Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last kr263.40 SEK
Change Today +1.60 / 0.61%
Volume 190.2K
SWMA On Other Exchanges
Symbol
Exchange
Stockholm
OTC US
Frankfurt
As of 10:41 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

swedish match ab (SWMA) Snapshot

Open
kr262.00
Previous Close
kr261.80
Day High
kr264.40
Day Low
kr262.00
52 Week High
01/29/15 - kr275.80
52 Week Low
10/16/14 - kr213.40
Market Cap
51.8B
Average Volume 10 Days
583.3K
EPS TTM
kr14.35
Shares Outstanding
196.5M
EX-Date
04/24/15
P/E TM
18.4x
Dividend
kr7.50
Dividend Yield
2.86%
Current Stock Chart for SWEDISH MATCH AB (SWMA)

Related News

No related news articles were found.

swedish match ab (SWMA) Related Businessweek News

View More BusinessWeek News

swedish match ab (SWMA) Details

Swedish Match AB (publ) develops, manufactures, markets, and sells smokeless tobacco products, lights, and other tobacco products worldwide. The company operates through four segments: Snus and Moist Snuff, Other Tobacco Products, Lights, and Other Operations. The Snus and Moist Snuff segment offers smokeless tobacco products under the General, Ettan, Grov, Göteborgs Rapé, Catch, Kaliber, Kronan, Nick & Johnny, The Lab, Longhorn, and Timber Wolf brand names. The Other Tobacco segment provides cigars under the White Owl, Garcia y Vega, and Game by Garcia y Vega brand names; and chewing tobacco products under the Red Man and Southern Pride brand names. The Lights segment offers matches under the Solstickan, Fiat Lux, Swan, Tres Estellas, Feudor, and Redheads brand names; and lighters under the Cricket brand name. The Other Operations segment primarily distributes tobacco products. The company markets its match products through supermarkets, convenience stores, tobacconists, gasoline stations, bars, and restaurants; and travel retail outlets, including airports and ferries. Swedish Match AB (publ) was founded in 1915 and is headquartered in Stockholm, Sweden.

4,395 Employees
Last Reported Date: 03/20/15
Founded in 1915

swedish match ab (SWMA) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

swedish match ab (SWMA) Key Developments

Swedish Match AB Announces Consolidated Earnings Results for the Second Quarter and Six Months and Parent Company Earnings Results for the Six Months Ended June 30, 2015; Provides Earnings Guidance for the Full Year of Fiscal 2015

Swedish Match AB announced consolidated earnings results for the second quarter and six months and parent company earnings results for the six months ended June 30, 2015. For the quarter, on consolidated basis, the company announced sales of SEK 3,644 million compared to SEK 3,339 million for the same period a year ago. Operating profit was SEK 1,021 million compared to SEK 941 million for the same period a year ago. Profit before income tax was SEK 906 million compared to SEK 816 million for the same period a year ago. Profit for the period was SEK 705 million compared to SEK 651 million for the same period a year ago. Net profit attributable to equity holders of the parent company was SEK 705 million compared to SEK 651 million for the same period a year ago. Earnings per share, diluted were SEK 3.62 compared to SEK 3.27 for the same period a year ago. Adjusted earnings per share, diluted were SEK 3.79 compared to SEK 3.27 for the same period a year ago. EBITDA was SEK 1,143 million compared to SEK 1,013 million for the same period a year ago. For the six months, on consolidated basis, the company announced sales of SEK 7,011 million compared to SEK 6,353 million for the same period a year ago. Operating profit was SEK 2,035 million compared to SEK 1,798 million for the same period a year ago. Profit before income tax was SEK 1,805 million compared to SEK 1,547 million for the same period a year ago. Profit for the period was SEK 1,426 million compared to SEK 1,231 million for the same period a year ago. Net profit attributable to equity holders of the parent company was SEK 1,426 million compared to SEK 1,231 million for the same period a year ago. Earnings per share, diluted were SEK 7.30 compared to SEK 6.18 for the same period a year ago. Adjusted earnings per share, diluted were SEK 7.18 compared to SEK 6.18 for the same period a year ago. Net cash from operating activities was SEK 1,741 million compared to SEK 1,921 million for the same period a year ago. Purchase of property, plant and equipment was SEK 139 million compared to SEK 134 million for the same period a year ago. Purchase of intangible assets was SEK 7 million. Net debt was SEK 8,412 million compared to SEK 8,214 million for the same period a year ago. EBITDA was SEK 2,236 million compared to SEK 1,942 million for the same period a year ago. For the six months, on parent company basis, the company announced sales of SEK 18 million compared to SEK 22 million for the same period a year ago. Operating loss was SEK 86 million compared to SEK 73 million for the same period a year ago. Profit before income tax was SEK 184 million compared to loss before income tax of SEK 86 million for the same period a year ago. Profit for the period was SEK 292 million compared to SEK 41 million for the same period a year ago. The company provided earnings guidance for the full year of fiscal 2015. The company announced that generates a substantial share of its sales and operating profit in the US. based on current exchange rates and particularly the stronger US dollar, currency translation effects on sales and operating profit in 2015 are expected to be positive. Due to the relatively high corporate income tax rate in the US, the strengthening of the US dollar is likely to put upward pressure on the effective corporate tax rate of the group in 2015 compared to 2014.

