Essity Associate Asaleo Care Recognizes Impairments in Half-year Report
STOCKHOLM, Aug. 21, 2018
STOCKHOLM, Aug. 21, 2018 /PRNewswire/ --
Asaleo Care Ltd, a hygiene company listed on the Australian Securities Exchange, published its 2018 half-year report on August 21, 2018. Essity owns about 36% of Asaleo Care, with the holding recognized as an associate.
Impairments are recognized in Asaleo Care's half-year report 2018. As a result, Essity will recognize an item affecting comparability of approximately SEK -260m in the third quarter of 2018.
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Essity associate Asaleo Care recognizes impairments in half-year report