ETTYF - Essity: A Necessary Update And A New Valuation Target

2024-07-06 02:09:56 ET

Summary

• The company's financial targets include annual organic sales growth of 3% or above and EBITDA margins of 15% or above, with a focus on optimizing the portfolio and cost savings.
• Essity is viewed as an interesting business with potential upside, but only at the right valuation.
• Despite dropping in price, the author has not yet bought back into Essity, waiting for a good price.

Dear readers/followers,

At this point, it's been over 3 years since I updated my thesis on Essity ( OTC:ESAKF ) ( OTCPK:ETTYF ) - so to say that the time is ripe for an update on my thesis Is a bit of an understatement. First of all, let me make it clear that I no longer own a stake in this company - at least not right now....

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