Essity

Essity began work in April 2022 to exit the Russian market and in 2022 an impairment was carried out of the company’s assets in Russia of approximately SEK 1.7bn.

In 2022, Essity’s net sales in Russia amounted to approximately 2% of the Group’s total net sales. 
The total earnings impact will be reported when the transaction is finalized but is not expected to have a material financial impact.