Jun 28, 2024
4:00 PM CET
Swedish Match’s annual report for 2023 has been published.
Apr 28, 2023
1:35 PM CET
Swedish Match’s annual report for 2022 has been published.
Dec 19, 2022
2:46 PM CET
The notice contains a corrected typing error regarding the last day for notification of participation to the Extraordinary General Meeting.
Oct 28, 2022
6:15 AM CET
Highlights for the third quarter
- Continued momentum for the US smokefree business and the strong USD drove sharp increases in Group sales and earnings. Other businesses of the Group faced tough comparisons and some challenging market conditions.
- Group sales increased by 21 percent to 5,782 MSEK (4,778). In local currencies, Group sales increased by 5 percent for the third quarter.
- Group operating profit increased to 2,400 MSEK (2,075).
- Operating profit from product segments increased by 15 percent to 2,412 MSEK (2,099). In local currencies, operating profit from product segments1) declined by 1 percent for the third quarter.
- In local currencies, operating profit grew by 12 percent for the Smokefree product segment. For the Cigars product segment, operating profit declined, impacted by lower volumes. The Lights product segment faced particularly tough conditions and reported a steep decline in operating profit.
- Profit after tax increased to 1,778 MSEK (1,540).
- Earnings per share increased by 18 percent to 1.17 SEK (0.99).
1) Excludes Other operations and larger one-time items.
Oct 27, 2022
6:40 PM CET
The Board of Directors of Swedish Match AB recommends that the shareholders of Swedish Match accept the increased offer.
Jul 22, 2022
6:15 AM CET
- Group sales and operating profit increased strongly on the back of continued solid momentum for the US smokefree business and currency tailwind.
- Group sales increased by 23 percent to 5,561 MSEK (4,505). In local currencies, Group sales increased by 11 percent for the second quarter.
- Group operating profit increased to 2,227 MSEK (1,956).
- Operating profit from product segments increased by 14 percent to 2,271 MSEK (1,988). In local currencies, operating profit from product segments1) increased by 1 percent for the second quarter.
- In local currencies, operating profit grew by 14 percent for the Smokefree product segment despite higher market investments across geographies to support future growth. For the Cigars product segment, operating profit declined, impacted by lower volumes. For Lights, underlying operating profit increased, but items of temporary nature drove a decline in reported operating profit.
- Profit after tax increased to 1,624 MSEK (1,441).
- Earnings per share increased by 17 percent to 1.07 SEK (0.92).
- The full year outlook for 2022, found on page 14, has been updated based on developments during the first six months.
1) Excludes Other operations and larger one-time items.
May 31, 2022
8:00 AM CET
In accordance with the resolution at the Annual General Meeting on April 27, 2022, Swedish Match AB (publ) has cancelled 55,000,000 repurchased treasury shares.
May 11, 2022
6:15 AM CET
Highlights for the first quarter
- Sales and operating profit from product segments increased on the back of continued strong momentum for the US smokefree business.
- Group sales increased by 10 percent to 4,892 MSEK (4,455). In local currencies, sales increased by 2 percent for the first quarter.
- Operating profit from product segments increased by 1 percent to 2,115 MSEK (2,092). In local currencies, operating profit from product segments1) decreased by 7 percent for the first quarter.
- Within the Smokefree segment, ZYN nicotine pouches in the US continued to gain market shares on a sequential basis and demonstrated solid sales and profit growth. In Scandinavia, sales grew strongly on an underlying basis, while operating profit declined reflecting higher market investments and an unusually high result in the prior year period.
- For the Cigars product segment, sales and operating profit declined on lower volumes and higher production costs when comparing to the exceptionally strong first quarter of the prior year. Swedish Match increased its cigar market share2) sequentially relative to the fourth quarter of 2021.
- For the Lights product segment, impressive performance for matches drove robust top-line development. Solid operating profit despite steep price increases on input materials.
- Group operating profit amounted to 2,024 MSEK (2,354). The prior year period included a settlement income of 300 MSEK.
- Profit after tax amounted to 1,493 MSEK (1,780).
- Adjusted earnings per share3) increased to 0.98 SEK (0.97). Earnings per share for the quarter decreased by 13 percent to 0.98 SEK (1.12) with the after-tax effect of the settlement income in the prior year period amounting to 0.15 SEK per share.
1) Excludes Other operations and larger one-time items.
2) Based on MSA distributor shipments: Mass market cigars (excluding little cigars) in volume terms.
3) Excludes larger one-time items net of tax.
May 11, 2022
5:45 AM CET
The Board of Directors of Swedish Match AB recommends that the shareholders of Swedish Match accept the offer
Apr 27, 2022
12:00 PM CET
Major items approved by today’s Annual General Meeting include:
- A dividend of 1.86 SEK per share to be paid in two equal instalments of 0.93 SEK per share
- Mandate to repurchase up to 10 percent of all shares in the Company
- Withdrawal of 55,000,000 repurchased company shares with a simultaneous bonus issue without issuing any new shares
- Mandate to resolve on the transfer of shares in the Company and to issue new shares
- Election of a new Board Director, Sanna Suvanto-Harsaae, and of Deloitte AB as auditor
Mar 25, 2022
10:00 AM CET
Swedish Match’s annual report for 2021 has been published and is available at the Group’s website.
Mar 21, 2022
9:00 AM CET
The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting (AGM) to be held on Wednesday, April 27, 2022. In light of the COVID-19 pandemic, the AGM will be conducted pursuant to so called mail-in procedures, meaning that no shareholders will attend the AGM in person or through proxy. Instead, shareholders can participate in the AGM by voting and submitting questions in advance pursuant to the instructions described below.
Mar 7, 2022
12:00 PM CET
At the upcoming Annual General Meeting (AGM) on April 27, 2022, the Nominating Committee will propose the election of Sanna Suvanto-Harsaae as a new member of the Swedish Match Board of Directors.
Feb 16, 2022
7:15 AM CET
Highlights for the full year and the fourth quarter
- Record full year sales and operating profit with double-digit growth in both revenues and earnings in local currencies across all product segments.
- Impressive performance for the Smokefree product segment with strong growth in both the US and Scandinavia. Growing demand for natural leaf cigars drove the robust full year local currency financial performance for the Cigars product segment. Strong underlying performance for the Lights product segment.
- Strong financial performance in the fourth quarter driven by Smokefree with continued strength in both the US and in Scandinavia. Sales and earnings decline for Cigars, impacted by production constraints. Increased sales and earnings for Lights.
- In local currencies, sales increased by 16 percent for the full year and by 12 percent for the fourth quarter. Reported sales increased by 11 percent to 18,489 MSEK (16,698) for the full year and by 15 percent to 4,751 MSEK (4,136) for the fourth quarter.
- In local currencies, operating profit from product segments1) increased by 19 percent for the full year and by 11 percent for the fourth quarter. Reported operating profit from product segments increased by 14 percent to 8,136 MSEK (7,160) for the full year and by 15 percent to 1,957 MSEK (1,695) for the fourth quarter.
- Operating profit amounted to 8,286 MSEK (6,991) for the full year and to 1,901 MSEK (1,650) for the fourth quarter.
- Profit after tax amounted to 6,218 MSEK (4,888) for the full year and to 1,457 MSEK (1,244) for the fourth quarter. Profit after tax of the prior year included a charge of 286 MSEK following an adverse ruling in a tax case.
- Earnings per share increased by 31 percent to 3.97 SEK (3.04) for the full year and by 21 percent to 0.94 SEK (0.78) for the fourth quarter. Adjusted earnings per share increased by 19 percent to 3.82 SEK (3.22) for the full year and by 21 percent to 0.94 SEK (0.78) for the fourth quarter.2)
- On September 14, Swedish Match announced its intention to spin off its US cigar business to shareholders, subject to various conditions. The separation is expected to be completed during the second half of 2022, at the earliest.
- The Board proposes to increase the dividend to 1.86 SEK per share, to be paid in two installments; 0.93 SEK per share in May 2022 and 0.93 SEK per share in November 2022.
- The outlook for 2022 can be found on page 13.
1) Excludes Other operations and larger one-time items.
2) A share split (10:1) was made in May 2021. Historical share data in this report has been restated in accordance with IAS 33.
Oct 27, 2021
6:15 AM CET
Highlights for the third quarter
- Record sales with year-on-year revenue growth across product segments, despite comparing to a prior year quarter with elevated demand for certain product lines.
- In local currencies, sales increased by 10 percent for the third quarter. Reported sales increased by 9 percent to 4,778 MSEK (4,400).
- Record operating profit from product segments, in spite of continued ramp-up in spending behind growth opportunities for smokefree products.
- In local currencies, operating profit from product segments1) increased by 2 percent for the third quarter. Reported operating profit from product segments increased by 1 percent to 2,099 MSEK (2,075).
- For the Smokefree product segment, continued momentum for ZYN nicotine pouches in the US and solid performance in Scandinavia drove increased sales and operating profit.
- For the Cigars product segment, increased sales of natural leaf varieties outpaced declines for HTL cigars while operating profit in local currency was virtually flat principally reflecting higher production costs.
- For the Lights product segment, robust performance for lighters drove enhanced earnings.
- Operating profit amounted to 2,075 MSEK (2,048) for the third quarter.
- Profit after tax for the third quarter amounted to 1,540 MSEK (1,222). Profit after tax for the third quarter of the prior year included a charge of 286 MSEK following an adverse ruling in a tax case.
- Earnings per share increased by 30 percent to 0.99 SEK (0.76) for the third quarter. Adjusted earnings per share increased by 5 percent to 0.99 SEK (0.94).2)
- On September 14, Swedish Match announced its intention to spin off its US cigar business to shareholders. Subject to various conditions, the separation is expected to be completed during the second half of 2022, at the earliest. For more details, see the September 14 press release.
1) Excludes Other operations and larger one-time items.
2) In May 2021, a share split (10:1) was made. Historical share data in this report has been restated in accordance with IAS 33.
Sep 14, 2021
4:00 PM CET
Swedish Match today announced that it intends to separate its cigar business via a spin-off to shareholders and to completely exit the manufacturing of combustible tobacco products. Swedish Match has initiated preparations for a separation and a subsequent listing on a major US securities exchange, with a final decision on execution subject to various considerations. The separation is expected to be completed during the second half of 2022, at the earliest.
Jul 20, 2021
6:15 AM CET
Highlights for the second quarter
- Double-digit sales and operating profit growth across all product segments in local currencies.
- In local currencies, sales increased by 19 percent for the second quarter. Reported sales increased by 9 percent to 4,505 MSEK (4,133).
- In local currencies, operating profit from product segments1) increased by 27 percent for the second quarter. Reported operating profit from product segments increased by 15 percent to 1,988 MSEK (1,731).
- For the Smokefree product segment, continued momentum for ZYN in the US drove the financial performance. Sales and operating profit also grew in Scandinavia.
- For the Cigars product segment, sales and operating profit were up significantly in local currency compared to a relatively soft prior year period as a result of improved pricing and increased natural leaf shipments.
- Operating profit for the Lights product segment up sharply as a result of good underlying performance coupled with income from land sales and indirect tax reclaims following favorable court verdicts.
- Operating profit amounted to 1,956 MSEK (1,693) for the second quarter.
- Profit after tax amounted to 1,441 MSEK (1,254) for the second quarter.
- Earnings per share increased by 18 percent to 0.92 SEK (0.78) for the second quarter.1)2)
1) Excludes Other operations and larger one-time items.
2) In May 2021, a share split (10:1) was made. Historical share data in this report has been restated in accordance with IAS 33.
May 31, 2021
8:00 AM CET
In May, the number of shares and votes in Swedish Match AB (publ) increased as a result of the share split (ratio 10:1) that was resolved by Swedish Match AB’s Annual General Meeting on April 13, 2021, through which each existing share was divided into ten shares.
Apr 30, 2021
8:00 AM CET
In accordance with the resolution at the Annual General Meeting on April 13, 2021, Swedish Match AB (publ) has cancelled 4,200,000 repurchased treasury shares. As previously communicated, the Annual General Meeting also resolved in favor of a split of the Company’s shares whereby each existing share of the Company is divided into ten shares (ratio 10:1).
Apr 30, 2021
6:15 AM CET
Impressive Q1 performance across all product segments
- Double-digit sales and operating profit growth across all product segments in local currencies.
- For the Smokefree product segment, continued momentum for ZYN drove strong US performance and in Scandinavia good underlying development was further enhanced by timing effects on shipments and COVID-19 related channel mix effects.
- For Cigars, record volumes, sales and operating profit on the back of strong category growth and improved price mix.
- No major operational COVID-19 related disruptions and COVID-19 related effects in aggregate are estimated to have elevated the reported financial performance.
- In local currencies, sales increased by 23 percent for the first quarter. Reported sales increased by 11 percent to 4,455 MSEK (4,029).
- In local currencies, operating profit from product segments1) increased by 40 percent for the first quarter. Reported operating profit from product segments increased by 26 percent to 2,092 MSEK (1,659).
- Operating profit, which includes a settlement income of 300 MSEK related to a previously ongoing arbitration concerning nicotine pouches, amounted to 2,354 MSEK (1,601) for the first quarter.
- Profit after tax amounted to 1,780 MSEK (1,168) for the first quarter.
- Earnings per share increased by 57 percent to 11.25 SEK (7.18) for the first quarter. Adjusted earnings per share2) increased by 36 percent to 9.74 SEK (7.18) for the first quarter.
1) Excludes Other operations and larger one-time items.
2) Excludes larger one-time items net of tax.
Apr 13, 2021
12:30 PM CET
Major items approved by today’s Annual General Meeting include:
- A dividend of 15.00 SEK per share
- Mandate to repurchase up to 10 percent of all shares in the Company
- Withdrawal of 4,200,000 repurchased company shares with a simultaneous bonus issue without issuing any new shares
- Mandate to resolve on the transfer of shares in the Company and to issue new shares
- Election of Deloitte AB as auditor
- Amendment of the Articles of Association
- A share split 10:1
Mar 16, 2021
2:00 PM CET
Swedish Match’s annual report for 2020 has been published and is available at the Group’s website.
Mar 5, 2021
10:00 AM CET
The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting (AGM) to be held on Tuesday, April 13, 2021. In light of the continued COVID-19 pandemic, the AGM will be conducted pursuant to so called mail-in procedures, meaning that no shareholders will attend the AGM in person or through proxy. Instead, shareholders can participate in the AGM by voting and submitting questions in advance pursuant to the instructions described below.
Feb 10, 2021
7:15 AM CET
Strong finish to the year with top-line growth across all product segments
- Record sales and operating profit for the year driven by strong traction for ZYN nicotine pouches in the US. Double-digit operating profit growth in local currencies for the Smokefree and Cigar product segments in both the full year and the fourth quarter.
- COVID-19 related effects are estimated to have elevated sales and operating profit for the full year as well as in the fourth quarter.
- In local currencies, sales increased by 15 percent for the fourth quarter and by 17 percent for the full year. Reported sales increased by 5 percent to 4,136 MSEK (3,933) for the fourth quarter and by 13 percent to 16,698 MSEK (14,739) for the full year despite significant strengthening of the Swedish krona during the year versus the US dollar, the Norwegian krona and the Brazilian real.
- In local currencies, operating profit from product segments1) increased by 23 percent for the fourth quarter and by 28 percent for the full year. Reported operating profit from product segments increased by 12 percent to 1,695 MSEK (1,520) for the fourth quarter and by 23 percent to 7,160 MSEK (5,812) for the full year.
- Operating profit amounted to 1,650 MSEK (1,098) for the fourth quarter and to 6,991 MSEK (5,307) for the full year. The fourth quarter of 2019 included a non-cash impairment charge of 367 MSEK related to the European chewing tobacco business.
- Profit after tax amounted to 1,244 MSEK (756) for the fourth quarter and to 4,888 MSEK (3,896) for the full year. The full year 2020 includes a charge of 286 MSEK following an adverse ruling in a tax case.
