Essity divests its 50% stake in partly owned company SCA Yildiz in Turkey to other part owner Yildiz
STOCKHOLM, May 21, 2019-
SCA Yildiz is primarily active in Baby Care products. In 2018, the company reported net sales of SEK 364m (TRY 197m). The divestment gives rise to a currency related loss of approximately
SEK 150m, which will be recognized as an item affecting comparability in the second quarter of 2019. This will not impact cash flow or shareholders’ equity.
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