Essity AB (publ) (ETTYF)
| Previous Close | 23.62 |
| Open | 23.62 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 23.62 - 23.62 |
| 52 Week Range | 20.90 - 30.40 |
| Volume | |
| Avg. Volume | 391 |
| Market Cap | 17.16B |
| Beta (5Y Monthly) | 0.18 |
| PE Ratio (TTM) | 19.21 |
| EPS (TTM) | 1.23 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.73 (3.08%) |
| Ex-Dividend Date | Mar 22, 2024 |
| 1y Target Est | N/A |
- Reuters
UPDATE 3-Hygiene product maker Essity's Q1 profit beats expectations
Sweden's Essity reported first-quarter core earnings above expectations on Thursday as the hygiene product maker continued to focus on boosting its volumes and market share. Its adjusted quarterly earnings before interest, tax and amortisation (EBITA) rose 12% from a year earlier to 4.9 billion Swedish crowns ($450.86 million), surpassing the 4.45 billion crowns expected by analysts polled by LSEG. "Our focus as we move forward remains on growing volume and gaining market share with good profitability," Chief Executive Magnus Groth said in a statement.
ReutersEssity bondholders request meeting over debt repayment claim
Essity creditors demanded on Friday that the Swedish hygiene products maker must convene a general meeting of noteholders to discuss a repayment of the company's bonds, advisors to the ad-hoc group said. The bondholders have said Essity's recent sale of its 52% stake in Hong Kong's Vinda International constituted a default on the terms of the Swedish company's notes maturing in 2029, 2030 and 2031, and that they should thus be repaid in full. "The group is willing to discuss with Essity the manner and terms on which such repayment would be made," the bondholders' advisors Houlihan Lokey and White & Case said in a statement obtained by Reuters.
GuruFocus.comEssity AB's Dividend Analysis
Essity AB (ETTYF) recently announced a dividend of $7.75 per share, payable on 2024-03-28, with the ex-dividend date set for 2024-03-22. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Essity AB's dividend performance and assess its sustainability.