- Adjusted earnings per share increased by 15 percent to 7.82 SEK (6.81) for the fourth quarter and by 27 percent to 32.16 SEK (25.41) for the full year. Earnings per share amounted to 7.82 SEK (4.62) for the fourth quarter and to 30.38 SEK (23.22) for the full year.
- The Board proposes an increased dividend of 15.00 SEK per share. The Board also proposes a 10:1 split of the Swedish Match share.
- The outlook for 2021 can be found on page 14.
1) Excludes Other operations and larger one-time items.
Oct 27, 2020
7:15 AM CET
Record sales and operating profit from product segments in Q3
- Sales and operating profit increased for the Smokefree product segment in both the US and Scandinavia, as well as for cigars. Sales and operating profit elevated by COVID-19 related effects on consumer demand and channel shifts.
- In local currencies, sales increased by 23 percent for the third quarter. Reported sales increased by 15 percent to 4,400 MSEK (3,829).
- In local currencies, operating profit from product segments1) increased by 37 percent for the third quarter. Reported operating profit from product segments increased by 28 percent to 2,046 MSEK (1,603).
- Operating profit amounted to 2,019 MSEK (1,586) for the third quarter.
- Profit after tax, which includes a charge of 286 MSEK following adverse ruling in a tax case, amounted to 1,193 MSEK (1,180) for the third quarter.
- Adjusted earnings per share increased by 31 percent to 9.21 SEK (7.04) for the third quarter. Earnings per share increased by 6 percent to 7.44 SEK (7.04).
- Revised outlook provided on page 12 to reflect higher expected underlying corporate tax rate for the year 2020 as a consequence of a stronger than previously anticipated result development for the business in the US.
1) Excludes Other operations and larger one-time items.
Jul 17, 2020
6:15 AM CET
Q2 sales and profit growth driven by ZYN in the US
- In local currencies, sales increased by 11 percent for the second quarter. Reported sales increased by 11 percent to 4,133 MSEK (3,719).
- In local currencies, operating profit from product segments1) increased by 19 percent for the second quarter. Reported operating profit from product segments increased by 17 percent to 1,704 MSEK (1,456).
- Operating profit amounted to 1,666 MSEK (1,434) for the second quarter.
- Profit after tax amounted to 1,227 MSEK (1,080) for the second quarter.
- Earnings per share increased by 19 percent to 7.60 SEK (6.39) for the second quarter.
- The second quarter financial performance was negatively affected by COVID-19 impacts.
- ZYN continued to deliver strong volume growth contributing to higher sales and operating profit.
1) Excludes Other operations and larger one-time items.
Apr 30, 2020
8:00 AM CET
In accordance with the resolution at the Annual General Meeting on April 2, 2020, Swedish Match AB (publ) has cancelled 7,750,000 repurchased treasury shares.
Apr 27, 2020
6:15 AM CET
Record quarter from product segments, driven by US businesses
- In local currencies, sales from product segments increased by 21 percent for the first quarter. Reported sales increased by 24 percent to 4,029 MSEK (3,258).
- In local currencies, operating profit from product segments1) increased by 30 percent for the first quarter. Reported operating profit from product segments increased by 34 percent to 1,652 MSEK (1,233).
- Operating profit amounted to 1,594 MSEK (1,190) for the first quarter.
- Profit after tax amounted to 1,161 MSEK (880) for the first quarter.
- Earnings per share increased by 38 percent to 7.14 SEK (5.17) for the first quarter.
- Net effect on revenue and results from COVID-19 impacts were positive in the first quarter but are expected to become negative in the second quarter. Guidance for Q2 2020 is provided on page 12 in this report.
- ZYN is now available in approximately 80,000 stores in the US, and average sales per store continued to increase sequentially.
1) Excludes Other operations and larger one-time items.
Apr 2, 2020
3:45 PM CET
Major items approved by today’s Annual General Meeting include:
- A dividend of 12.50 SEK per share
- Mandate to repurchase up to 10 percent of all shares in the Company
- Withdrawal of 7,750,000 repurchased company shares with a simultaneous bonus issue without issuing any new shares
- Mandate to resolve on the transfer of shares in the Company and to issue new shares
- Election of Deloitte AB as auditor
Mar 20, 2020
5:46 PM CET
Swedish Match AB announces today that the cigar operations of its subsidiary Swedish Match Dominicana will be temporarily suspended.
Mar 6, 2020
1:00 PM CET
Swedish Match’s annual report for 2019 has been published and is available at the Group’s website.
Feb 25, 2020
9:00 AM CET
The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting to be held on Thursday, April 2, 2020, at 15.30 CET at the cinema Skandia, Drottninggatan 82, Stockholm, Sweden.
Feb 21, 2020
10:30 AM CET
At the upcoming Annual General Meeting on April 2, 2020, the Nominating Committee of Swedish Match AB will propose the election of Alexander Lacik as a new member of the Swedish Match Board of Directors.
Feb 12, 2020
7:15 AM CET
Record year for sales and operating profit from product segments
- In local currencies, sales increased by 15 percent for the fourth quarter and by 8 percent for the full year. Reported sales increased by 19 percent to 3,933 MSEK (3,301) for the fourth quarter and by 14 percent to 14,739 MSEK (12,966) for the full year.
- In local currencies, operating profit from product segments1) increased by 18 percent for the fourth quarter and by 13 percent for the full year. Reported operating profit from product segments increased by 22 percent to 1,525 MSEK (1,246) for the fourth quarter and by 18 percent to 5,828 MSEK (4,936) for the full year.
- Operating profit, which includes a non-cash impairment charge of 367 MSEK related to the European chewing tobacco business (see Note 5), amounted to 1,098 MSEK (1,196) for the fourth quarter and to 5,307 MSEK (4,812) for the full year.
- Profit after tax amounted to 756 MSEK (925) for the fourth quarter and to 3,896 MSEK (3,578) for the full year.
- Earnings per share amounted to 4.62 SEK (5.41) for the fourth quarter and to 23.22 SEK (20.63) for the full year. Adjusted earnings per share increased by 26 percent to 6.81 SEK (5.41) for the fourth quarter and by 23 percent to 25.41 SEK (20.63) for the full year.
- ZYN available in approximately 67,000 stores in the US, and average sales per store continued to increase sequentially.
- The Board proposes an increased dividend of 12.50 SEK per share.
- The outlook for 2020 can be found on page 13.
1) Excludes Other operations and larger one-time items.
Oct 25, 2019
6:15 AM CET
Q3 growth in sales and earnings driven by ZYN
- In local currencies, sales increased by 8 percent for the third quarter. Reported sales increased by 13 percent to 3,829 MSEK (3,388).
- In local currencies, operating profit from product segments1) increased by 17 percent for the third quarter. Reported operating profit from product segments increased by 22 percent to 1,607 MSEK (1,317).
- Operating profit amounted to 1,586 MSEK (1,305) for the third quarter.
- Profit after tax amounted to 1,180 MSEK (959) for the third quarter.
- Earnings per share increased by 27 percent to 7.04 SEK (5.55) for the third quarter.
- ZYN in more than 60,000 stores in the US, and average sales per store continued to increase.
- Lights operating profit benefited from land and forestry asset sales.
- On October 22, 2019, the US FDA authorized modified risk tobacco status for eight General snus varieties.
USA
Oct 22, 2019
4:00 PM CET
FDA Authorizes Company to State that Use of General Snus Instead of Cigarettes Puts Users at a Lower Risk of Mouth Cancer, Heart Disease, Lung Cancer, Stroke, Emphysema and Chronic Bronchitis.
Jul 18, 2019
6:15 AM CET
Q2 sales and profit up, ZYN expansion well underway
- In local currencies, sales increased by 6 percent for the second quarter. Reported sales increased by 12 percent to 3,719 MSEK (3,336).
- In local currencies, operating profit from product segments1) increased by 7 percent for the second quarter. Reported operating profit from product segments increased by 13 percent to 1,458 MSEK (1,293).
- Operating profit amounted to 1,434 MSEK (1,263) for the second quarter.
- Profit after tax amounted to 1,080 MSEK (928) for the second quarter.
- Earnings per share increased by 20 percent to 6.39 SEK (5.31) for the second quarter.
- The outlook statement on page 11 has been modified with regard to expected growth of the US cigar market.
- ZYN in more than 50,000 stores in the US.
May 31, 2019
8:00 AM CET
In accordance with the resolution at the Annual General Meeting on April 9, 2019, Swedish Match AB (publ) has cancelled 6,000,000 repurchased treasury shares.
May 9, 2019
6:15 AM CET
Solid financial result. Startup of ZYN production in the US
- In local currencies, sales increased by 3 percent for the first quarter. Reported sales increased by 11 percent to 3,258 MSEK (2,941).
- In local currencies, operating profit from product segments1) increased by 7 percent for the first quarter. Reported operating profit from product segments increased by 15 percent to 1,238 MSEK (1,079).
- Operating profit amounted to 1,190 MSEK (1,047) for the first quarter.
- Profit after tax amounted to 880 MSEK (766) for the first quarter.
- Earnings per share increased by 19 percent to 5.17 SEK (4.36) for the first quarter.
Apr 9, 2019
3:57 PM CET
Major items approved by today’s Annual General Meeting include:
- A dividend of 10.50 SEK per share
- Mandate to repurchase up to 10 percent of all shares in the Company
- Withdrawal of 6,000,000 repurchased company shares with a simultaneous bonus issue without issuing any new shares
- Mandate to resolve on the transfer of shares in the Company and to issue new shares
- Election of Deloitte AB as auditor
Mar 18, 2019
10:00 AM CET
Swedish Match’s annual report for 2018 has been published and is available at the Group’s website.
Mar 1, 2019
9:00 AM CET
The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting to be held on Tuesday, April 9, 2019, at 15.30 CET at the cinema Skandia, Drottninggatan 82, Stockholm, Sweden.
Feb 13, 2019
7:15 AM CET
Q4: Strong sales and volumes for smokeless products
- In local currencies, sales increased by 7 percent for the fourth quarter and by 9 percent for the full year. Reported sales increased by 12 percent to 3,301 MSEK (2,951) for the fourth quarter and by 10 percent to 12,966 MSEK (11,751) for the full year.
- In local currencies, operating profit from product segments1) increased by 8 percent for the fourth quarter and by 12 percent for the full year. Reported operating profit from product segments increased by 14 percent to 1,246 MSEK (1,096) for the fourth quarter and by 14 percent to 4,936 MSEK (4,345) for the full year.
- Operating profit amounted to 1,196 MSEK (1,178) for the fourth quarter and to 4,812 MSEK (4,592) for the full year.2)
- Profit after tax amounted to 925 MSEK (904) for the fourth quarter and to 3,578 MSEK (3,400) for the full year.
- Earnings per share increased by 6 percent to 5.41 SEK (5.10) for the fourth quarter and by 9 percent to 20.63 SEK (18.88) for the full year. Adjusted earnings per share3) increased by 28 percent to 5.41 SEK (4.24) for the fourth quarter and by 26 percent to 20.63 SEK (16.40) for the full year.
- During 2018, Swedish Match distributed 5,423 MSEK to its shareholders in the form of an ordinary dividend, a special dividend and share repurchases.
- The Board proposes an increased dividend of 10.50 SEK per share.
- The outlook for 2019 can be found on page 12.
Nov 22, 2018
12:57 PM CET
Today, the European Court of Justice (ECJ) published its judgment concerning the prohibition to sell Swedish snus to other European Union Member States. The court rules that Swedish snus will continue to be excluded from the EU’s internal market.
Oct 26, 2018
6:15 AM CET
Highlights from the third quarter
- In local currencies, sales increased by 10 percent for the third quarter. Reported sales increased by 16 percent to 3,388 MSEK (2,915).
- In local currencies, operating profit from product segments1) increased by 13 percent for the third quarter. Reported operating profit from product segments increased by 19 percent to 1,317 MSEK (1,104).
- Operating profit amounted to 1,305 MSEK (1,088) for the third quarter.
- Profit after tax amounted to 959 MSEK (753) for the third quarter.
- Earnings per share increased by 32 percent to 5.55 SEK (4.22) for the third quarter.
Jul 26, 2018
8:00 AM CET
Swedish Match has today signed an agreement to acquire a majority share in Gotlands Snus AB, a privately held Swedish company, located in Romakloster, Sweden, on the island of Gotland.
Jul 19, 2018
6:15 AM CET
Highlights from the second quarter
- In local currencies, sales increased by 10 percent for the second quarter. Reported sales increased by 9 percent to 3,336 MSEK (3,053).
- In local currencies, operating profit from product segments1) increased by 16 percent for the second quarter. Reported operating profit from product segments increased by 15 percent to 1,293 MSEK (1,123).
- Operating profit amounted to 1,263 MSEK (1,091) for the second quarter.
- Profit after tax amounted to 928 MSEK (812) for the second quarter.
- Earnings per share amounted to 5.31 SEK (4.48) for the second quarter. Adjusted earnings per share2) increased by 27 percent to 5.31 SEK (4.17).
- The outlook statement on page 10 has been modified with regard to snus and nicotine pouches outside Scandinavia.
May 31, 2018
8:00 AM CET
In accordance with the resolution at the Annual General Meeting on April 11, 2018, Swedish Match AB (publ) has cancelled 5,850,000 repurchased treasury shares.
May 4, 2018
6:15 AM CET
Highlights from the first quarter
- In local currencies, sales increased by 10 percent for the first quarter. Reported sales increased by 4 percent to 2,941 MSEK (2,833).
- In local currencies, operating profit from product segments1) increased by 11 percent for the first quarter. Reported operating profit from product segments increased by 6 percent to 1,079 MSEK (1,021).
- Operating profit2) amounted to 1,047 MSEK (1,235) for the first quarter. The first quarter 2017 included larger one-time items of 238 MSEK relating to capital gains from the sale of STG shares and from the sale of a parcel of land.
- Profit after tax amounted to 766 MSEK (932) for the first quarter.
- Earnings per share amounted to 4.36 SEK (5.07) for the first quarter. Adjusted earnings per share3) increased by 15 percent to 4.36 SEK (3.78).
- As of January 1, 2018, Swedish Match implemented the new revenue recognition standard, IFRS 15. This implementation has a significant effect on the recognition of net sales, but an immaterial impact on profit. Consequently, the Group’s reportable segments have changed. Financial statements of 2017 have been restated to reflect the recognition of revenue according to the new standard. Further information is given in Note 1, Accounting principles.
Apr 11, 2018
3:35 PM CET
Major items approved by today’s Annual General Meeting include:
- An ordinary dividend of 9.20 SEK per share and a special dividend of 7.40 SEK per share, in total 16.60 SEK per share
- Mandate to repurchase up to 10 percent of all shares in the Company
- Withdrawal of 5,850,000 repurchased company shares with a simultaneous bonus issue without issuing any new shares
- Mandate to resolve on transfer of shares in the Company and to issue new shares
Mar 23, 2018
2:00 PM CET
Swedish Match acquires House of Oliver Twist A/S, a privately held Danish smokeless tobacco company, headquartered in Odense, Denmark.
Mar 19, 2018
2:30 PM CET
Swedish Match’s annual report for 2017 has been published and is available at the Group’s website.
Mar 5, 2018
1:00 PM CET
The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting to be held on Wednesday, April 11, 2018, at 15.30 CET at the cinema Skandia, Drottninggatan 82, Stockholm, Sweden.
Feb 14, 2018
7:15 AM CET
Highlights from the fourth quarter and full year
- In local currencies, sales increased by 6 percent for the fourth quarter and by 3 percent for the full year. Reported sales increased by 2 percent to 4,044 MSEK (3,957) for the fourth quarter and by 4 percent to 16,101 MSEK (15,551) for the full year.
