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September 01, 2015 11:07 AM ET

Tobacco

Company Overview of Scandinavian Tobacco Group A/S

Company Overview

Scandinavian Tobacco Group A/S manufactures and sells cigars and pipe tobacco worldwide. It operates through five segments: Handmade Cigars, Machine-Made Cigars, Pipe Tobacco, Fine-Cut Tobacco, and Other. The Handmade Cigars segment offers handmade cigars under the Cohiba, Partagas, Macanudo, CAO, Punch, Hoyo de Monterrey, La Gloria Cubana, Foundry, Don Tomas, and Sancho Panza brands through general cigar, and online and catalogue retailer, as well as through direct-to-consumer channels. The Machine-Made Cigars segment provides machinemade and little cigars under the La Paz, Henri Wintermans, Petit, Café Crème, Captain Black, Mercator, Talon, Break, and Moments brands. The Pipe Tobacco segme...

Sydmarken 42

Soeborg

Copenhagen,  2860

Denmark

Founded in 1750

8,400 Employees

Phone:

45 39 55 62 00

Key Executives for Scandinavian Tobacco Group A/S

Chief Executive Officer and Member of Executive Board
Age: 51
Group Chief Financial Officer and Member of the Executive Board
Age: 48
President of Cigars International and Member of The Executive Board
Age: 60
President of General Cigar and Member of The Executive Board
Age: 52
Executive Vice President of Special Projects and Member of Executive Board
Age: 60
Compensation as of Fiscal Year 2015.

Scandinavian Tobacco Group A/S Key Developments

Scandinavian Tobacco Group A/S Announces Consolidated Earnings Results for the Six Months Ended June 30, 2015

Scandinavian Tobacco Group A/S announced consolidated earnings results for the six months ended June 30, 2015. For the six months, the company announced sales of DKK 3,225 million compared to DKK 2,847 million for the same period a year ago. Operating profit was DKK 497 million compared to DKK 379 million for the same period a year ago. Net profit for the period was DKK 354 million compared to DKK 253 million for the same period a year ago. EBITDA was DKK 638 million compared to DKK 507 million for the same period a year ago.

Scandinavian Tobacco Group Announces Earnings Results for the First Quarter Ended March 31, 2015

Scandinavian Tobacco Group announced earnings results for the first quarter ended March 31, 2015. Sales for STG increased by 13% to DKK 1,477 million against DKK 1,310 million a year ago. Sales were affected by positive development for handmade cigars and machine made cigars offset by lower sales in other product areas. Reported EBITDA for the period increased to DKK 263 million against DKK 221 million a year ago. In addition to positive currency impacts, the improvement was also driven by the contribution from Verellen with realized synergies according to plan, and by costs of a temporary nature in the prior year. Net profit for the period was DKK 148 million against DKK 75 million a year ago. EBITDA was DKK 263 million against DKK 221 million a year ago.

Swedish Match Fails To Sell Stake In Scandinavian Tobacco Group

The plans for the sale of Swedish Match AB (OM:SWMA)'s 49% stake in Scandinavian Tobacco Group A/S has come to nothing.

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