Essity’s profits down on high costs in 2021

Swedish producer of tissue products Essity still had to cope with high cost of raw materials, energy and logistics in the first six months of the year. Measures implemented by the company to contain the costs began to show first results, enabling Essity to perform better in the second quarter of 2022 than in the first....

Spain’s forest, pulp and paper group Iberpapel, the parent company of the Papelera Guipuzcoana de Zicuñaga, has posted a strong result for the financial year 2022. “In a year marked by macroeconomic and geopolitical uncertainty” the group increased its sales by almost 25 per cent to €295m. The group’s Ebitda increased...

Swiss industrial holding CPH group reported a strong year in all business segments. All three business divisions – Paper, Packaging and Chemistry – raised their 2022 net sales on higher sales prices, the group explained. The group’s net sales increased by 46 per cent against the previous year to CHF725m in 2022. Higher...