- In local currencies, operating profit from product areas1) increased by 15 percent for the fourth quarter and by 5 percent for the full year. Reported operating profit from product areas increased by 9 percent to 1,044 MSEK (954) for the fourth quarter and by 6 percent to 4,218 MSEK (3,990) for the full year.
- Operating profit amounted to 1,179 MSEK (954) for the fourth quarter and to 4,591 MSEK (6,420) for the full year2).
- Profit after tax amounted to 904 MSEK (662) for the fourth quarter and to 3,400 MSEK (5,123) for the full year.
- Earnings per share amounted to 5.10 SEK (3.61) for the fourth quarter and to 18.88 SEK (27.38) for the full year. Earnings per share excluding both larger one-time items, dividends from STG in 2017 and share of net profit in STG in 2016 increased by 17 percent to 4.24 SEK (3.61) for the fourth quarter and by 14 percent to 16.39 SEK (14.39) for the full year.
- In November, Swedish Match completed the divestment of its remaining shareholding in STG.
- During 2017, Swedish Match distributed 5,498 MSEK to its shareholders in the form of an ordinary dividend, a special dividend and share repurchases.
- The Board proposes a dividend of 16.60 SEK per share consisting of an increased ordinary dividend of 9.20 SEK (8.50) and a special dividend of 7.40 SEK, following the final sale of shares in STG.
- As of January 1, 2018, Swedish Match will apply the new revenue recognition standard, IFRS 15. While not impacting profit, this implementation will have a significant effect on the recognition of net sales. Further information is given in Note 1, Accounting principles.
- The outlook for 2018 can be found on page 13.
Dec 11, 2017
7:51 AM CET
Swedish Match today announced that Marlene Forsell has decided to resign as Chief Financial Officer for family reasons and that she will leave her position on March 9, 2018. She will be replaced by Tom Hayes who is currently Vice President Business Control and CFO in Swedish Match’s US Division.
Oct 27, 2017
6:15 AM CET
Highlights from the third quarter
- Sales increased by 1 percent in local currencies. Reported sales declined by 1 percent to 4,069 MSEK (4,118) for the third quarter.
- Operating profit from product areas in local currencies increased by 2 percent. Reported operating profit from product areas1) amounted to 1,089 MSEK (1,089) for the third quarter.
- Operating profit amounted to 1,089 MSEK (2,694) for the third quarter. The previous year’s third quarter included larger one-time items of 1,550 MSEK relating to a capital gain from the partial divestment of STG and an unrealized gain from revaluing Swedish Match’s remaining shareholding in STG to market value.
- Profit after tax amounted to 753 MSEK (2,306 - positively affected by the larger one-time items mentioned above).
- Earnings per share excluding both larger one-time items and share of net profit in STG amounted to 4.22 SEK (3.76). Reported earnings per share amounted to 4.22 SEK (12.32) for the third quarter.
Sep 1, 2017
6:45 AM CET
Swedish Match has acquired V2 Tobacco, a privately held smokeless tobacco company, primarily active in Europe. V2 Tobacco is headquartered in Silkeborg, Denmark.
Sweden
Aug 14, 2017
7:00 AM CET
After collaborating for more than a year, Swedish Match and Alexander Gustafsson are now launching a series with three new snus products under the General and Göteborgs Rapé One brands.
Jul 21, 2017
6:15 AM CET
Highlights from the second quarter
- Sales increased by 8 percent to 4,214 MSEK (3,920) for the second quarter. In local currencies, sales increased by 4 percent.
- Operating profit from product areas1) increased by 8 percent to 1,091 MSEK (1,008) for the second quarter. In local currencies, operating profit from product areas increased by 4 percent.
- Operating profit amounted to 1,091 MSEK (1,061) for the second quarter.
- Profit for the period amounted to 812 MSEK (752) for the second quarter.
- Earnings per share amounted to 4.49 SEK (4.01) for the second quarter. Earnings per share excluding a dividend from STG in 2017 and share of net profit in STG in 2016 amounted to 4.18 SEK (3.72).
- The outlook has been updated based on the developments during the first six months.
Sweden
Jun 27, 2017
7:30 AM CET
Today, Swedish Match sold its millionth snus can from Swedish Match Stores, and it was sold by the store at Kungsgatan 3 in Stockholm, which is one of four snus stores owned and operated by Swedish Match.
Sweden, Norway
Jun 22, 2017
7:15 AM CET
Swedish Match is now opening Norway’s first snus store in the pedestrian area at Aker Brygge in downtown Oslo.
Jun 20, 2017
6:45 AM CET
Swedish Match AB (publ) has resolved to repurchase shares during the period June 20, 2017 to July 21, 2017 of an amount up to 250 MSEK.
May 31, 2017
8:00 AM CET
In accordance with the resolution at the Annual General Meeting on May 4, 2017, Swedish Match AB (publ) has cancelled 6,950,000 repurchased treasury shares.
May 8, 2017
6:15 AM CET
- Sales increased by 6 percent to 3,775 MSEK (3,557) for the first quarter. In local currencies, sales increased by 3 percent.
- Operating profit from product areas1) increased by 6 percent to 994 MSEK (939) for the first quarter. In local currencies, operating profit from product areas1) increased by 1 percent.
- Operating profit2) amounted to 1,232 MSEK (1,711) for the first quarter, and included larger one-time items of 238 MSEK relating to the capital gains from divestment of shares in Scandinavian Tobacco Group (STG) and sale of land. The prior year included larger one-time items of 704 MSEK relating to the capital gains from divestment of shares in STG and divestment of a distribution center property.
- Profit for the period amounted to 930 MSEK (1,404) for the first quarter.
- Earnings per share amounted to 5.06 SEK (7.44) for the first quarter. Earnings per share excluding larger one-time items and share of net profit in STG amounted to 3.76 SEK (3.35).
- In January, as previously announced, Swedish Match reduced its ownership in STG from 18.1 percent to 9.1 percent.
Sweden
Apr 24, 2017
7:00 AM CET
Effective April 24, Swedish Match is relaunching Göteborgs Rapé Strong, a stronger variety of the classic Göteborgs Rapé White.
Mar 29, 2017
8:00 AM CET
The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting to be held on Thursday, May 4, 2017, at 15.30 CET at the cinema Skandia, Drottninggatan 82, Stockholm, Sweden.
Sweden
Mar 1, 2017
8:30 AM CET
From March 1, people living in Sweden will be able to order Swedish Match’s entire snus range online. With the new e-commerce service, www.swedishmatch.se, you can order the entire snus range, make your own snus blend and have it delivered directly to your door. You can also order freshly made snus, meaning the factory’s latest production. Naturally, the website includes age control for purchasing to ensure that the products are only sold to people over 18.
Feb 24, 2017
9:45 AM CET
At the upcoming Annual General Meeting on May 4, 2017, the Nominating Committee of Swedish Match AB will propose the election of Pauline Lindwall as a new member of the Swedish Match Board of Directors.
Feb 17, 2017
7:15 AM CET
- Sales increased by 6 percent to 3,957 MSEK (3,719) for the fourth quarter and by 7 percent to 15,551 MSEK (14,486) for the full year. In local currencies, sales increased by 3 percent for the fourth quarter and by 7 percent for the full year.
- Operating profit from product areas1) increased by 5 percent to 954 MSEK (908) for the fourth quarter and by 8 percent to 3,990 MSEK (3,690) for the full year. In local currencies, operating profit from product areas1) was flat for the fourth quarter and increased by 8 percent for the full year.
- Operating profit2) amounted to 954 MSEK (908) for the fourth quarter and to 6,420 MSEK (4,008) for the full year. The operating profit2) for the full year includes larger one-time items of 2,109 MSEK relating to capital gains from the partial divestments of STG and an unrealized gain from revaluing Swedish Match’s remaining holding in STG to market value as well as 145 MSEK related to the sale of a distribution center (prior year included a restructuring provision of 42 MSEK).
- Earnings per share (basic) amounted to 3.61 SEK (3.34) for the fourth quarter and to 27.38 SEK (14.48) for the full year. Earnings per share for the fourth quarter and the full year, excluding STG and adjusted for larger one-time items, amounted 3.61 SEK (3.34) and to 14.39 SEK (12.79), respectively.
- During 2016, Swedish Match distributed the proceeds from the two divestments of shares in STG as two special dividends of 12.00 SEK and 9.50 SEK per share, in total 4,016 MSEK.
- Following the close of the period Swedish Match reduced its ownership in STG from 18.1 percent to 9.1 percent.
- The Board of Directors proposes a dividend of 16.00 SEK per share consisting of an increased ordinary dividend of 8.50 SEK (8.00) and a special dividend of 7.50 SEK, following Swedish Match’s divestment of shares in STG in January 2017.
Feb 8, 2017
12:21 PM CET
During 2012, Swedish Match initiated a standardized labelling system in its own snus coolers placed in stores at no cost to the retailers.
Sweden
Jan 30, 2017
12:30 PM CET
At the end of January, the latest addition to the Swedish Match range, Kaliber+, was launched widely in the Swedish retail trade. Kaliber+ is a further development of the Kaliber series, in which Swedish Match has prioritized a stronger product with a more fully packed portion and greater flavor. Two varieties of Kaliber+ will be launched, original and white, at a price of SEK 29 per can in Swedish Match Stores.
Dec 16, 2016
8:36 AM CET
At the Extraordinary Shareholders’ Meeting of Swedish Match AB (publ) on December 16, it was resolved, in accordance with the proposal of the Board of Directors, to pay a special dividend of 9.50 SEK per share.
Dec 14, 2016
5:38 PM CET
Swedish Match was informed earlier today by the FDA that General Snus will not, for the time being, be designated as a Modified Risk Tobacco Product - MRTP. The FDA did, however, outline the process forward and encouraged Swedish Match to continue its efforts to seek modified risk status for General Snus. Swedish Match interprets their position as wanting to further discuss on how to best communicate a modified risk message to the general public.
Sweden
Nov 30, 2016
8:00 AM CET
The launch of the 2017 edition of General Kardus has been postponed until the end of February. For the past two years, the annual edition of General Kardus has been released on December 1 and this was also the goal for the 2017 edition. The reason for the delay is that the original product did not meet all of Swedish Match’s quality requirements for the tobacco blend used in General Kardus.
Sweden
Nov 25, 2016
8:00 AM CET
Swedish Match is launching its first beer snus, Göteborgs Rapé Humle, which has been developed in partnership with Fjäderholmarna Brewery.
Sweden
Nov 21, 2016
8:07 AM CET
According to information published by the Swedish Water & Wastewater Association on November 17, an amount equivalent to 1,100 tons of snus is thrown in the toilet bowl every year. Swedish Match therefore wants to appeal to all users of snus, which total over a million Swedes, to always use the garbage can.
Nov 17, 2016
9:00 AM CET
The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Extraordinary Shareholders’ Meeting to be held on Friday, December 16, 2016, at 09.00 CET at Sveavägen 44, Stockholm, Sweden.
Oct 28, 2016
6:15 AM CET
- Sales increased by 10 percent to 4,118 MSEK (3,756) for the third quarter. In local currencies, sales increased by 9 percent.
- Operating profit from product areas1) increased by 11 percent to 1,089 MSEK (979) for the third quarter. In local currencies, operating profit from product areas1) also increased by 11 percent.
- Operating profit2) amounted to 2,694 MSEK (1,065) for the third quarter, including larger one-time items of 1,550 MSEK relating to a capital gain from the partial divestment of STG and an unrealized gain from revaluing Swedish Match’s remaining shareholding in STG to market value.
- Earnings per share amounted to 12.32 SEK (3.84) for the third quarter. Earnings per share, excluding STG and adjusted for larger one-time items amounted to 3.76 SEK (3.39).
- In September, Swedish Match reduced its ownership in STG from 31.1 percent to 18.1 percent. The Board of Directors propose to distribute the proceeds from this sale as a special dividend of 9.50 SEK per share subject to approval by an extraordinary shareholders’ meeting on December 16.
- In September, a public bond of 300 MEUR was issued with the primary purpose of refinancing a larger bond maturity falling due in November 2017.
Oct 27, 2016
4:30 PM CET
The Board of Directors of Swedish Match has resolved to propose a special dividend of 9.50 SEK per share at an extraordinary general meeting that will be held in Stockholm, Sweden, on December 16, 2016.
Sep 14, 2016
2:45 PM CET
Swedish Match has today completed an issuance of new notes in the Euro market. A total of EUR 300 million was issued with a 8 year tenor with a coupon of 0.875%. The notes have been hedged into SEK. The proceeds will be used for refinancing of existing indebtedness and for general corporate purposes.
Sep 13, 2016
11:31 AM CET
Swedish Match is contemplating the issuance of senior unsecured EUR denominated notes and a tender of part of Swedish Match’s outstanding EUR denominated notes due 24 November 2017. A capital markets transaction will follow, subject to market conditions.
Jul 22, 2016
6:15 AM CET
- Sales increased by 8 percent to 3,920 MSEK (3,644) for the second quarter. In local currencies, sales increased by 10 percent.
- Operating profit from product areas1) increased by 8 percent to 1,008 MSEK (937) for the second quarter. In local currencies, operating profit from product areas1) increased by 11 percent.
- Growth of sales and operating profit from product areas1) was positively affected by calendar effects in Scandinavia (timing of Easter and differences in number of delivery days).
- Operating profit2) amounted to 1,061 MSEK (1,021) for the second quarter.
- Earnings per share amounted to 4.01 SEK (3.62) for the second quarter. Adjusted earnings per share3) amounted to 4.01 SEK (3.79).
- The outlook has been updated based on the developments during the first six months, but remains broadly the same as the previous outlook for the full year.
May 31, 2016
8:00 AM CET
In accordance with the resolution at the Annual General Meeting on April 28, 2016, Swedish Match AB (publ) has cancelled 7,750,000 repurchased treasury shares.
May 18, 2016
2:31 PM CET
As of May 16 2016, Fredrik Peyron has been appointed new Senior Vice President Regulatory Affairs and Group Communications. Fredrik has worked in different capacities at Swedish Match during the years 2000-2014, and he has also been the General Counsel at Autoliv.
Sweden
May 13, 2016
7:30 AM CET
Swedish Match and Salong Betong tattoo studio in brand new design collaboration
May 4, 2016
6:15 AM CET
- Sales increased by 6 percent to 3,557 MSEK (3,368) for the first quarter. In local currencies, sales increased by 7 percent.
- Operating profit from product areas1) increased by 8 percent to 939 MSEK (866) for the first quarter. In local currencies, operating profit from product areas1) increased by 10 percent.
- Growth of sales and operating profit from product areas1) was positively affected by lower trade destocking in Scandinavia in 2016 than in 2015.
- Operating profit2) amounted to 1,711 MSEK (1,014) for the first quarter, including larger one-time items of 704 MSEK relating to the capital gains of the previously announced partial divestment of STG and the divestment of distribution center real estate.
- Earnings per share amounted to 7.44 SEK (3.68) for the first quarter. Adjusted earnings per share increased by 9 percent to 3.71 SEK (3.40)3).
- As previously announced, STG was listed on Nasdaq Copenhagen during the first quarter and in connection with the listing, Swedish Match reduced its ownership in STG from 49 percent to 31.1 percent.
Mar 22, 2016
9:00 AM CET
The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting to be held on Thursday, April 28, 2016, at 15.30 CET at the cinema Skandia, Drottninggatan 82, Stockholm, Sweden.
Sweden
Mar 22, 2016
7:00 AM CET
Swedish Match is now lowering the limit values for undesired substances in snus and is also adding limit values for other undesired substances.
Sweden
Feb 26, 2016
10:50 AM CET
To celebrate General’s 150th anniversary, Swedish Match has teamed with Swedish whisky maker Mackmyra to develop a whisky snus that combines the craftsmanship of snus blending and whisky making in a joint product offering.
