Jan 27 (Reuters) - Asaleo Care Ltd AHY.AX :
* TRADING UPDATE, OUTLOOK AND RESPONSE TO PROPOSAL-AHY.AX
* FY20 REVENUES $419.2M, UP 2.3%
* TARGETING 5-7% REVENUE GROWTH FOR FY21
* ESSITY PROPOSAL "FUNDAMENTALLY UNDERVALUES ASALEO CARE AND IS MATERIALLY INADEQUATE"
* TARGETING MID-SINGLE DIGIT REVENUE GROWTH FOR FY22
* FY UNDERLYING EBITDA $87.2 MILLION
* TARGETING EBITDA $90-93MLN FOR FY21
* FY REVENUE ROSE 2.3 PCT TO A$ 419.2 MLN
* FY22 TARGETING MID-SINGLE DIGIT REVENUE GROWTH AND EBITDA GROWTH OF 10%+