January 1, 1970 - ESAKF
Swedish hygiene giant Essity AB (formerly listed as ESAKF on the OTCGREY exchange) has been delisted as of February 2023. While this move removes the company from the immediate scrutiny of public markets, it also raises questions about its future direction and transparency.
Essity's decision to delist was likely driven by a number of factors, including the administrative burden and costs associated with maintaining a public listing. Additionally, as a company primarily operating in consumer staples, the need to constantly meet short-term investor expectations might have been viewed as less critical.
However, the lack of publicly available quarterly earnings transcripts and limited financial data makes it difficult to assess the company's current performance and future plans. Investors and analysts are left to piece together information from other sources, such as industry reports and news articles.
The chart below showcases Essity's estimated net income based on available data. It's important to note that this data is incomplete and may not reflect the company's current financial status.
The delisting of Essity AB marks a significant shift for the company. While the reasons behind the move remain unclear without further data, it underscores the challenges of analyzing companies that operate outside the realm of public markets.
"Fun Fact: Essity owns the global rights to the TENA brand, a leading name in incontinence products. Despite the sensitive nature of the topic, Essity has been lauded for its efforts to destigmatize incontinence and promote open conversations about bladder weakness."