Feb 19, 2016
7:15 AM CET
- Sales for the full year increased by 9 percent to 14,486 MSEK (13,305) and for the fourth quarter by 5 percent to 3,719 MSEK (3,536). In local currencies, sales increased by 2 percent for both the full year and for the fourth quarter.
- Operating profit from product areas1) for the full year increased by 7 percent to 3,690 MSEK (3,446) and for the fourth quarter by 1 percent to 908 MSEK (900). In local currencies, operating profit from product areas1) declined by 2 percent for the full year and declined by 4 percent for the fourth quarter.
- Swedish Match has, beginning this reporting period, started reporting its share of STG’s net profit with a one quarter lag, due to differences in reporting schedules between Swedish Match and STG. Due to this, no net profit from STG was recognized for the October-December 2015 period.
- Operating profit2) (excluding share of STG’s net profit for the fourth quarter 2015 due to changed reporting) amounted to 4,008 MSEK (3,780) for the full year and to 908 MSEK (992) for the fourth quarter.
- EPS (basic) for the full year amounted to 14.48 SEK (13.23) and to 3.34 SEK (3.55 including 0.47 from share of net profit in STG) for the fourth quarter. The decline in EPS for the fourth quarter was fully attributable to the changed reporting relating to STG.
- The Board of Directors proposes a dividend of 20.00 SEK per share consisting of an increased ordinary dividend of 8.00 SEK (7.50) and a special dividend of 12.00 SEK, following Swedish Match’s partial divestment of STG in conjunction with the listing of STG on Nasdaq Copenhagen.
- Following the close of the period STG was listed on Nasdaq Copenhagen and Swedish Match reduced its ownership from 49 percent to 31.2 percent.
Sweden
Feb 3, 2016
7:30 AM CET
Swedish Match launched XR in April 2015. After just over nine months on the market, it has grown to become the ninth largest snus brand in Sweden, capturing a market share of nearly 6 percent. Now XR is growing further and adding two new products: XR Grov and XR General Salmiak. This will therefore be the first time the Grov brand will be available in the XR format.
Jan 28, 2016
7:59 AM CET
NOT FOR RELEASE OR DISTRIBUTION OR PUBLICATION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN. This announcement does not constitute an offering circular and nothing herein contains an offering of securities. No one should purchase or subscribe for any securities in Scandinavian Tobacco Group A/S (“STG”) except on the basis of information in any offering circular published by STG in connection with the potential offering and admission of such securities to trading and official listing on Nasdaq Copenhagen A/S (“Nasdaq Copenhagen”). Copies of any such offering circular will, following publication, be available from STG’s registered office and on the website of the STG.
Sweden
Jan 19, 2016
8:30 AM CET
Since 1936, the famous Solstickan boy has been portrayed on most match boxes sold in Sweden. For every product sold under the Solstickan brand, a portion of sales goes to The Solstickan Foundation. The foundation works for the benefit of children and the elderly by granting project funds, research scholarships and an annual Solstickan Award. Since its inception, over 100 million SEK has been donated by the foundation to different charities.
Sweden
Dec 1, 2015
7:00 AM CET
2016 marks the 150th anniversary of General, Scandinavia’s largest snus brand. To celebrate this, Swedish Match is launching the exclusive snus General Kardus Fäviken 2016, created by perfectionist Johan A Boman in 1866 and now interpreted by Chef Magnus Nilsson at Fäviken Magasinet – 150 years later.
Nov 26, 2015
7:30 AM CET
Further to the announcement in the press release of February 9, 2015, the strategic review to identify future opportunities for Scandinavian Tobacco Group (STG) has continued. As part of the review, STG management has together with its Board of Directors established expectations with regard to the financial development for STG Group.
Nov 4, 2015
7:15 AM CET
- Sales for the third quarter increased by 10 percent to 3,756 MSEK (3,416). In local currencies, sales were up 4 percent, with increases across all product areas.
- Operating profit from product areas1) for the third quarter increased by 12 percent to 979 MSEK (874). In local currencies operating profit from product areas1) was up by 4 percent.
- Operating profit2) amounted to 1,065 MSEK (989) for the third quarter, negatively impacted by restructuring costs in Swedish Match’s share of net profit from associated companies.
- EPS (basic) for the third quarter amounted to 3.84 SEK (3.50).
Sweden
Sep 10, 2015
8:00 AM CET
Swedish Match’s new venture in the low-price segment is named Mustang.
Sweden
Sep 8, 2015
9:00 AM CET
Göteborgs Rapé Original was withdrawn from the Swedish Match range at the start of the 2000s to make way for the innovative Göteborgs Rapé White, which is now one of the best-selling snus products in Sweden.
Sweden
Aug 26, 2015
12:00 PM CET
For the autumn season, Swedish Match is launching a special edition of its traditional brand Ettan. It has been named Ettan Jakt and is a limited design edition of Ettan loose.
Jul 17, 2015
6:15 AM CET
- Sales for the second quarter increased by 9 percent to 3,644 MSEK (3,339). In local currencies, sales were marginally higher than prior year.
- Operating profit from product areas1) for the second quarter increased by 9 percent to 937 MSEK (862). In local currencies operating profit from product areas1) declined by 1 percent.
- Operating profit2) amounted to 1,021 MSEK (941) for the second quarter. Excluding a restructuring provision of 42 MSEK related to the relocation of distribution facilities in Sweden, recognized as a larger one-time item, operating profit amounted to 1,063 MSEK (941).
- EPS (basic) for the second quarter amounted to 3.62 SEK (3.27). Adjusted EPS3) amounted to 3.79 SEK (3.27).
Jul 16, 2015
11:00 AM CET
Swedish Match and Philip Morris International (PMI) have mutually agreed to dissolve their joint venture agreement relating to the sale of smokeless tobacco products outside Scandinavia and the US.
- Swedish Match to continue to sell General snus in Canada, Russia and Malaysia
- Swedish Match sees good opportunities for its snus products internationally over the longer term
Sweden
Jul 3, 2015
12:40 PM CET
Today, July 3, Swedish Match is opening a snus store on Kungstorget in Gothenburg. The store will offer adult snus users a unique experience in the craftsmanship, history and quality of snus. In conjunction with the opening, a limited edition of the snus product, Göteborgs Rapé, will be launched as a tribute to Gothenburg.
May 29, 2015
8:00 AM CET
In accordance with the resolution at the Annual General Meeting on April 23, 2015, Swedish Match AB (publ) has cancelled 4,000,000 repurchased treasury shares.
May 8, 2015
6:15 AM CET
- Sales for the first quarter increased by 12 percent to 3,368 MSEK (3,014). In local currencies, sales increased by 1 percent.
- Operating profit from product areas1) for the first quarter increased by 7 percent to 866 MSEK (809). In local currencies operating profit from product areas1) declined by 4 percent.
- Sales and operating profit from product areas during the first quarter were negatively impacted by trade destocking of snus in Scandinavia following excise tax increases on January 1st.
- Operating profit2) amounted to 1,014 MSEK (858) for the first quarter. The operating profit2) was positively affected by an adjustment of the share of net profit in STG of 56 MSEK relating to a reassessment of useful lives primarily of trademarks in STG.
- EPS (basic) for the first quarter amounted to 3.68 SEK (2.91). EPS (basic) excluding the STG adjustment amounted to 3.40 SEK (2.91).
Sweden
Mar 30, 2015
12:45 PM CET
In April, Swedish Match is launching Sweden’s first brand-transcending snus series: XRANGE. The snus series comprises five portion-packed products from three of Sweden’s classic brands: General, Göteborgs Rapé and Catch. XRANGE is a competitively priced product in a discreet portion pouch that is less runny and keeps its flavor longer.
Mar 17, 2015
9:00 AM CET
The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting to be held on Thursday, April 23, 2015, at 16.30 CET at Citykonferensen, Malmskillnadsgatan 46, Stockholm, Sweden.
Feb 18, 2015
7:15 AM CET
- Sales for the full year increased by 6 percent to 13,305 MSEK (12,610) and for the fourth quarter by 11 percent to 3,536 MSEK (3,178). In local currencies, sales increased by 4 percent for the full year and by 7 percent for the fourth quarter.
- Operating profit from product areas1) for the full year increased by 2 percent to 3,446 MSEK (3,375) and for the fourth quarter by 8 percent to 900 MSEK (835). In local currencies, operating profit from product areas1) increased by 1 percent for the full year and by 4 percent for the fourth quarter.
- Operating profit2) amounted to 3,780 MSEK (3,855 including a capital gain of 161 MSEK) for the full year and to 992 MSEK (932) for the fourth quarter.
- EPS (basic) for the full year amounted to 13.23 SEK (13.63) and 3.55 SEK (3.43) for the fourth quarter. EPS (basic), excluding larger one-time items, for the full year amounted to 13.23 SEK (12.82).
- The Board proposes an increased dividend to 7.50 SEK (7.30).
Feb 9, 2015
7:45 AM CET
As communicated earlier, Swedish Match with the other shareholder of Scandinavian Tobacco Group (STG) have engaged advisors to assess strategic alternatives with regards to STG. In the strategic review further opportunities have been identified and the shareholders of STG have agreed that it is in their best interests to continue growing STG under the leadership of Niels Frederiksen, the newly appointed CEO, in view of a potential future Initial Public Offering.
Dec 10, 2014
7:30 AM CET
As previously communicated the Swedish Competition Authority has been conducting an investigation regarding a uniform labelling system for snus coolers owned by Swedish Match and placed in retail outlets. On December 9, 2014 the Competition Authority submitted a lawsuit to the Stockholm district court. In its submission, the Competition Authority alleges that Swedish Match, when implementing the labelling system, has abused a dominant position on the Swedish snus market in breach of the competition legislation. Swedish Match does not agree with this allegation and will defend the case vigorously.
Sweden
Dec 1, 2014
11:00 AM CET
It has taken Swedish Match over two years to develop General Kardus Selection 2015 – an effort that has resulted in Swedish Match’s most exclusive snus ever. A limited amount of 4,000 individually numbered containers has been manufactured with a recommended store price of SEK 799.
Oct 24, 2014
6:15 AM CET
- Sales for the third quarter increased by 6 percent to 3,416 MSEK (3,230). In local currencies, sales increased by 3 percent.
- Operating profit from product areas1) for the third quarter increased by 5 percent to 874 MSEK (836) and by 2 percent in local currencies.
- Operating profit from product areas1) was also up by 2 percent in local currencies when adjusted for increased costs related to international snus and restructuring charges in 2013.
- Operating profit2) amounted to 989 MSEK (924) for the third quarter.
- EPS (basic) for the third quarter increased by 11 percent to 3.50 SEK (3.15).
Sweden
Sep 29, 2014
11:00 AM CET
When Catch Licorice snus was launched in 1984, it was the first brand in the Swedish market to offer portion-packed snus with a non-traditional snus flavor. Thirty years later, the Catch family has grown to become one of Sweden’s largest snus brands through a successful innovation effort focusing on flavoring, portion optimization and moisture content.
Sweden
Sep 29, 2014
8:00 AM CET
In autumn 2014, the brand concept for Nick & Johnny will be renewed in the form of a design change, a name change and recipe improvements.
Sep 9, 2014
10:00 PM CET
The Modified Risk Tobacco Product (MRTP) application submitted by Swedish Match has been determined to be complete and filed by the US Food and Drug Administration (FDA) Center for Tobacco Products (CTP).
Jul 18, 2014
6:15 AM CET
- Sales for the second quarter increased by 4 percent to 3,339 MSEK (3,220). In local currencies, sales for the second quarter also increased by 4 percent.
- Operating profit from product areas1) declined for the second quarter by 1 percent to 862 MSEK (871). In local currencies, operating profit from product areas1) also declined by 1 percent for the second quarter.
- Operating profit2) amounted to 941 MSEK (968) for the second quarter.
- EPS (basic) for the second quarter amounted to 3.27 SEK (3.34).
Jun 11, 2014
6:50 AM CET
• Application pertains to sub-brands for the General snus product line in the US
• Application seeks a risk modification order which would allow changes to warning label statements currently required for smokeless tobacco products
• Application includes extensive research findings on Swedish snus
• Swedish Match has been actively engaged in the FDA regulatory science process
May 30, 2014
6:00 AM CET
In accordance with the resolution at the Annual General Meeting on May 7, 2014, Swedish Match AB (publ) has cancelled 1,500,000 repurchased treasury shares.
May 9, 2014
6:15 AM CET
· Sales for the first quarter increased by 1 percent to 3,014 MSEK (2,982). In local currencies, sales for the first quarter increased by 2 percent.
· Operating profit from product areas1) declined for the first quarter by 3 percent to 809 MSEK (832). In local currencies, operating profit from product areas1) also declined by 3 percent for the first quarter.
· Operating profit2) amounted to 858 MSEK (1,031 or 872 excluding larger one-time items) for the first quarter.
· EPS (basic) for the first quarter amounted to 2.91 SEK (3.72) while EPS (basic) excluding larger one-time items amounted to 2.91 SEK (2.92).
1) Operating profit for Swedish Match product areas, which excludes share of net profit in STG and larger one-time items.
2) Operating profit for the Group includes share of net profit in STG and larger one-time items.
Sweden
Apr 2, 2014
12:11 PM CET
In December 2012, Swedish Match opened the doors to the world’s first snus store on Kungsgatan in Stockholm, Sweden. It quickly became a success, with more than 70,000 visitors in the first year. Swedish Match has now decided to follow up the success with a second store in Nordby Shopping Center in Strömstad, in collaboration with Orvelins. The stores are a meeting place for all the snus users in the world, where they will be given a unique opportunity to receive personal assistance and information from competent store staff.
Mar 31, 2014
8:00 AM CET
The shareholders of Swedish Match AB (publ) are hereby notified of the Annual General Meeting to be held on Wednesday, May 7, 2014 at 16.30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.
Mar 25, 2014
1:30 PM CET
Swedish Match’s annual report for 2013 has been published and is available at the Group’s website, www.swedishmatch.com/.
Feb 19, 2014
7:15 AM CET
· Sales for the full year increased by 1 percent to 12,610 MSEK (12,486) and for the fourth quarter by 1 percent to 3,178 MSEK (3,148). In local currencies, sales for both the full year and the fourth quarter increased by 3 percent.
· Operating profit from product areas1) for the full year declined by 8 percent to 3,375 MSEK (3,666) and for the fourth quarter by 5 percent to 835 MSEK (883). In local currencies, operating profit from product areas1) for the full year declined by 6 percent and by 5 percent for the fourth quarter.
· Operating profit2) amounted to 3,855 MSEK (4,062) for the full year and to 932 MSEK (986) for the fourth quarter.
· EPS (basic) for the full year amounted to 13.63 SEK (14.33) and for the fourth quarter to 3.43 SEK (3.93).
· The Board proposes an unchanged dividend of 7.30 SEK.
1) Operating profit for Swedish Match product areas, which excludes share of net profit in STG and larger one-time items.
2) Operating profit for the Group includes share of net profit in STG and larger one-time items.
Sweden
Jan 14, 2014
10:44 AM CET
The story of General began back in 1866 with the founder Johan A Boman’s search for the perfect snus. It was a search that would require four years of experimentation before he was satisfied with his recipe. Today, General is recognized as the original Swedish snus and has grown to become one of the world’s best-known snus brands. In keeping with this heritage, Swedish Match has now developed a new product range focused on sophisticated flavors, genuine craftsmanship and multifaceted enjoyment. General Variation - A flavorsome evolution of the original Swedish snus.
Oct 29, 2013
7:15 AM CET
• Sales for the third quarter increased by 1 percent to 3,230 MSEK (3,208). In local currencies, sales for the third quarter increased by 2 percent.
• Operating profit from product areas1) for the third quarter includes restructuring charges of 28 MSEK and declined by 11 percent to 836 MSEK (942).
• In local currencies, operating profit from product areas1) for the third quarter declined by 10 percent or 7 percent excluding restructuring charges.
