-updated-comparable-figures-302019271.html

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Board the TOKEN2049 Treasure Express With Bybit and Dive Into an $80,000 Prize Pool

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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, set out to make the community’s TOKEN2049 journey more rewarding. Gearing up for the most anticipated blockchain and Web3 event in the region, Bybit is thrilled to announce three bonus events to enable both attendees and remote fans to both be part of the experience.

The winning opportunities are open to both attendees of TOKEN2049 and followers from afar. Through trading and offline events, participants stand to get free tickets, a share of the $80,000 prize pool in airdrops and coupons, and Bybit merchandise.

Event 1: TOKEN2049 Treasure Express 

From now to Sep. 26, 2024, Bybit users may register for the event and complete tasks by depositing and trading assets to earn lucky draw tickets. The wheel of fortune will turn to one of the three prizes:

1. A pair of tickets to TOKEN2049;
2. A share of the airdrop prize pool valued at $50,000 featuring the hottest tokens, including DOGS, PEPE, SOL, XRP, TON and USDT; or
3. Up to 50 USDT in spot coupons.

Even more rewards await in referrals and social media giveaways. For details, visit: TOKEN2049 Treasure Express

Event 2: Share and Unlock

From now to Sep. 30, 2024, unleash your social media magic for a chance to win a 10 USDT spot trading coupon. Share a Bybit blog link and your thoughts on Bybit and Web3. Remember to tag @Bybit_Official and use the hashtag #UnlockWeb3Future and submit the form with us here: #UnlockWeb3Future at TOKEN2049 with Bybit

Event 3: Meet us offline at TOKEN2049

Spot our logo at TOKEN2049 and capture a photo at the Bybit booth (M50) to win Bybit merchandise. Remember to share to your social media channels and use the right hashtag. For details, visit: #UnlockWeb3Future at TOKEN2049 with Bybit

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An advocate for a sustainable Web3 ecosystem, Bybit will be featured prominently at TOKEN2049 on a series of keynote panels, thought leadership and community events, and booth M50.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Bybit Expands Global Reach, Receives Formal Consent for Full Authorization in Kazakhstan

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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce it’s among the first to be granted consent to a full authorization by the Astana Financial Service Authority (AFSA). This milestone brings Bybit closer to becoming a fully regulated Digital Asset Trading Facility (DATF).

As part of a rigorous process, Bybit Kazakhstan has passed a full AML check, business conduct audit, and detailed compliance inspections. This is part of Bybit’s focus on securing new user opportunities in Kazakhstan and the broader Commonwealth of Independent States (CIS) region.

Kazakhstan has become a key player in the global crypto ecosystem, and we are thrilled to be expanding our services in such a dynamic market,” said Ben Zhou, co-founder and CEO of Bybit. “We are committed to bringing our cutting-edge technology, security, and transparency to crypto traders in Kazakhstan, ensuring they can access the best possible tools and services to thrive in this fast-growing industry.”

Once the full license is in place, Bybit Kazakhstan will offer various digital assets related products and services. The expansion into Kazakhstan aligns with Bybit’s mission to provide reliable and transparent services, catering to the unique needs of crypto traders and investors in the region.

This development follows Bybit’s receipt of its initial operating and custody licenses from AFSA in June 2023, reinforcing its commitment to local regulatory requirements. Bybit’s ongoing efforts to strengthen its presence in Kazakhstan underscore its belief in responsible growth and ensuring a compliant and secure trading environment.

Kazakhstan has quickly emerged as a hub for crypto innovation, and Bybit is proud to play a leading role in fostering this development. For example, Bybit hosted a “Foundations of Blockchain, Web3 and Crypto Exchange Activities” course for Banks of Kazakhstan in 2024. This event was part of Bybit’s drive to make blockchain education more accessible in the CIS region.

By securing this full authorization, Bybit is poised to enhance crypto adoption, provide institutional-grade security, and offer advanced trading features to its growing regional user base.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Integrum ESG and CSRHub enable fund managers to monitor both long-term trends and short-term movements in ESG ratings for companies, across a 10-year time series

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LONDON, Sept. 6, 2024 /PRNewswire/ — Integrum ESG, the leading alternative ESG data provider, has today announced the launch of their Consensus ESG Ratings module.

Just as investors monitor movements in consensus earnings estimates or credit ratings, investors now are aware of the demand for the ability to monitor long-term trends and short-term movements in consensus ESG ratings.

This new feature enables Integrum ESG’s asset manager clients to now see the consensus ESG score for any company, either as an absolute rating or a relative percentile ranking, across a 10-year time series.

These scores will indicate to any investor what the capital markets have ‘priced in’ for a company’s ESG performance, allowing users to quickly understand the market’s view on a company and easily conduct relative ESG analysis on the positions they hold within their Portfolio.

This regularly updated data is provided by CSRHub, the world’s leading provider of consensus ESG ratings. CSRHub has spent years aggregating and normalising a vast range of licensed sources – from large ESG ratings firms such as MSCI, ISS, S&P Global, and Sustainalytics to specialists such as CDP and Better World Companies.

Shai Hill, Founder and CEO of Integrum ESG, commented: “Many investors have told us they want a sense of ‘what is priced in’ in terms of a company’s ESG performance, so they can compare this to what anyone ESG ratings firm is saying. CSRHub is the only firm to have credibly achieved this, thanks to a model refined over years and a vast data lake – so we are delighted to be partnering with them.”

Bahar Gidwani, Co-Founder of CSRHub, added: “Investors need to fine tune their ESG-related investment strategies to improve their returns and better match the preferences of their clients. Combining CSRHub’s expert outside-in, consensus view of ESG with Integrum ESG’s detailed real-time data stream provides a strong solution for these needs.”

About Integrum ESG

Integrum ESG is the leading alternative ESG data and ratings platform for investors, blending human analysis and award-winning artificial intelligence models to capture, verify and display granular and relevant ESG data for analysis and assessment. Their Platform allows clients to dissect ESG scores, real-time sentiment, and more with a variety of unique-to-market features, empowering industry professionals and investors and giving them complete oversight of ESG risk across their portfolio.

For more information, visit www.integrumesg.com

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About CSRHub

CSRHub offers the most comprehensive global set of Consensus ESG (Environmental, Social, and Governance) ratings, information, and tools. CSRHub’s business intelligence system measures the ESG business impact that drives corporate and investor sustainability decisions. Founded in 2007, CSRHub covers 56,545 public and private companies, and provides ESG performance scores on over 37,899 companies from 135 industries in 210 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 957 sources to produce a strong consensus signal on corporate sustainability performance.

For more information, visit www.csrhub.com

Media Contact
Harish Karunalingam
Integrum ESG
[email protected] 

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