Essity AB (publ) (STO: ESSITY.A)

Essity AB Income Statement

Financials in millions SEK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	144,366	147,147	131,320	101,466	121,752	128,975
Revenue Growth (YoY)	11.48%	12.05%	29.42%	-16.66%	-5.60%	8.84%
Cost of Revenue	97,103	102,627	97,395	72,176	82,132	90,876
Gross Profit	47,263	44,520	33,925	29,290	39,620	38,099
Selling, General & Admin	27,106	25,661	21,916	17,898	22,088	22,319
Operating Expenses	28,216	26,770	23,027	18,742	22,897	23,097
Operating Income	19,047	17,750	10,898	10,548	16,723	15,002
Interest Expense	-2,275	-2,617	-1,380	-645	-1,046	-1,372
Interest & Investment Income	412	412	141	65	108	106
Earnings From Equity Investments	71	39	38	59	94	60
Currency Exchange Gain (Loss)	-43	-43	-38	16	-	-4
Other Non Operating Income (Expenses)	-108	-108	-43	-3	-20	-39
EBT Excluding Unusual Items	17,104	15,433	9,616	10,040	15,859	13,753
Asset Writedown	-70	-350	-274	-	-	-
Other Unusual Items	-727	-2,291	-2,171	371	-59	-713
Pretax Income	16,307	12,792	7,171	10,411	15,800	13,040
Income Tax Expense	4,309	3,275	2,006	2,398	4,053	2,828
Earnings From Continuing Operations	11,998	9,517	5,165	8,013	11,747	10,212
Earnings From Discontinued Operations	9,048	279	899	1,797	-	-
Net Income to Company	21,046	9,796	6,064	9,810	11,747	10,212
Minority Interest in Earnings	-206	-242	-497	-1,190	-1,519	-996
Net Income	20,840	9,554	5,567	8,620	10,228	9,216
Net Income to Common	20,840	9,554	5,567	8,620	10,228	9,216
Net Income Growth	133.19%	71.62%	-35.42%	-15.72%	10.98%	16.87%
Shares Outstanding (Basic)	702	702	702	702	702	702
Shares Outstanding (Diluted)	702	702	702	702	702	702
Shares Change (YoY)	-0.09%	-	-	-	-	-
EPS (Basic)	29.70	13.60	7.93	12.27	14.56	13.12
EPS (Diluted)	29.70	13.60	7.93	12.27	14.56	13.12
EPS Growth	133.39%	71.62%	-35.42%	-15.72%	10.98%	16.87%
Free Cash Flow	14,172	14,678	7,444	9,446	11,212	13,404
Free Cash Flow Per Share	20.20	20.90	10.60	13.45	15.96	19.09
Dividend Per Share	7.750	7.750	7.250	7.000	6.750	6.250
Dividend Growth	6.90%	6.90%	3.57%	3.70%	8.00%	8.70%
Gross Margin	32.74%	30.26%	25.83%	28.87%	32.54%	29.54%
Operating Margin	13.19%	12.06%	8.30%	10.40%	13.74%	11.63%
Profit Margin	14.44%	6.49%	4.24%	8.50%	8.40%	7.15%
Free Cash Flow Margin	9.82%	9.98%	5.67%	9.31%	9.21%	10.39%
EBITDA	25,086	23,822	16,789	15,555	23,093	21,595
EBITDA Margin	17.38%	16.19%	12.78%	15.33%	18.97%	16.74%
D&A For EBITDA	6,039	6,072	5,891	5,007	6,370	6,593
EBIT	19,047	17,750	10,898	10,548	16,723	15,002
EBIT Margin	13.19%	12.06%	8.30%	10.40%	13.74%	11.63%
Effective Tax Rate	26.42%	25.60%	27.97%	23.03%	25.65%	21.69%

Source: S&P Capital IQ. Standard template. Financial Sources.