• Operating profit2) declined by 10 percent to 924 MSEK (1,022) for the third quarter.
• EPS (basic) for the third quarter amounted to 3.15 SEK (3.41).
1) Operating profit for Swedish Match product areas, which excludes share of net profit in STG.
2) Operating profit for the Group includes share of net profit in STG.
USA
Oct 14, 2013
10:16 AM CET
Smart, revolutionary new packaging for General snus was unveiled this week at the National Association of Convenience Stores (NACS) annual trade show in Atlanta, Georgia.
Sep 9, 2013
7:00 AM CET
Swedish Match today announced its decision to reorganize its operating structure, by integrating its Scandinavia Division and Smokefree Products Division into a new streamlined Scandinavia Division. It has also announced a new Group Management Team (GMT) resulting from this reorganization.
Jul 19, 2013
6:15 AM CET
· Sales for the second quarter amounted to 3,220 MSEK (3,213). In local currencies, sales for the second quarter increased by 3 percent.
· Operating profit from product areas1) for the second quarter declined by 7 percent to 871 MSEK (938). In local currencies, operating profit from product areas1) for the second quarter declined by 5 percent.
· Operating profit2) declined by 11 percent to 968 MSEK (1,082) for the second quarter.
· EPS (basic), excluding larger one-time items, for the second quarter amounted to 3.33 SEK (3.57).
1) Operating profit for Swedish Match product areas, which excludes share of net profit in STG and larger one-time items.
2) Operating profit for the Group includes share of net profit in STG and larger one-time items.
USA
Jul 10, 2013
8:35 AM CET
Game by Garcia y Vega announces the latest innovation in cigarillos, FoilFresh® Red.
Apr 29, 2013
6:15 AM CET
· Sales for the first quarter increased by 2 percent to 2,982 MSEK (2,917). In local currencies, sales for the first quarter increased by 5 percent.
· Operating profit from product areas1) for the first quarter declined by 8 percent to 832 MSEK (903). In local currencies, operating profit from product areas1) for the first quarter declined by 6 percent.
· Operating profit2) increased by 6 percent to 1,031 MSEK (972) for the first quarter, and includes an additional capital gain of 159 MSEK on the disposal of the former head office site in Stockholm.
· EPS (basic) for the first quarter increased by 14 percent to 3.72 SEK (3.27), excluding larger one-time items EPS (basic) declined by 11 percent to 2.92 SEK (3.27).
1. Operating profit for Swedish Match product areas, which excludes share of net profit in STG and larger one-time items.
2. Operating profit for the Group includes share of net profit in STG and larger one-time items.
Sweden
Apr 26, 2013
8:05 AM CET
General Tailored is a new, customized portion snus. The portion pouches are softer, with optimum fit and a sleeker can. This is all done to offer a tailored snus experience, down to the last detail. The flavor is classic General, but with distinct elements of bergamot.
Mar 25, 2013
3:00 PM CET
Swedish Match’s annual report for 2012 has been published and is available at the Group’s website, www.swedishmatch.com/annual-reports/.
Mar 19, 2013
9:00 AM CET
The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Thursday, 25 April, 2013 at 16.30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.
Mar 11, 2013
10:00 AM CET
At the upcoming Annual General Meeting on April 25, 2013, the Nominating Committee of Swedish Match AB will propose the election of Wenche Rolfsen as a new member of the Swedish Match Board of Directors.
Feb 20, 2013
7:15 AM CET
· Sales for the full year increased by 7 percent to 12,486 MSEK (11,666) and for the fourth quarter by 3 percent to 3,148 MSEK (3,064). In local currencies, sales for the full year increased by 6 percent and for the fourth quarter by 4 percent
· Operating profit from product areas1) for the full year increased by 9 percent to 3,666 MSEK (3,365). For the fourth quarter operating profit from product areas1) decreased by 2 percent to 883 MSEK (898). In local currencies, operating profit from product areas1) for the full year increased by 8 percent and was flat for the fourth quarter
· Operating profit2) amounted to 4,062 MSEK (3,702) for the full year and to 986 MSEK (1,022) for the fourth quarter
· EPS (basic) for the full year increased by 18 percent to 14.33 SEK (12.14) and for the fourth quarter by 15 percent to 3.93 SEK (3.42)
· The Board proposes an increased dividend to 7.30 SEK (6.50)
1. Operating profit for Swedish Match product areas, which excludes share of net profit in STG and larger one time items.
2. Operating profit for the Group includes share of net profit in STG and larger one time items.
USA
Jan 8, 2013
11:00 AM CET
White Owl and Game by Garcia y Vega proudly announce the latest innovation in cigarillos, FoilFresh® Gold!
Oct 30, 2012
7:15 AM CET
· Sales for the third quarter increased by 7 percent to 3,208 MSEK (3,011) and by 6 percent in local currencies
· Operating profit from product areas1) for the third quarter increased by 4 percent to 942 MSEK (909) and by 3 percent in local currencies
· Operating profit2) increased by 4 percent to 1,022 MSEK (983) for the third quarter
· EPS (basic) for the third quarter increased by 4 percent to 3.41 SEK (3.28), EPS (basic) for the first nine months increased by 19 percent to 10.40 SEK (8.72)
1. Operating profit for Swedish Match product areas, which excludes share of net profit in STG and larger one time items.
2. Operating profit for the Group includes share of net profit in STG and larger one time items.
Oct 16, 2012
7:00 PM CET
As stated in a press release today from the European Commission, the European Anti-Fraud Office, OLAF, has presented a report to the European Commission. Among other things the report states that Swedish Match has filed a complaint about receiving a proposal to influence the outcome of the ongoing review by the European Commission of the Tobacco Products Directive, in exchange for financial compensation. The Tobacco Products Directive regulates the sales ban on Swedish snus within the EU, to which Sweden has an exemption.
Sweden
Sep 27, 2012
11:55 AM CET
The tobacco in this year’s edition of Kardus is from the small village of Cincho in western Spain. As always, it has been carefully selected and handled meticulously to satisfy the demands of the most discerning snus users in Sweden. Only a few will have the opportunity to sample this exclusive edition, since only 600 packages will be released for sale, just in time for Father’s Day.
Sweden
Sep 11, 2012
9:55 AM CET
General is Sweden’s most widely sold snus and the brand is growing in global popularity. Following 150 years and more than 20 different packaging designs worldwide, General is introducing a new contemporary design with solid links to the brand’s history.
Jul 20, 2012
6:15 AM CET
· Sales for the second quarter increased by 9 percent to 3,213 MSEK (2,944) and by 6 percent in local currencies
· Operating profit from product areas1) for the second quarter increased by 13 percent to 938 MSEK (829) and by 9 percent in local currencies
· Operating profit2) increased by 20 percent to 1,082 MSEK (904) for the second quarter
· EPS (basic) for the second quarter increased to 3.72 SEK (2.94)
1. Operating profit for Swedish Match product areas, which excludes share of net profit in STG and larger one time items.
2. Operating profit for the Group includes share of net profit in STG and larger one time items.
USA
Jul 16, 2012
12:00 PM CET
White Owl
® and Game
® introduce The
Darker Side of
Smooth™ - The Hottest New Idea in Cigarillos
May 31, 2012
6:00 AM CET
In accordance with the resolution at the Annual General Meeting on May 2, 2012 Swedish Match AB has cancelled 7,000,000 treasury shares.
Sweden
May 24, 2012
10:00 AM CET
In June, Swedish Match introduced the snus brand Nick & Johnny in Sweden. The brand stand out with its urban design and distinctive assortment.
May 9, 2012
11:00 AM CET
Lights International, an operating unit of Swedish Match AB, headquartered in Stockholm, Sweden, announces the formation of Swedish Match Lights USA. This new unit will market and distribute the Company’s Cricket® brand of utility lighters and related products.
May 4, 2012
6:15 AM CET
· Sales for the first quarter increased by 10 percent to 2,917 MSEK (2,646). In local currencies, sales for the first quarter increased by 9 percent
· Operating profit from product areas1) for the first quarter increased by 24 percent to 903 MSEK (729). In local currencies, operating profit from product areas1) increased by 22 percent
· Operating profit2) increased by 23 percent to 972 MSEK (793) for the first quarter
· EPS (basic) for the first quarter amounted to 3.27 SEK (2.50)
1. Operating profit for Swedish Match product areas, which excludes share of net profit in STG.
2. Operating profit for the Group includes share of net profit in STG.
USA
May 1, 2012
7:30 PM CET
Pouches will never be the same!
Mar 30, 2012
11:00 AM CET
Swedish Match annual report 2011 has been published and is available at the Group’s website.
Mar 26, 2012
8:00 AM CET
The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Wednesday, 2 May, 2012 at 16.30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.
Feb 22, 2012
7:15 AM CET
· Comparable sales1) for the full year increased by 4 percent to 11,666 MSEK (11,222) and for the fourth quarter by 9 percent to 3,064 MSEK (2,801). In local currencies, comparable sales1) for the full year increased by 8 percent and for the fourth quarter by 10 percent. Sales for the full year 2010 including businesses transferred to STG amounted to 13,606 MSEK
· Comparable operating profit2) for thefull year increased by 7 percent to 3,365 MSEK (3,158) and for the fourth quarter by 7 percent to 898 MSEK (836). In local currencies, comparable operating profit2) for the full year increased by 11 percent and for the fourth quarter by 7 percent
· Operating profit including businesses transferred to STG in 2010, share of net profit from STG and larger one time items3) amounted to 3,702 MSEK (4,169) for the full year, and to 1,022 MSEK (1,421) for the fourth quarter
· EPS (basic) for the full year amounted to 12.14 SEK (9.92, or 13.12 including larger one time items) and for the fourth quarter to 3.42 SEK (2.06, or 4.85 including larger one time items)
· The Board proposes an increased dividend to 6.50 SEK (5.50)
1. Sales excluding businesses transferred to STG on October 1, 2010.
2. Operating profit excluding businesses transferred to STG on October 1, 2010, share of net profit from STG and larger one time items.
3. Larger one time items include reversals of amortizations and depreciations relating to assets held for sale in 2010. In the fourth quarter 2010 it also included a net gain from pension settlements as well as a capital gain from the transfer of businesses to STG.
Norway
Feb 20, 2012
10:03 AM CET
Taste is at the centre when Swedish Match Launches Radical Red Xtra Strong Chili by: Nick & Johnny and a new addition to the General Family: General Extra Strong Portion Long.
Sweden
Jan 24, 2012
4:40 PM CET
General presents Strong White Mini – a portion-packed snus in mini-format with the same nicotine strength as a normal portion. The flavor has the classic General character.
Sweden
Jan 24, 2012
4:37 PM CET
Catch Collection will change flavors three times during 2012. The first flavor has been named Lafayette Street, inspired by the street with the same name in New York. This mini-snus has a mild tobacco character, with a flavor of spearmint, a touch of peppermint and a distinct sweetness.
Oct 26, 2011
6:00 AM CET
· Comparable sales1) for the third quarter increased by 2 percent to 3,011 MSEK (2,964) and by 6 percent in local currencies. Sales for the third quarter of 2010 including businesses transferred to STG amounted to 3,823 MSEK
· Comparable operating profit2) for the third quarter increased by 4 percent to 909 MSEK (874) and by 9 percent in local currencies
· The share of net profit from Scandinavian Tobacco Group in the third quarter amounted to 74 MSEK, including restructuring charges of 61 MSEK before tax
· Operating profit including businesses transferred to STG last year, share of net profit from STG and larger one time items3) for the third quarter amounted to 983 MSEK (1,049)
· EPS (basic) for the third quarter amounted to 3.28 SEK (3.23)
1) Sales excluding businesses transferred to STG on October 1, 2010.
2) Operating profit excluding businesses transferred to STG on October 1, 2010, share of net profit from STG and larger one time items.
3) Larger one time items include reversals of amortizations and depreciations relating to assets held for sale in 2010.
Sweden
Oct 7, 2011
6:40 AM CET
This year’s version of the luxurious Kardus snus is called Carnival Blend and is a colorful tribute to Brazilian carnival, passion and pleasure. The tobacco is grown in selected plantations in southern Brazil and the flavor is from the country’s national liquor – a fruity cachaça.
Sweden
Sep 22, 2011
2:20 PM CET
Catch Collection is presenting Thrill – a mini-can snus with the flavor of sun-ripe raspberry spiced with pepper for well-rounded sweetness. Thrill will be in stores in October and will remain in snus refrigerators until February 2012, when the next flavor is introduced.
Sweden
Aug 18, 2011
2:00 PM CET
General Green Harvest is the first snus to be made from ecologically grown tobacco. Green Harvest contains only tobacco from certified farmers and grown according to ecological principles. This means that no artificial fertilizers or insecticides are used.
Jul 20, 2011
6:00 AM CET
· Comparable sales1) for the second quarter increased by 3 percent to 2,944 MSEK (2,849) and by 11 percent in local currencies. Sales for the second quarter of 2010 including businesses transferred to STG amounted to 3,701 MSEK
· Comparable operating profit2) for the second quarter increased by 5 percent to 829 MSEK (793) and by 13 percent in local currencies
· Operating profit including businesses transferred to STG last year, share of net profit from STG and larger one time items3) for the second quarter amounted to 904 MSEK (945)
· EPS (basic) for the second quarter amounted to 2.94 SEK (2.78)
May 31, 2011
6:00 AM CET
In accordance with the resolution at the Annual General Meeting on May 2, 2011 Swedish Match AB has cancelled 18,000,000 treasury shares.
May 22, 2011
10:00 PM CET
The Solstickan Foundation has awarded H.M. Queen Silvia this year’s Solstickan Award of 150,000 SEK based on the following rationale “for unique and altruistic action in support of vulnerable children and the aged.”
Sweden
May 2, 2011
8:29 AM CET
General and Göteborgs Rapé are two of the most popular types of snus sold in Sweden. Both will now be available in even smaller cans, as snus in a mini format. The new cans will hold just as many portions as before and the snus will also be packed in an elegant star formation.
Sweden
May 2, 2011
8:01 AM CET
Catch Collection Still, with a taste of violet and liquorice, made its debut in refrigerator displays in 2009. This popular snus is destined to make a comeback now that Catch consumers have voted for the three flavors that are to reappear in 2011. A significant little feature is that the snus will return in an even smaller can.
Sweden
May 2, 2011
7:29 AM CET
Swedish Match is introducing a new snus can in a mini format. The number of portion pouches will remain the same but the can will contain approximately 21 percent less plastic than the former can. As a result, Swedish Match expects to reduce its plastic consumption by approximately eight tons as early as the first year.
Sweden
Apr 11, 2011
11:25 AM CET
Swedish Match will be launching a modern, attractively priced alternative, Kaliber, to accommodate consumers who want high-quality low-priced snus.
Apr 4, 2011
8:34 AM CET
As of Monday, April 4, the Swedish Match AB annual report for 2010 is available on the Company website.
Mar 24, 2011
9:00 AM CET
The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Monday, 2 May, 2011 at 16.30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.
Mar 21, 2011
8:00 AM CET
At the upcoming Annual General Meeting on May 2, 2011, the Nominating Committee of Swedish Match AB will propose the election of Robert F. Sharpe to the Swedish Match Board of Directors.
Feb 7, 2011
9:00 AM CET
At the upcoming Annual General Meeting on May 2, 2011, the Nominating Committee of Swedish Match AB will propose the election of Joakim Westh to the Swedish Match Board of Directors.
Norway
Feb 2, 2011
8:30 AM CET
Norway’s most popular snus, General, gains a new member of the family. Swedish Match now launches General Smooth Flavour, a new version of Norway’s bestselling snusbrand.
Sweden
Jan 28, 2011
8:30 AM CET
Catch Collection Chill, with a full-bodied vanilla flavor and a hint of fresh mint, is making a comeback to the refrigerator display. This snus favorite returns in response to positive comments made by users in a consumer survey.
