Essity announced price increases in all product categories and markets to compensate the substantially higher costs for raw materials, energy and distribution. The timing and degree of the price increases will be managed locally.
"We do not expect a decrease in the historically high costs for raw material, energy and distribution in the near term," said Magnus Groth, President and CEO, Essity. "Price increases are therefore essential to compensate for the higher costs while we continue to increase customer and consumer value through leading innovations and implement efficiency measures to achieve cost savings."
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