Q3 2021 Essity AB (publ) Earnings Call Transcript

Oct 22, 2021 / 07:00AM GMT
Operator

Hello and welcome to the conference for Essity's Interim Report for the Third Quarter 2021. I'm Joséphine Edwall, Head of Communications for Essity. And today, our President and CEO, Magnus Groth, together with our CFO, Fredrik Rystedt, go through the highlights in the report followed by a Q&A session.

So with this, I hand over to you, Magnus.

Magnus Groth - Essity AB(publ)-President - CEO & Director

Thank you, Joséphine.

So in the third quarter, Essity continued with a high pace of innovations and a number of important product launches. And this, together with the increasing sales in e-commerce, resulted in the highest-ever market shares in our branded retail business. We are now gaining market share in over 70% of our sales in this area.

Another highlight of the quarter is the continued momentum in Medical. It's now the fifth quarter in a row when Medical Solutions is growing and in the quarter with over 9.7% compared to a year ago.

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