Jan 14, 2011
2:45 PM CET
Swedish Match announces that Lennart Freeman, Executive Vice President of Swedish Match AB, will retire effective March 1, 2011 after more than 30 years with the Company. Freeman is currently President of the Lights operating units, and prior to that served as President of Swedish Match International (SMI).
Jan 14, 2011
1:30 PM CET
Swedish Match announces that Scandinavian Tobacco Group A/S (STG) has signed an agreement with Reynolds American, Inc. for the acquisition of Lane Limited (Lane). STG is 49 percent owned by Swedish Match AB.
Oct 29, 2010
12:00 PM CET
Oct 27, 2010
6:00 AM CET
· Sales for the third quarter were 3,823 MSEK (3,606)
· In local currencies, sales for the third quarter increased by 7 percent, with growth in all product areas except for chewing tobacco
· Operating profit for the third quarter increased to 1,049 MSEK (874). Including depreciation and amortization on assets held for sale, operating profit increased by 16 percent to 1,017 MSEK (874)
· In local currencies, operating profit for the third quarter, including depreciation and amortization on assets held for sale, increased by 17 percent
· EPS (basic) for the third quarter amounted to 3.23 SEK (2.53)
· The transaction with Scandinavian Tobacco Group was completed October 1
Sweden
Oct 20, 2010
7:00 AM CET
A fresh peppermint flavor delivered in a discrete portion-pouch that is not visible under the lip. That’s how we summarize Pure Mint – the most recent snus selection from Catch. In addition, the snus will be packaged in a fashionable metal can that can be proudly displayed.
Oct 14, 2010
1:00 PM CET
Fire briquettes are a completely new product from Solstickan that have arrived just in time for winter.
Oct 7, 2010
11:30 AM CET
Emmett Harrison has been appointed Senior Vice President of Corporate Communications and Sustainability for Swedish Match AB, effective October 7, 2010. He is also a member of the Group Management Team. Emmett continues to be responsible for the Investor Relations function.
Oct 4, 2010
6:30 AM CET
Today, Swedish Match (SM) and Scandinavian Tobacco Group (STG) announce the creation of a global company with leading market positions in cigars, pipe tobacco and fine cut tobacco.
Sweden
Sep 30, 2010
3:30 PM CET
Kardus is the snus for connoisseurs. Probably the world’s most exclusive – and expensive – snus. The tobacco for this year’s edition has been picked in Java and flavored with the finest arrack. Both the flavor and the roots have their origin in Asian trade routes. We are releasing 500 boxes, just in time for Father’s Day.
Sweden
Sep 24, 2010
2:00 PM CET
Sweden’s most popular snus brand, General, is introducing an entirely new portion format, Long. The new portions are more elongated to fit better under the lip. The flavor is the traditional General, but the recipe has been optimized to enhance the taste and reduce leakage.
Sweden
Sep 8, 2010
10:00 AM CET
In time for the rain and harsh weather of autumn, the Catch Collection is introducing its final flavor for the year, Ease, with a combination of spicy warm ginger and fresh orange.
Sweden
Aug 16, 2010
10:00 AM CET
Ettan snus, one of Sweden’s oldest brands, traces its roots to the early 1800s. The Ettan products will now be sold under a new design, although the contents of the cans remain unchanged and retain the same high quality that has always characterized the brand.
Norway
Jul 16, 2010
8:00 AM CET
Norwegian consumers have distinct preferences in selecting snus. One of the most striking trends is the growth of snus using "white-portion tehnology". Nick and Johnny Strong White, a new product by Swedish Match, is designed to meet the demand of the Norwegian consumer products.
Sweden
Jun 7, 2010
10:11 AM CET
Catch Collection is the snus that is presented in different new flavors several times a year. The second variety for 2010 and the sixth in total is called Glow. It combines two summer classics in the form of elderberry in combination with lime and provides a preview of the summer’s refreshing flavor experiences.
May 25, 2010
7:26 AM CET
Lars Bratt, founder of the "The Granddad Programme", has been awarded this year's Solstickan Award of 100,000 SEK based on the following rationale: "For an initiative in the spirit of the UN Convention on the Rights of Children by providing specially trained adult role models, mostly to primary schools, in the form of supportive "Granddads" or "Grannies", strengthening children's self-esteem and social skills and enhancing the teaching environment."
Apr 29, 2010
6:00 AM CET
• Sales for the first quarter were 3,282 MSEK (3,387)
• In local currencies, sales for the first quarter increased by 3 percent, driven by solid growth for the snus and snuff product area
• Operating profit for the first quarter was 755 MSEK (794). Including depreciation and amortization on assets held for sale, operating profit was 728 MSEK (794)
• In local currencies, operating profit for the first quarter increased by 1 percent. Including depreciation and amortization on assets held for sale, operating profit for the first quarter decreased by 3 percent
• EPS (basic) for the first quarter amounted to 2.26 SEK (2.11)
• Cigar sales and operating profit comparisons are adversely affected by prior year hoarding in the US
• After the reporting period, an agreement was signed with Scandinavian Tobacco Group to create a new company with a focus on cigars
Apr 27, 2010
4:55 PM CET
Major items approved by today’s Annual General Meeting include:
• Dividend of 4.75 SEK per share
• Mandate to repurchase up to 10 percent of the shares in the Company
• Withdrawal of 20 million shares repurchased by the Company
Apr 26, 2010
6:30 AM CET
Following the announcement January 15, 2010 that Swedish Match and Scandinavian Tobacco Group (STG) intend to form a new company with a core focus on cigars; Swedish Match today announces that the transaction agreement has been signed by the parties.
Mar 31, 2010
1:30 PM CET
As of today, 31 March, the Swedish Match AB annual report for 2009 is available on www.swedishmatch.com
Mar 22, 2010
1:33 PM CET
The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Tuesday April 27, 2010 at 16:30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.
Sweden
Mar 9, 2010
3:00 PM CET
Swedish Match is introducing new snus varieties 01 and 02 in Norway. These two new products are included in the ‘Lab Series’ and are specifically designed to meet the consumer desire for a modern snus that differs from other brands both in terms of taste, style and design.
Feb 25, 2010
7:00 AM CET
• Sales for the full year increased by 13 percent to 14,204 MSEK (12,611) and for the fourth quarter by 2 percent to 3,545 MSEK (3,480)
• In local currencies, sales for the full year increased by 5 percent and for the fourth quarter by 4 percent
• Operating profit excluding larger one time items for the full year increased by 22 percent to 3,417 MSEK (2,801) and for the fourth quarter by 5 percent to 850 MSEK (807)1)
• In local currencies, operating profit excluding larger one time items for the full year increased by 13 percent and for the fourth quarter by 9 percent1)
• EPS (basic) for the full year amounted to 9.67 SEK (8.30) and for the fourth quarter to 2.52 SEK (2.75)2)
• EPS (basic) for the full year, including discontinued operations and one time gains, amounted to 12.88 SEK (8.98)2)
• The Board proposes an increased dividend to 4.75 SEK (4.10)
1) Excluding the one time gain of 73 MSEK from sale of subsidiary and related assets in Q4 2008 but including restructuring charges for cigars of 45 MSEK in Q3 2009 and 29 MSEK in Q4 2009
2) Including the one time gain of 73 MSEK from sale of subsidiary and related assets in Q4 2008 and restructuring charges for cigars of 45 MSEK in Q3 2009 and 29 MSEK in Q4 2009
Sweden
Feb 2, 2010
1:58 PM CET
The new Onico+ is infused with extracts from Ginseng & Guarana. Onico+ also provide a completely unique and refreshing flavor with hints of tropical fruits that are reminiscent of delicious Amazonian flora.
Sweden
Feb 1, 2010
1:36 PM CET
Catch Collection continues to push the boundaries of taste. The new taste variety, Mellow, is probably the first snuff in the world with a taste of rhubarb.
Jan 15, 2010
7:30 AM CET
• Swedish Match to contribute all of its cigar business with the exception of US mass market cigars, as well as its remaining pipe tobacco and accessories businesses
• Scandinavian Tobacco Group to contribute all of its tobacco business (cigars, pipe tobacco and fine cut tobacco)
• Completion of the transaction is subject to due diligence by both parties, final transaction agreements, bondholder approval, and regulatory review and approval
Sweden
Nov 17, 2009
1:54 PM CET
Christmas toffee, rice pudding, mulled wine and saffron buns: Swedish Christmas celebrations are filled with taste experiences. Here comes one more in the form of Catch Collection Cozy – a new snus with the classic Swedish Christmas flavors of cardamom and cinnamon.
Sweden
Nov 9, 2009
3:49 PM CET
Swedish Match is taking over production and sales of the 1847 brand, on license from Philip Morris. Simultaneously, the format and design of 1847, Philip Morris’s flagship product in the snus category, will be refined and its recipe enhanced.
Sweden
Nov 4, 2009
8:00 AM CET
Air-dried tobacco from Guatemala, sun-dried tobacco from the province of Salta at the foothills of the Andes and a first-class, 23-year-old dark rum from Guatemala. These are the ingredients that form the basis of the most exclusive snus in the world – Kardus Superior Blend 2009.
Nov 2, 2009
10:30 AM CET
Swedish Match has on 30 October bought back 324,000 shares. The Company`s holding of own shares thereby amounts to 12,628,000 shares, corresponding to 5,03 percent of the total amount of shares and votes in the Company.
Nov 1, 2009
11:00 PM CET
In Universum’s annual career survey, which lists Sweden’s most attractive employers from the viewpoint of economists and engineers, Swedish Match was voted Newcomer of the Year by 11,000 sought-after young professionals.
Sweden
Sep 15, 2009
6:22 AM CET
Swedish Match’s longstanding snus brand Göteborgs Rapé is appreciated by consumers as much today as when manufacturing commenced in 1919. We are now renewing the design and adding a new brand symbol - GR´.
Sep 14, 2009
11:52 AM CET
Sep 10, 2009
10:00 PM CET
Meet Anders Carlberg, founder of Fryshuset and recipient of the 2009 Solstickan Award, a man deeply dedicated to helping challenged children in today’s society.
Aug 9, 2009
10:00 PM CET
Meet some of our tobacconists round the globe. They all share a passion for high quality products and the best customer service.
Jul 17, 2009
6:00 AM CET
• Sales for the second quarter increased by 16 percent to 3,666 MSEK (3,164)*
• In local currencies, sales for the second quarter increased by 2 percent*
• Operating profit for the second quarter increased by 30 percent to 899 MSEK (691)*
• In local currencies, operating profit for the second quarter increased by 13 percent*
• EPS (basic) for the second quarter amounted to 2.51 SEK (1.89)*
• EPS (basic) including discontinued operations for the second quarter, amounted to 2.68 SEK (2.04)
* Amounts exclude Swedish Match South Africa, which is separately reported as discontinued operations
Apr 30, 2009
6:00 AM CET
• Sales for the first quarter increased by 25 percent to 3,535 MSEK (2,818)
• In local currencies, sales for the first quarter increased by 10 percent
• Operating profit for the first quarter increased by 55 percent to 846 MSEK (547)
• In local currencies, operating profit for the first quarter increased by 35 percent
• EPS (basic) for the first quarter amounted to 2.27 SEK (1.36)
Apr 28, 2009
5:08 PM CET
Major items approved by today’s Annual General Meeting include:
• Dividend of 4.10 SEK per share
• Mandate to repurchase up to 10 percent of the shares in the Company
• Withdrawal of 4 million shares repurchased by the Company
Apr 1, 2009
9:15 AM CET
As of today, 1 April, the Swedish Match AB annual report for 2008 is available on www.swedishmatch.com.
Mar 30, 2009
8:01 AM CET
Tony Rickardsson is appointed Area Manager Eastern Europe for Swedish Match Continental Europe as from 1st October 2009. Tony will succeed Åke Wiktorsson who has together with its partner’s built a solid foundation of our key brands in the Eastern European region over the past 15 years.
Mar 23, 2009
9:50 AM CET
The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Tuesday April 28, 2009 at 16:30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.
Sweden
Mar 9, 2009
2:10 PM CET
General White Portion will be the role model for can designs.
Feb 18, 2009
7:00 AM CET
• Net sales for the fourth quarter increased to 3,628 MSEK (3,527) and 13,162 MSEK (12,551) for the full year
• Operating profit excluding larger one time items* for the fourth quarter increased to 864 MSEK (795) and 3,017 MSEK (2,730) for the full year
• Operating profit for the fourth quarter amounted to 937 MSEK (1,062) and 3,090 MSEK (2,997) for the full year
• EPS (basic) for the fourth quarter amounted to 2.91 SEK (3.04) and 8.98 SEK (7.82) for the full year
• The Board proposes an increased dividend to 4.10 SEK (3.50)
* In the fourth quarter 2008 there was a gain of 73 MSEK on the sale of a subsidiary in the UK and related assets. In the fourth quarter 2007 there was a gain of 267 MSEK on the sale of head office buildings in Stockholm.
Feb 3, 2009
7:01 AM CET
Swedish Match AB [publ] and Philip Morris International [NYSE/Euronext Paris: PM] (PMI) today announced that they have entered into an agreement to establish an exclusive joint venture company to commercialize Swedish Snus and other smokefree tobacco products worldwide, outside of Scandinavia and the United States.
Norway
Feb 2, 2009
1:55 PM CET
A new member of the popular General family is now being launched; a loose snus for those who want a strong tobacco flavor and more nicotine.
Sweden
Feb 2, 2009
1:50 PM CET
Chill, Fresh, Still and Cozy are the new flavors to be introduced during the year.
Jan 7, 2009
11:00 PM CET
A share of the sale price of every box of Solstickan-brand matches is allocated to the Solstickan Foundation - for the benefit of children and the elderly. Read about the non-profit association Arken pony farm in Malmö, Sweden, that was granted SEK 20,000 from Solstickan Foundation in order to start a partnership with the aim to stimulate disabled children.
Nov 28, 2008
9:01 AM CET
Swedish Match welcomes the government’s decision today to start a process aimed at ultimately lifting the ban on the export of Swedish snus to consumers within the European Union.
Nov 18, 2008
11:00 PM CET
With dedication and enthusiasm all employees at the North American facilities work for the development of environmental well-being. There is a long tradition of working with these issues as an integral part of daily business.
Nov 4, 2008
11:00 PM CET
Smokefree tobacco is one of the fastest-growing consumer categories in the US. Many players have endeavored to penetrate the market but few have succeeded. However, Swedish Match’s innovativeness is ideally suited for expansion in a dynamic market.
Sweden
Nov 4, 2008
11:44 AM CET
Starting this week, Sweden’s tobacconists will be offered a masculine, rich-tasting and full-bodied alternative – Grovsnus Black. As the name implies, the portions are black.
Oct 29, 2008
7:00 AM CET
• Net sales for the third quarter increased to 3,432 MSEK (3,272)
• In local currencies, net sales were 8 percent above the third quarter of 2007
• Operating profit for the third quarter increased to 864 MSEK (759)
• EPS (basic) for the third quarter increased by 39 percent to 2.63 SEK (1.89)
• We maintain our outlook for 2008 with improved sales and underlying operating profit for the Group compared to 2007. For further details refer to the outlook section in this report
Jul 18, 2008
6:00 AM CET
• Net sales for the second quarter increased to 3,284 MSEK (3,090)
• In local currencies, net sales were 12 percent above the same quarter of last year
• Operating profit for the second quarter increased to 733 MSEK (642)
• EPS for the second quarter increased by 22 percent to 2.02 SEK (1.66)
• We maintain our outlook for 2008 with improving sales and underlying operating profit for the Group compared to 2007. For further comments on the outlook please refer to page 9
Jul 11, 2008
10:26 AM CET
Richmond, VA — General Cigar Co. Inc. announced today that the United States District Court for the District of Nevada has ruled in its favor, granting its motion for summary judgment, awarding damages and permanently prohibiting the import, marketing, distribution and sale of infringing “COHIBA Caribbean’s Finest” cigars and rum.
