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Essity AB engages in the development, production, and marketing of personal care products. It operates through the following segments: Personal Care, Consumer Tissue, Professional Hygiene, and Other Operations. Read More The Personal Care segment offers incontinence products, baby care, feminine care, and medical solutions. The Consumer Tissue segment consists of toilet paper, household towels, handkerchiefs, facial tissues, wet wipes, and napkins. The Professional Hygiene segment comprises complete hygiene solutions, including toilet paper, paper hand towels, napkins, hand soap, hand lotion, hand sanitizers, dispensers, cleaning and wiping products, internet of things sensor technology, and service and maintenance. The Other Operations segment refers to the group-wide functions. The company was founded in 1929 and is headquartered in Stockholm, Sweden. ESSYY is listed on the Pink Current market tier. OTC market data is provided by OTC Markets Group, Inc (otcmarkets.com).
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Essity sales hit by lockdowns and March hoarding
STOCKHOLM (Reuters) - Hygiene products maker Essity (ESSITYb.ST) suffered an 11% drop in second-quarter sales, hit by coronavirus lockdowns and adverse effects
UPDATE 1-Sweden's Essity Q2 sales drop as pandemic hoarding loses steam
* Earlier stockpiling by shoppers, retailers had negative effect * Lower pulp and other costs supported profitability (Adds details of results, background) ST