Essity AB (publ) (OTCPK:ETTYF) Q1 2025 Earnings Conference Call April 24, 2025 3:00 AM ET
Company Participants
Sandra Åberg – VP, IR
Magnus Groth – President, CEO and Director
Fredrik Rystedt – CFO, EVP and Head, Group Function Finance
Conference Call Participants
Niklas Ekman – Carnegie
Charles Eden – UBS
Patrick Folan – Barclays
Jeremy Fialko – HSBC
Oskar Lindstrom – Danske Bank
Antoine Prevot – Bank of America
Sandra Åberg
Welcome to Essity’s presentation of the results for the first quarter 2025. My name is Sandra Åberg, Head of Investor Relations. Today, our CEO, Magnus Groth; and our CFO, Fredrik Rystedt, will guide us through the essentials of the Q1 report. We will also share some assessments on the tariff situation and why we expect the current tariffs to have a limited impact on Essity’s business. After that, we have set aside time to answer any questions that you might have.
After the webcast today, we will be on the road show in Stockholm and after that in London. So, if you would like to meet, please reach out to me.
With that, a solid start to the 2025. Magnus, could you please elaborate?
Magnus Groth
Thank you very much, Sandra and good morning, everyone to — and thanks for listening in and watching our Q1 report today. So, as a summary, a solid performance with higher sales and a strong cash flow. All business areas continued to the strong growth, and we saw higher volumes, mix and price in two out of the three business areas in Health & Medical and Professional Hygiene, and we saw a positive price in Professional Hygiene, but lower volumes. So, overall stable volumes.
We saw strong growth in our high-margin categories, which is, of course, where we prioritize and this was partly offset then by
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