May 18, 2008
10:00 PM CET
Less than 1.5 percent of the 107 million smokers in the EU have access to viable, pragmatic and consumer friendly alternatives to their cigarettes. They are simply left behind with a very challenging dilemma; quit or die.
May 18, 2008
10:00 PM CET
What is required to generate growth in a mature market? The answer is simple. Consumer insight, well-segmented and defined target groups andan instinct for future trends. Anna Neiås, Vice President Marketing, Swedish Match North Europe Division, is satisfied with developments to date.
May 17, 2008
10:00 PM CET
Aroma, flavor and an excellent tobacco balance are the main components used when producing flavors for new tobacco products.
May 13, 2008
6:00 AM CET
The Swedish Match Board of Directors has today appointed Lars Dahlgren, 37, as the new President and CEO of the Swedish Match Group effective June 1, 2008.
May 12, 2008
10:00 PM CET
Swedish Match’s snus operations in the Scandinavian market have been environmentally certified in accordance with ISO 14001 since 2003, and the company works actively on achieving environmental goals.
Apr 25, 2008
6:00 AM CET
• Net sales for the first quarter amounted to 2,818 MSEK (2,663)
• In local currencies, net sales for the first quarter increased by 10 percent
• Operating profit for the first quarter amounted to 543 MSEK (534)
• Net profit for the first quarter amounted to 341 MSEK (332)
• EPS for the first quarter amounted to 1.34 SEK (1.23)
• Significantly improved profitability in the Scandinavian snus business compared to the first quarter previous year
• US cigar business had a weak first quarter but sales and operating profit are expected to improve for the remainder of the year
Apr 24, 2008
1:50 PM CET
In the introduction, the correct investment amount is MSEK 265.
Swedish Match AB today announces an additional investment in its Kungälv snus production plant in Sweden. The investment of MSEK 265 is in response to the strong demand for snus in the portion packed format. The Kungälv plant is specialized in the Swedish Match unique “White Production Technology”, a white, dry portion packed snus with both regular and star formation filling of the cans.
Apr 24, 2008
10:30 AM CET
The Nick & Johnny snus is being launched in two new flavors, East and West, in an entirely new can. The product is aimed at adult male snus users – or smokers who regard snus as an alternative to smoking – and for the first time since 1967, the can is not traditionally round, but rectangular. The inspiration for the can comes from the hood of old American sport cars.
Sweden
Apr 24, 2008
10:30 AM CET
The Nick & Johnny snus is being launched in two new flavors, East and West, in an entirely new can. The product is aimed at adult male snus users – or smokers who regard snus as an alternative to smoking – and for the first time since 1967, the can is not traditionally round, but rectangular. The inspiration for the can comes from the hood of old American sport cars.
Apr 22, 2008
7:00 PM CET
Major items approved by today’s Annual General Meeting include:
• Dividend of 3.50 SEK per share
• Election of Karen Guerra to the Board
• Mandate to repurchase up to 10 percent of the shares in the Company
• Withdrawal of 12 million shares repurchased by the Company
• Re-election of KPMG Bohlins AB as auditor
Apr 2, 2008
2:25 PM CET
As of today, 2 April, the Swedish Match AB annual report for 2007 is available on www.swedishmatch.com.
Mar 26, 2008
1:07 PM CET
Rupini Bergstrom has been appointed Director International Media Relations & PR at the Swedish Match Group. Rupini Bergstrom will be responsible for Media Relations outside the Nordic region, with a special focus on the business and consumer media, while also supporting Swedish Match media and public relations efforts around the regulation of smoke-free products in the E.U.
Mar 18, 2008
7:51 AM CET
The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Tuesday April 22, 2008 at 16:30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.
Mar 18, 2008
7:30 AM CET
Swedish Match has on 17 March bought back 450,000 shares. The Company’s holding of own shares thereby amounts to 13,663,000 shares, corresponding to 5.1 percent of the total amount of shares and votes in the Company. The total amount of shares outstanding, including shares held in treasury, amounts to 267,000,000.
Mar 10, 2008
7:30 AM CET
At the upcoming Annual General Meeting of Swedish Match AB, to be held on April 22, 2008, the Nominating Committee will propose the following Board members to serve as Board of Directors of Swedish Match AB up to the Annual General Meeting 2009.
Mar 4, 2008
11:00 PM CET
Triumph snus, which is now being launched in the US, is the result of a partnership between Swedish Match and Lorillard Tobacco Company.
Mar 4, 2008
11:00 PM CET
Ten new products were launched during the last quarter 2007. Here are a few examples of the new cigars, snus and lighters.
Feb 20, 2008
7:15 AM CET
Sven Hindrikes, 57, has today advised the Board of Directors that he wishes to retire as President and CEO of Swedish Match AB during the course of 2008. The Board accepts his decision with regret and will now initiate a search process for his successor. Sven Hindrikes remains in his position until a new President and CEO has been appointed and will be available to support the transition process.
Feb 20, 2008
7:00 AM CET
• Net sales for the fourth quarter amounted to 3,527 MSEK (3,457) and 12,551 MSEK (12,911) for the full year
• Operating profit for the fourth quarter amounted to 1,062 MSEK (811) and 2,997 MSEK (3,285) for the full year
• Operating profit excluding larger one time items* for the fourth quarter amounted to 795 MSEK (811) and 2,730 MSEK (3,137) for the full year
• Net profit for the fourth quarter amounted to 791 MSEK (603), and 2,056 MSEK (2,335) for the full year
• EPS for the fourth quarter amounted to 3.04 SEK (2.19) and 7.82 SEK (8.13) for the full year
• Hoarding of snus in December 2007 and 2006 and adverse currency translation effects distort comparisons between the periods
• The Board proposes an increased dividend to 3.50 SEK (2.50)
* Larger one time items comprise a gain from the sale of head office buildings in Stockholm in Q4 2007 of 267 MSEK and a pension plan curtailment gain of 148 MSEK in Q2 2006.
Feb 18, 2008
9:00 AM CET
The scientific committee (SCENIHR, Standing Committee on Emerging and Newly Identified Health Risks) has been assigned by the European Commission to evaluate the health effects of smokeless tobacco products including Swedish snus. The committee has now presented the final version of its findings to the Commission.
- The committee confirms the significant health benefits of Swedish snus relative to cigarettes. The report therefore constitutes a reevaluation of Swedish snus within the European Union where the product is currently banned, except in Sweden, says Lars E Rutqvist, MD, Ph D, Vice President for Scientific Affairs, Swedish Match AB, Stockholm, Sweden, previously Professor of Oncology at the Karolinska Institute in Stockholm.
- The scientific debate about snus within the EU has come to an end, and the politicians must now decide on whether it is reasonable to continue to deny European smokers access to a dramatically less hazardous alternative to cigarettes, Rutqvist concludes.
Dec 14, 2007
9:00 AM CET
"Each year, speculation on what the Christmas gift of the year will be is keen. Kardus is definitely this year’s Christmas gift for the connoisseur who wants exceptionally exclusive snus," says Anna Lekander, Press Relations Manager, Swedish Match.
Sweden
Dec 14, 2007
9:00 AM CET
"Each year, speculation on what the Christmas gift of the year will be is keen. Kardus is definitely this year’s Christmas gift for the connoisseur who wants exceptionally exclusive snus," says Anna Lekander, Press Relations Manager, Swedish Match.
Dec 11, 2007
9:00 AM CET
Norway’s largest snus brand has now been supplemented with General Sterk, a snus product in a white-portion format. This production technique has been developed by Swedish Match and results in a gently dryer pouch product with a longer-lasting taste.
Nov 22, 2007
9:00 AM CET
One of the most characteristic consumer packages in Sweden is turning 40 years old. The round snus can, so common today, first saw the light of day in 1967. But at the time, it was a pretty large upheaval for diehard snus users.
Sweden
Nov 22, 2007
9:00 AM CET
One of the most characteristic consumer packages in Sweden is turning 40 years old. The round snus can, so common today, first saw the light of day in 1967. But at the time, it was a pretty large upheaval for diehard snus users.
Nov 14, 2007
9:00 AM CET
The snus Röda Lacket is changing design and being launched with 21 different tops and ten different banderoles. The design is based on an illustration that has been cut apart. Each part has then become a can top or banderole - with constantly changing patterns.
Sweden
Nov 14, 2007
9:00 AM CET
The snus Röda Lacket is changing design and being launched with 21 different tops and ten different banderoles. The design is based on an illustration that has been cut apart. Each part has then become a can top or banderole - with constantly changing patterns.
Norway
Nov 12, 2007
9:00 AM CET
Norway’s largest snus brand has now been supplemented with General Sterk, a snus product in a white-portion format. This production technique has been developed by Swedish Match and results in a gently dryer pouch product with a longer-lasting taste.
Nov 9, 2007
11:00 PM CET
Swedish Match has succeeded in increasing
sales of lighters in Turkey by over 140 percent
in just two years, based on an effective sales
strategy that involves balancing several
distribution channels against each other.
Where Cricket lighters are displayed at store
counters, they practically sell themselves,
according to Hakan Tuna, Managing Director
for Swedish Match International Division in
Turkey.
Nov 9, 2007
11:00 PM CET
Tony Rickardsson is one of Sweden's most famous and best-liked sportsmen. After six world championship titles in speedway and numerous prizes and awards, he has switched this year to car racing in the Porsche Carrera Cup Scandinavia. The cooperation with Swedish Match as principal sponsor will continue and as Rickardsson himself phrased it, they are "a perfect match." He is also one of Sweden's most well-known users of snus and his favorite is General Onyx by Swedish Match.
Nov 9, 2007
11:00 PM CET
In less than two years, the Scandinavian snus
market has changed and moved from one
to several segments. This change has been
caused by an increased interest in Swedish
snus and greater demand for new products. In North America,
different American snuff segments have existed since the mid-
1990s and a new segment in the US could be Swedish snus.
Nov 9, 2007
11:00 PM CET
Every day, Cricket lighters are used by approximately 200 million
people in more than 100 different countries. Cricket is one of Swedish
Match's most widely-spread brands characterized by quality, safety
and design.
Nov 6, 2007
11:00 PM CET
The US media is increasing its focus on Swedish snus, most recently in the International
Herald Tribune and The New York Times.
Oct 25, 2007
6:41 AM CET
Bullet 4 regarding Net profit was in error in previous version.
• Net sales for the third quarter amounted to 3,272 MSEK (3,261) and 9,024 MSEK (9,454) for the first nine months
• Operating profit for the third quarter amounted to 759 MSEK (808) and 1,935 MSEK (2,326*) for the first nine months
• Currency translation differences in the third quarter negatively affected sales and operating profit comparisons by 75 MSEK and 27 MSEK respectively
• Net profit for the third quarter amounted to 491 MSEK (627), and 1,264 MSEK (1,732) for the first nine months
• EPS for the third quarter amounted to 1.89 SEK (2.23) and 4.78 SEK (5.94) for the first nine months
• Cigars International Inc., a US based cigar business with annual sales of 400 MSEK, was acquired in September
* Excluding pension plan curtailment gain of 148 MSEK before tax in 2006
Oct 4, 2007
2:07 PM CET
The 2007 Annual General Meeting resolved that the Chairman of the Board shall be given a mandate to contact the company´s four largest shareholders and ask them each to appoint one representative to make up the Nominating Committee, together with the Chairman of the Board, for the period until a new Nominating Committee has been appointed in accordance with a mandate from the next Annual General Meeting.
Sep 5, 2007
1:02 PM CET
Patrik Andersson 44, has been appointed to the position of President North Europe Division, effective October 1, 2007. He will succeed Lars-Olof Löfman who takes up the position as Global head of Smoke free products.
Aug 16, 2007
6:08 AM CET
Swedish Match AB has agreed to acquire Cigars International, Inc., a privately held U.S. company that specializes in the direct marketing and sales of hand-made and machine-made premium cigars and related accessories. Cigars International employs approximately 100 people and had sales of approximately 400 MSEK for the twelve month period ending June 30, 2007.
Aug 15, 2007
10:00 PM CET
During this spring, one of Swedish
Match’s most classic brands
underwent a proper makeover.
Piccanell, a Swedish smokeless
chewing tobacco with origins
from the 17th century, was
renewed with a new design, new
packaging and two new flavors.
Aug 14, 2007
10:00 PM CET
The TOBACCO- AND NICOTINE-FREE portion-packed snus segment continues to
grow in Sweden. We are now launching a new flavor: Onico Juniper Berry.
Aug 14, 2007
10:00 PM CET
That snus is a significantly less harmful alternative to cigarettes is a viewpoint that is gaining a stronger foothold in the scientific community. One example is the scientific committee that recently evaluated the health effects of smokeless tobacco on behalf of the EU. In the May issue of the respected magazine, The Lancet, two scientists demanded that snus should be allowed where it is prohibited today.
Jul 20, 2007
6:11 AM CET
• Net sales for the second quarter amounted to 3,090 MSEK (3,242) and 5,752 MSEK (6,193) for the first six months
• Operating profit* for the second quarter amounted to 642 MSEK (784) and 1,176 MSEK (1,517) for the first six months
• US dollar and other currency translation differences in the second quarter negatively affected sales and operating profit comparisons by 105 MSEK and 25 MSEK respectively
• Net profit for the second quarter amounted to 441 MSEK (617), and 773 MSEK (1,105) for the first six months
• EPS for the second quarter amounted to 1.66 SEK (2.09) and 2.89 SEK (3.72) for the first six months
• Bogaert Cigars acquired at the end of the second quarter, with an annual turnover of 180 MSEK
* Excluding pension plan curtailment gain of 148 MSEK before tax in 2006
Jun 15, 2007
1:20 PM CET
• Portfolio consists of machine made cigars and cigarillos
• Primary markets are France, Germany, Netherlands, Belgium
• Bogart and Hollandia brands, as well as private label products
• Production in Belgium and Indonesia
• Annual turnover of approximately 20 MEUR
May 10, 2007
10:00 PM CET
The American snuff market is growing constantly, and demand is
increasing every year. As restrictions on smoking become more
widespread, more and more smokers are seeking smokeless
alternatives. Swedish Match is one of the players in this growing
market.
May 10, 2007
10:00 PM CET
Greatly simplified, production of
snus requires only tobacco, water and
salt. For Swedish Match, however,
the production of quality snus is an
advanced and highly technical process
that begins long before the tobacco
reaches the plant.
May 10, 2007
10:00 PM CET
An increasing number of researchers consider that smokeless products
are a good alternative for people who find it difficult to stop using
tobacco completely. Proponents of Harm Reduction, which is a
strategy for reducing the harmful effects of smoking, believe that there
are major health gains to be realized if smokers replace cigarettes with
significantly less harmful smokeless products.
May 10, 2007
10:00 PM CET
Swedish Match has nearly 20 different brands of snuff and snus, but Swedish golf pro Fredrik Jacobson knows which brand he prefers. “General is without a doubt my favorite snus, I have used it for 15 years,” says Fredrik Jacobson.
May 10, 2007
10:00 PM CET
With market shares of nearly 90 percent in Sweden and Norway,* Swedish
Match is the Scandinavian leader in the snus market. Despite increased
competition from international tobacco companies, Swedish Match has a
strong market-leading position. The key to success is an intense focus on
product development and continuous dialogue with customers.
May 9, 2007
8:00 AM CET
Bans on snus or overstated propaganda against the product are not a sound public-health policy, since cigarette smoking is the overshadowing health problem. This is the conclusion reached in today's issue of the respected medical journal The Lancet.
May 4, 2007
10:00 PM CET
"I always wondered why there weren’t any mahogany trees in Mahogany Valley, until I found out that the trees had been harvested for their valuable timber and to create arable land. We’ve just finished planting 20,000 mahogany plants that will grow and restore the natural flora," says Carlos Thomen proudly.
