Hygiene and health company Essity, a major manufacturer of diapers and toilet paper, reported an operating profit of just under SEK 3.4 billion for the third quarter, down 31 percent from a year earlier.
BusinessBarely ten years after Essity was spun off from the forestry group SCA, Essity is now on the verge of spinning off its tissue paper business in October, Bloomberg reports.
BusinessThe financier Christer Gardell does not want new tariffs, abhors bitcoin and sees Tesla as an overvalued bubble. But he is not particularly worried about Donald Trump as president, and thinks that even Sweden needs an "Elon Musk" to cut costs in the government apparatus.
BusinessThe share in the British medical technology company Smith & Nephew rises sharply as the activist fund Cevian Capital, with financier Christer Gardell, invests nearly six billion kronor in a large stake. "Cevian sees great potential", writes Gardell in a comment.
BusinessThe Moderate Party and the Social Democrats must start driving more for the euro and take a clearer stance on the issue, according to financier Christer Gardell. "They will need to do so as the euro is going to be a key issue in the next election", he writes in an email to TT.
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