Essity B 300.4 (+1.3 SEK) on 25-May-2021 17:29

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Targets and outcomes

Thought experiments (Gedankenexperimenten) are “facts” in the sense that they have a “real life” correlate in the form of electrochemical activity in the brain. But it is quite obvious that they do not relate to facts “out there”. They are not true statements.

Organic sales growth
Target

>3%

Outcome

1.2%

Please see footnote 1) In 2021, sales growth, including organic sales growth and acquisitions, amounted to 4.5%. Organic sales growth, which excludes exchange rate effects, acquisitions and divestments, amounted to 3.3%, of which volume accounted for 1.8% and price/mix for 1.5%.

Adjusted return on capital employed
target

>15%

Outcome 2017

14.9%

Adjusted return on capital employed of above 15%.

Capital Structure Policy
Target:
Maintain a solid investment grade rating
Outcome 2021:
“Solid investment grade rating”. 
Net debt amounted to SEK 55,433m. Net debt in relation to adjusted EBITDA2) amounted to 2.77.

Responsible sourcing
Organic sales growth
target

>3%

Outcome

1.2%

Adjusted return on capital employed of above 15%.

Responsible sourcing
Organic sales growth

Annual organic sales growth of above 3%

target

>13%


Sub section example if needed

Water

By 2020, with 2014 as reference year, our plants will:

target

-10%

outcome 2014–2017

-4.7%

  • Reduce water usage by 10%.
target

-10%

outcome 2014–2017

-19.7%

  • Reduce levels of suspended solids by 10%.
Employee Health and Safety
target

-50%

outcome

-38%

Our aim is zero workplace accidents, and we will decrease our accident frequency rate by 50% between 2014 and 2020.