Apr 27, 2007
6:51 AM CET
• Sales for the first quarter amounted to 2,663 MSEK (2,951)
• A sharp increase in the excise tax for snus effective January 1, 2007, resulted in exceptionally low deliveries of snus to the Swedish market during the first quarter
• Operating profit for the first quarter amounted to 534 MSEK (733)
• Net profit for the first quarter amounted to 332 MSEK (488)
• EPS for the first quarter amounted to 1.23 SEK (1.62)
Mar 19, 2007
9:49 AM CET
The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Monday 23 April 2007 at 16:30 (CET) in Stockholm, Sweden.
Feb 14, 2007
7:51 AM CET
• Net sales for the fourth quarter amounted to 3,457 MSEK (3,500), and 12,911 MSEK (13,311) for the full year
• Operating income increased by 18% to 799 MSEK (678) for the fourth quarter and by 15% to 3,235 MSEK (2,825) for the full year
• Net income for the fourth quarter amounted to 602 MSEK (456), and 2,331 MSEK (1,777) for the full year
• EPS for the fourth quarter was up 48% to 2.18 SEK (1.47), and up 45% to 8.12 SEK (5.61) for the full year
• The Board proposes an increased dividend to 2.50 SEK (2.10)
Oct 25, 2006
6:33 AM CET
• Net sales for the third quarter amounted to 3,261 MSEK (3,461), and 9,454 MSEK (9,811) for the first nine months
• Operating income excluding larger one time items increased by 5% to 796 MSEK (756) for the third quarter and by 18% to 2,288 MSEK (1,941) for the first nine months
• Net income for the third quarter amounted to 626 MSEK (569), and 1,729 MSEK (1,321) for the first nine months
• EPS for the third quarter was up 23% to 2.22 SEK (1.81), and up 43% to 5.93 SEK (4.14) for the first nine months
Aug 17, 2006
10:00 PM CET
In autumn 1935, the idea was conceived of developing a special brand to place on ordinary boxes of matches, which would be sold at a higher price. The surplus would go to projects designed to serve the interests of children in the community. The man behind the idea was Mathias Hallgren, a director in Svenska Tandsticksbolaget´s sales company. The Solstickan Foundation was established in 1936.
Aug 3, 2006
8:48 AM CET
• Net sales for the second quarter amounted to 3,242 MSEK (3,384), and 6,193 MSEK (6,351) for the first six months
• Operating income amounted to 920 MSEK (647) for the second quarter and 1,640 MSEK (1,185) for the first six months
• Operating income, excluding a one time pension curtailment gain of 148 MSEK for the second quarter amounted to 772 MSEK and 1,492 MSEK for the first six months
• Net income for the second quarter amounted to 616 MSEK (405), and 1,103 MSEK (752) for the first six months
• EPS for the second quarter was 2.09 SEK (1.27), and 3.71 SEK (2.33) for the first six months
Aug 3, 2006
6:46 AM CET
• Net sales for the second quarter amounted to 3,242 MSEK (3,384), and 6,193 MSEK (6,351) for the first six months
• Operating income amounted to 920 MSEK (647) for the second quarter and 1,640 MSEK (1,185) for the first six months
• Operating income, excluding a one time pension curtailment gain of 148 MSEK for the second quarter amounted to 772 MSEK and 1,492 MSEK for the first six months
• Net income for the second quarter amounted to 616 MSEK (405), and 1,103 MSEK (752) for the first six months
• EPS for the second quarter was 2.09 SEK (1.27), and 3.71 SEK (2.33) for the first six months
Apr 28, 2006
8:55 AM CET
• First quarter net sales amounted to 2,951 MSEK (2,967)
• Excluding the effect of divested businesses, sales increased by 5%
• First quarter operating income amounted to 721 MSEK (538), up 34%
• First quarter net profit amounted to 487 MSEK (347), up 41%
• First quarter EPS amounted to 1.62 SEK (1.06), up 53%
Apr 4, 2006
8:37 AM CET
The Annual report has been published on www.swedishmatch.com.
Mar 23, 2006
10:17 AM CET
Mar 23, 2006
9:00 AM CET
Firebreak, a modern chewing-tobacco product previously only sold in Japan, is now available to Swedish cigarette smokers.
Feb 16, 2006
10:00 AM CET
Feb 15, 2006
9:44 AM CET
• Fourth quarter net sales were 3,500 MSEK (3,211), and full year sales were 13,311 MSEK (13,007)
• Fourth quarter operating income was 678 MSEK (508) and full year operating income was 2,825 MSEK (3,593)
• Operating income for the full year, excluding major one-time items, was 2,618 MSEK (2,312)
• Net profit for the fourth quarter was 456 MSEK (297), and for the full year was 1,777 MSEK (2,084)
• Fourth quarter EPS was 1.47 SEK (0.86), and full year EPS was 5.61 SEK (6.18)
• The Board proposes an increased dividend to 2.10 SEK (1.90)
Jan 10, 2006
9:53 AM CET
The restructuring plan of the match operations is now completed. The aim of the plan has been to divest or close match operations with low profitability and lack of strategic fit with other product areas. The Company previously announced the closure of the match factory in Valencia, Spain and the divestment of the majority holding in the Indian match company Wimco Ltd. In addition to these earlier announced measures, two fully owned operations have been sold, a letter of intent has been signed regarding the divestment of another operation, and an associated company was sold. Also, the remaining minority shareholding of Wimco Ltd. has been sold, and an announcement has been made with regard to the closure of another match factory.
Sweden
Dec 2, 2005
3:11 PM CET
Sweden
Oct 25, 2005
11:02 AM CET
Oct 25, 2005
9:22 AM CET
• Third quarter net sales were 3,461 MSEK (3,419), and nine month sales were 9,811 MSEK (9,797)
• Operating income amounted to 953 MSEK (454) for the third quarter and 2,118 MSEK (3,061) for the first nine months
• Operating income, excluding major one time items, for the third quarter amounted to 747 MSEK compared with 694 MSEK previous year and 1,912 MSEK (1,779) for the first nine months
• Net profit for the third quarter amounted to 562 MSEK (219), and nine month net profit was 1,301 MSEK (1,770)
• Third quarter EPS was 1.79 SEK (0.63), and nine month EPS was 4.08 SEK (5.26)
Jul 21, 2005
6:47 AM CET
• Sales were 6,351 MSEK (6,377)
• In local currencies, sales were up 1%
• Operating income amounted to 1,166 MSEK (1,086 MSEK year ago excluding settlement income from UST of 1,521 MSEK)
• Net profit for the period amounted to 738 MSEK (670 MSEK year ago excluding settlement income from UST of 881 MSEK)
• EPS amounted to 2.28 SEK (1.95 SEK year ago excluding settlement income)
May 1, 2005
10:00 PM CET
The net effects of changes in tobacco habits in Sweden are positive from a health viewpoint, since smoking is so much more damaging to health than snus. "The current situation is that while we cannot exclude risks associated with snus, they are minimal compared with those from smoking."
Apr 20, 2005
10:11 AM CET
Mar 22, 2005
12:51 PM CET
Feb 22, 2005
11:00 PM CET
Operations developed favorably during 2004 and sales increased by 3 percent in local currencies. Volumes increased, particularly for cigars, as well as snus. Operating income increased and was affected by several items of a nonrecurring nature. The settlement with UST at the beginning of the year resulted in an income item of 1.5 billion SEK before tax, while write-downs, allocations to reserve and costs for rationalization measures were charged against earnings. Earnings per share rose to 5.61 SEK (4.68), and the Board of Directors has decided to propose that the dividend for the year be increased to 1.90 SEK (1.70).
Feb 11, 2005
11:09 AM CET
• Sales in Swedish Crowns were 13,007 MSEK (13,036). In local currencies, sales were up 3%
• Operating income amounted to 3,370 MSEK (2,224)
• Operating income includes income of 1,521 MSEK from settlement with UST and expenses of 240 MSEK from match impairment charges and provisions
• Net profit amounted to 1,828 MSEK (1,558)
• EPS increased to 5.61 SEK (4.68)
• The Board proposes an increased dividend to 1.90 SEK (1.70)
USA
Nov 30, 2004
7:45 AM CET
Nov 18, 2004
11:00 PM CET
He is CEO of the Nordic region's largest confectionery company and also a new member of Swedish Match's Board of Directors. With his long experience of working with fast-moving consumer goods, Karsten Slotte has much to bring to Swedish Match's Board work. But he personally thinks he also has a lot to learn and that the relationship will be mutually beneficial.
Nov 18, 2004
11:00 PM CET
Aug 27, 2004
12:18 PM CET
Jul 6, 2004
10:00 PM CET
When Klaus Unger resigns from the Board in connection to this year's Annual General Meeting, he will be able to look back on a 46-year career in the Swedish tobacco industry.
He has made a substantial contribution to making Swedish Match what it is today, an international
company with a clear and consistent strategy focusing on smokeless products. And he is confident about the Company's prospects.
Jun 23, 2004
11:48 AM CET
Apr 26, 2004
8:58 AM CET
• Sales were 3,002 MSEK (3,006)
• In local currencies, sales were up 5%
• Operating income excluding gain from settlement with UST and certain one time costs amounted to 535 MSEK (516)
• Net profit for the period amounted to 1,091 MSEK (337), including gain from settlement with UST
• EPS increased to 3.32 SEK (0.99), of which settlement with UST accounts for 2.50 SEK
Mar 19, 2004
11:49 AM CET
Feb 11, 2004
10:40 AM CET
Jan 31, 2004
11:00 PM CET
Focus on reducing the harmful effects of smoking and save lives! Under this slogan, a number of respected researchers are challenging the prevailing opinions of health policy-makers and tobacco critics worldwide. Forty years after the risks of smoking became known, anti-smoking campaigns have had only limited success. Hopes of eliminating tobacco use in society in the foreseeable future seem increasingly unrealistic.
Nov 27, 2003
11:00 PM CET
A totally new workplace is always a pleasure for a municipality.
Nov 26, 2003
11:00 PM CET
At 11:00 a.m. on January 11, 2001, the ground was broken for what is now Swedish Match's unique new snus plant in Kungälv, near Gothenburg. Not only is the Kungälv plant the world's most advanced snuff-production plant, but construction of the plant was also carried out substantially more rapidly than scheduled, based on a concept unique to Swedish Match. The inauguration in September was the symbolic culmination of many years of dedicated research and development work within Swedish Match.
Jul 23, 2003
10:01 AM CET
Jun 24, 2003
10:00 PM CET
Snuff has its origins in North America and spread to Europe via Columbus. The use of nasal snuff flourished at the influential French court and was quickly copied by the upper classes at many Central European courts. In Sweden, snus habits changed at the beginning of the 19th century, when placing moist snus under the upper lip became a widespread practice.
May 14, 2003
10:00 PM CET
With its new products in the Solstickan family, the grill bag and the disposable grill, Swedish Match will be making barbecues simpler and more convenient this summer. The lightable grill bag is a totally new concept. No soot from the bag to blacken everything, and no need to use barbecue lighter fluid. In addition, SEK 0.20 goes to the Solstickan Fund for every bag or grill sold.
Apr 10, 2003
10:00 PM CET
Since the end of the 1950s, Swedish Match has been contributing financially to research on the effects of tobacco use. The money, which is distributed by the Swedish Medical Advisory Council, has supported a number of high-quality projects. An example is research into the link between smoking during pregnancy and sudden infant death syndrome, an area in which Swedish research is world-leading.
Feb 11, 2003
10:48 AM CET
Jan 7, 2003
11:00 PM CET
In a health context, the role of snuff (snus) as a significantly better alternative to cigarette smoking has created attention at a number of major international conferences during the past half year. The experiences cited have mainly derived from Sweden.
Oct 23, 2002
10:00 PM CET
Sep 15, 2002
10:00 PM CET
With inventiveness and stubbornness Jacob Fredrik Ljunglöv succeeded in establishing »Ettan« (»The One«) as the first »nationwide« snuff in Sweden. Railroad laborers who carried the snuff with them as they moved along were successful marketers. But even Pope Leo XIII liked the taste. »Ettan«, which celebrates its 180th birthday this year, is one of Sweden's oldest active brands and as Swedish as a Midsummer maypole.
Jun 2, 2002
10:00 PM CET
The ban on sales of Swedish snuff, snus, is arbitrary, unreasonable and discriminatory, and conflicts with the EUs fundamental principle concerning the free movement of goods. This was the opinion expressed by Bo Aulin, Swedish Match General Counsel and Senior Vice President, Corporate Affairs, at the Groups capital market day in Gothenburg on February 15.
Apr 15, 2002
10:00 PM CET
Feb 12, 2002
11:00 PM CET
Feb 12, 2002
11:18 AM CET
Oct 18, 2001
11:57 AM CET
Jul 23, 2001
10:00 PM CET
Jul 16, 2001
12:18 PM CET
Apr 23, 2001
10:00 PM CET
Mar 18, 2001
11:00 PM CET
Mar 11, 2001
11:00 PM CET
Dec 14, 2000
11:00 PM CET
Dec 13, 2000
11:00 PM CET
Oct 26, 2000
10:00 PM CET
Oct 25, 2000
10:00 PM CET
Sep 18, 2000
10:00 PM CET
Jul 30, 2000
10:00 PM CET
Jul 24, 2000
10:00 PM CET
Jun 27, 2000
10:00 PM CET
Jun 26, 2000
10:00 PM CET
Jun 25, 2000
10:00 PM CET
Jun 22, 2000
10:00 PM CET
Jun 21, 2000
10:00 PM CET
Jun 20, 2000
10:00 PM CET
Jun 19, 2000
10:00 PM CET
Jun 18, 2000
10:00 PM CET
Jun 13, 2000
10:00 PM CET
Jun 12, 2000
10:00 PM CET
May 10, 2000
10:00 PM CET
Apr 26, 2000
10:00 PM CET
Apr 16, 2000
10:00 PM CET
Apr 11, 2000
10:00 PM CET
Feb 10, 2000
11:00 PM CET
Jan 19, 2000
11:00 PM CET
Dec 20, 1999
11:00 PM CET
Oct 28, 1999
10:00 PM CET
Oct 28, 1999
10:00 PM CET
Sep 19, 1999
10:00 PM CET
Aug 31, 1999
10:00 PM CET
Jul 26, 1999
10:00 PM CET
May 30, 1999
10:00 PM CET
May 30, 1999
10:00 PM CET
May 18, 1999
10:00 PM CET
Apr 25, 1999
10:00 PM CET
Apr 15, 1999
10:00 PM CET
Apr 14, 1999
10:00 PM CET
Mar 25, 1999
11:00 PM CET
Mar 25, 1999
11:00 PM CET
Feb 22, 1999
11:00 PM CET
Feb 22, 1999
11:00 PM CET
Feb 11, 1999
11:00 PM CET
Feb 11, 1999
11:00 PM CET
Jan 31, 1999
11:00 PM CET
Jan 25, 1999
11:00 PM CET
Jan 18, 1999
11:00 PM CET
Jan 12, 1999
11:00 PM CET
Dec 20, 1998
11:00 PM CET
Nov 12, 1998
11:00 PM CET
Oct 22, 1998
10:00 PM CET
Jun 25, 1998
10:00 PM CET
Jun 21, 1998
10:00 PM CET
May 13, 1998
10:00 PM CET
Apr 21, 1998
10:00 PM CET
Mar 24, 1998
11:00 PM CET
Feb 23, 1998
11:00 PM CET
Dec 16, 1997
11:00 PM CET
Nov 30, 1997
11:00 PM CET
Nov 26, 1997
11:00 PM CET
Nov 22, 1997
11:00 PM CET
Sep 20, 1997
10:00 PM CET
Sep 20, 1997
10:00 PM CET
Jun 26, 1997
10:00 PM CET
May 29, 1997
10:00 PM CET
Sep 25, 1996
10:00 PM CET