In the second quarter of 2022, Essity’s net sales increased 30.9% to SEK 37.9 billion ($3.7 billion). Sales growth, including organic sales growth and acquisitions, amounted to 20.6%. Organic sales growth, which excludes exchange rate effects, acquisitions and divestments, amounted to 17.8%, of which volume accounted for 3.7% and price/mix for 14.1%. Organic sales growth in mature markets amounted to 19.2% and in emerging markets to 16%. Emerging markets accounted for 38% of net sales. Exchange rate effects increased net sales by 10.4%. Acquisitions increased net sales by 2.8%. Divestments reduced net sales by 0.1%.
For Incontinence Products Retail, organic sales growth amounted to 12.5%, in Feminine Care to 17.7% and in Baby Care to 2.1%. For these three categories, prices were higher and volumes higher in Incontinence Products Retail and Feminine Care. The discontinuation of baby diaper operations in Latin America had a negative impact on growth in Baby Care. In Consumer Tissue, organic sales growth amounted to 21.6% and for the Consumer Tissue Private Label Europe division to 31.7%. The sales growth was mainly the result of price increases but volumes were also higher.
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