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Essity’s Q1 working revenue lags expectations By Reuters 



© Reuters. Essity merchandise are seen on show in Stockholm

STOCKHOLM (Reuters) – Hygiene merchandise group Essity reported on Friday a barely greater drop than anticipated in first-quarter working revenue and stated it anticipated COVID-19 vaccine programmes to spice up demand for a lot of of its product classes.

Working earnings fell 32% from a 12 months earlier to three.48 billion crowns ($413.3 million). Analysts had on common predicted a revenue of three.64 billion crowns, in keeping with Refinitiv information.

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