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Divestment of Vinda and cost savings lift Essity’s Q1 results higher

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Published in issue 19/2024
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Essity closed out the first quarter of 2024 with a net profit of SEK11.5bn, up considerably from the SEK2.7bn booked in the prior-year period. A significant driver of this increase was the sale of shares in the Chinese company Vinda, which had been recorded as discontinued operations. However, other factors such as ...

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