Swedish Match and Philip Morris International to Dissolve Smokeless Joint Venture

Swedish Match and Philip Morris International 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. The joint venture SMPM International (owned on a 50/50 basis by Swedish Match and PMI) was established in 2009 with an aim to commercialize snus outside Scandinavia and the US. Within the scope of the joint venture Swedish Match has developed and produced snus products which have then been sold through the PMI organization. Both companies have licensed trademarks to the joint venture. The joint venture most recently has been selling snus in Canada, Russia, Israel and Malaysia. Costs for joint venture activities have been shared 50/50. Swedish Match and PMI will now focus on independent strategies for the commercialization of snus in the former joint venture territory. Trademark licenses will revert to the original owners, and separate transitional agreements have been signed whereby Swedish Match will supply snus products to PMI for certain markets and PMI will perform distribution services on behalf of Swedish Match in Canada and in Russia.

Swedish Match AB Announces Consolidated and Parent Company Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for 2015

Swedish Match AB announced consolidated and parent company earnings results for the first quarter ended March 31, 2015. On consolidated basis, sales for the first quarter increased by 12% to SEK 3,368 million against SEK 3,014 million a year ago. In local currencies, sales increased by 1%. Operating profit amounted to SEK 1,014 million for the first quarter against SEK 858 million a year ago. The operating profit was positively affected by an adjustment of the share of net profit in Scandinavian Tobacco Group (STG) of SEK 56 million relating to a reassessment of useful lives primarily of trademarks in STG. EPS (basic) for the first quarter amounted to SEK 3.68 against SEK 2.91 a year ago. EPS (basic) excluding the STG adjustment amounted to SEK 3.40 against SEK 2.91 a year ago. Profit before income tax was SEK 900 million against SEK 732 million a year ago. Profit for the period was SEK 721 million against SEK 580 million a year ago. Earnings per share, diluted excluding STG adjustment was SEK 3.39 against SEK 2.91 a year ago. Net cash from operating activities was SEK 963 million against SEK 1,027 million a year ago. Purchase of property, plant and equipment was SEK 52 million against SEK 56 million a year ago. Purchase of intangible assets was SEK 6 million. The cash flow from operations decreased compared to the prior year mainly as a result of lower cash flow from changes in working capital. Cash flow from changes in working capital was negatively impacted by timing effects. EBITDA was SEK 1,093 million against SEK 930 million a year ago. The net debt as of March 31, 2015 amounted to SEK 7,548 million compared to SEK 7,533 million at March 31, 2014. EBITA was SEK 1,025 million against SEK 868 million a year ago. Excluding share of net profit in Scandinavian Tobacco Group, EBITA was SEK 877 million against SEK 820 million a year ago. On parent company basis, sales were SEK 13 million, operating loss was SEK 72 million, loss before income tax was SEK 198 million and loss for the period was SEK 144 million against sales of SEK 12 million, operating loss of SEK 32 million, loss before income tax of SEK 288 million and loss for the period of SEK 255 million for the same period a year ago. Based on current exchange rates and particularly the stronger US dollar, currency translation effects on sales and operating profit in 2015 are expected to be positive. Due to the relatively high corporate income tax rate in the US, the strengthening of the US dollar is likely to put upward pressure on the effective corporate tax rate of the Group in 2015 compared to 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SWMA:SS kr263.40 SEK +1.60

SWMA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
British American Tobacco Bangladesh Co Ltd 3,020 -3.70
Imperial Tobacco Group PLC 3,368 GBp +19.00
View Industry Companies
 

Industry Analysis

SWMA

Industry Average

Valuation SWMA Industry Range
Price/Earnings 17.5x
Price/Sales 3.5x
Price/Book 413.0x
Price/Cash Flow 17.5x
TEV/Sales 2.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SWEDISH MATCH AB, please visit www.swedishmatch.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.