SCA on Yahoo Finance: A Look at Essity’s Past
While you might search for “SCA” on Yahoo Finance hoping to find a specific stock, the reality is that the listed entity no longer exists as a standalone public company under that ticker. What you’re likely encountering is historical data for Svenska Cellulosa Aktiebolaget, formerly known as SCA. This company underwent a significant restructuring in 2017, resulting in the spin-off of its hygiene and health business into a separate entity named Essity.
Therefore, searching “SCA” on Yahoo Finance provides access to historical price charts, financial reports, and news articles related to the pre-split Svenska Cellulosa Aktiebolaget. This data is valuable for understanding the company’s performance before the demerger. You can trace its stock fluctuations, revenue trends, and profit margins leading up to the formation of Essity.
Before the split, SCA was a major player in both the forest products and hygiene sectors. The “SCA” information you find on Yahoo Finance reflects this diversified business model. It includes data related to the company’s paper, pulp, and packaging operations, alongside figures from its hygiene products, such as tissues, diapers, and feminine care items. This makes interpreting the data a bit nuanced, as it represents a composite of these different business segments.
After the split, the forest products business retained the name Svenska Cellulosa Aktiebolaget (SCA). However, it trades under a different ticker symbol. The hygiene and health business was spun off as Essity AB and began trading separately. To find information regarding the current SCA, you would need to search for its current ticker symbol, typically found on the Nasdaq Stockholm exchange.
For investors interested in the hygiene and health segment, Essity is the relevant entity. Again, the historical data available under the “SCA” ticker on Yahoo Finance shows the performance of this sector while it was still part of the larger SCA corporation. To follow Essity’s performance *post*-spin-off, you’d need to search for Essity’s specific ticker symbol on Yahoo Finance or another financial platform.
In summary, when examining “SCA” on Yahoo Finance, remember that you’re reviewing historical data for the pre-split company. This information is useful for understanding the company’s evolution and the value of both the forest products and hygiene businesses before the restructuring. However, for current financial information, investors should search for the distinct tickers for both the present-day Svenska Cellulosa Aktiebolaget (focused on forest products) and Essity AB (focused on hygiene and health products).