sweden

20th Feb 2023

Sweden’s Autoliv, a leading manufacturer of automotive safety systems, has reported a 7.4 per cent increase in net sales for fiscal 2022, with net sales amounting to $8,842 million. The company's gross profit decreased by $115 million to $1,396 million, and the gross margin decreased by 2.6 percentage points to 15.8 per cent, compared to the previous...

31st Jan 2023

Sweden-based global hygiene and health company Essity has reported 28.2 per cent year-on-year growth in net sales to SEK 156,173 million in fiscal 2022 (FY22). The company’s sales growth, including organic sales growth and acquisitions, amounted to 17.7 per cent. Adjusted EBITA amounted to SEK 13,058 million and the adjusted EBITA margin to 8.4 per...

23rd Dec 2022

Sweden’s Renewcell has produced a fibre material with the ADuro textile fibre preparation system from Andritz at its new site in Sundsvall, Sweden. Renewcell applies the process to produce pure dissolving pulp from 100 per cent textile waste. The product is finally transformed by Renewcell’s customers into new garments for the circular clothing...

14th Dec 2022

Swedish hygiene and health company Essity has been recognised for its leadership in sustainability by the global non-profit environmental organisation CDP. The company was awarded a place on CDP’s prestigious A List for its work in combating deforestation. Essity’s products include tissue paper, baby diapers, feminine care, and incontinence products.

6th Nov 2022

Snickers Workwear and the Swedish company, OrganoClick, are embarking on an international collaboration, launching a wash-in textile waterproofing for workwear. The product will be sold under the Snickers Workwear brand, with a clear link to the OrganoClick brand OrganoTex. It is available at Snickers Workwear retailers in Europe from November 2022.

15th Sep 2022

Sweden-based hygiene and health company Essity has announced a new organisational structure and changes to its executive management team, valid as of December 31, 2022. In the new organisational structure, Essity will comprise four business units, namely Consumer Goods Americas, Consumer Goods EMEA, Professional Hygiene, and Health & Medical.

9th Sep 2022

Don Lewis, president professional hygiene and member of Essity’s executive management team, has decided to leave Essity, a global hygiene and health company, with its headquarters in Sweden. Lewis has joined the company in 2002 and has held various leadership positions in Essity’s professional and consumer businesses North America and Latin America.

1st Sep 2022

Hygiene and health company Essity has finalised the acquisitions of Canadian company Knix Wear Inc and Australian company Modibodi, both leading providers of leakproof apparel for periods and incontinence. With these acquisitions, Essity will become the global market leader within leakproof apparel, the fastest growing product segment in intimate...

23rd Jul 2022

The net sales of Essity has increased 27.8 per cent to SEK 72,230 million (56,496) in the first half (H1) of fiscal 2022. Sales growth, including organic sales growth and acquisitions, amounted to 19.0 per cent. Organic sales growth, excluding exchange rate effects, acquisitions and divestments, was 16.3 per cent, of which volume accounted for 5.5 per...