Consumer tissue group Essity hit by rising pulp, energy costs

Stockholm

SWEDISH hygiene products group Essity reported on Monday a bigger fall than expected in core profit, saying rising pulp and energy costs had outweighed higher selling prices and cost savings.

Other major consumer product companies such as Procter & Gamble and Kimberly-Clark have also reported soaring costs of pulp, a major ingredient for tissues, diapers and sanitary towels.