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Swedish Match AB

SWMA.ST

Latest Trade

614.00SEK

Change

3.80(+0.62%)

Volume

748,587

Today's Range

602.80

 - 

614.80

52 Week Range

484.80

 - 

749.00

As of on the Stockholm Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Swedish Match Q4 Operating Profit Up At 1.65 Bln

Feb 10 (Reuters) - Swedish Match AB <SWMA.ST>::PROPOSES AN INCREASED DIVIDEND OF 15.00 SEK PER SHARE.IN LOCAL CURRENCIES, SALES INCREASED BY 15 PERCENT FOR Q4 AND BY 17 PERCENT FOR FULL YEAR.PROFIT AFTER TAX AMOUNTED TO 1,244 MSEK (756) FOR Q4.Q4 SALES SEK 4.14 BILLION VERSUS SEK 4.11 BILLION SEEN IN REFINITIV POLL.OPERATING PROFIT AMOUNTED TO 1,650 MSEK (1,098) FOR Q4.REPORTED OPERATING PROFIT FROM PRODUCT SEGMENTS INCREASED BY 12 PERCENT TO 1,695 MSEK (1,520) FOR Q4.AT LEAST FOR THE FIRST HALF OF 2021, SWEDISH MATCH EXPECTS A SIGNIFICANT NEGATIVE CURRENCY TRANSLATION EFFECT TO AFFECT THE SALES AND EARNINGS COMPARISONS VERSUS 2020.SWEDISH MATCH EXPECTS ITS BUSINESS TO REMAIN LARGELY RESILIENT TO MATERIAL NEGATIVE COVID-19 RELATED EFFECT.FOR 2021, SWEDISH MATCH EXPECTS CONTINUED MARKET GROWTH FOR SMOKEFREE PRODUCTS, MOST NOTABLY DRIVEN BY RAPID GROWTH OF NICOTINE POUCHES.BOARD ALSO PROPOSES A 10:1 SPLIT OF SWEDISH MATCH SHARE.

Swedish Match Q3 Oper Profit Up At SEK 2.02 Bln

Oct 27 (Reuters) - Swedish Match AB <SWMA.ST>::INTERIM REPORT JANUARY - SEPTEMBER 2020.ESTIMATE THAT COVID19 RELATED EFFECTS HAD A NOTABLY POSITIVE NET IMPACT ON GROUP EARNINGS, THE UNDERLYING FINANCIAL DEVELOPMENT ACROSS OUR PRODUCT SEGMENTS WAS STRONG.IMPRESSIVE PERFORMANCE FOR ZYN IN THE US CONTINUED TO BE THE KEY CONTRIBUTOR TO PROFIT GROWTH.REFINITIV POLL: Q3 REVENUE SEEN AT SEK 4.10 BILLION, Q3 EBIT AT SEK 1.73 BILLION, Q3 NET PROFIT AT SEK 1.28 BILLION.FOR THIS QUARTER WE ALSO NOTED A SIGNIFICANT UPTURN IN OPERATING PROFIT FOR OUR US CIGAR BUSINESS, AS WELL AS FOR OUR SCANDINAVIAN SMOKEFREE BUSINESS.CIGAR OPERATIONS IN THE DOMINICAN REPUBLIC HAVE FACED THE MOST CONCRETE CHALLENGES.THE ESTIMATED COVID-19 RELATED EFFECTS ON SALES ALSO HAD A NOTABLY POSITIVE IMPACT ON THE OPERATING PROFIT DURING THE QUARTER..IN THE SCANDINAVIAN SMOKEFREE BUSINESS, OVERALL DEMAND HAS HELD UP VERY WELL DESPITE LOWER VOLUMES SUPPLIED TO FINNISH CONSUMERS.Q3 PROFIT AFTER TAX SEK 1.19 BILLION VERSUS SEK 1.18 BILLION YEAR AGO.IN LOCAL CURRENCIES, SALES FOR THE SMOKEFREE PRODUCT SEGMENT INCREASED BY 30 PERCENT IN Q3 , WITH GROWTH COMING FROM BOTH THE US AND SCANDINAVIA..Q3 SALES SEK 4.40 BILLION VERSUS SEK 4.10 BILLION SEEN IN REFINITIV POLL.Q3 OPERATING PROFIT SEK 2.02 BILLION VERSUS SEK 1.59 BILLION YEAR AGO.Q3 SMOKEFREE OPERATING MARGIN AT 53.5%.EXPECTS THAT THE TREND OF INCREASED INTEREST FROM CONSUMERS, INDUSTRY PARTICIPANTS AND REGULATORS IN LESS HARMFUL ALTERNATIVES TO CIGARETTES WILL CONTINUE..

Swedish Match Q2 Oper Profit Up At SEK 1.67 Bln

July 17 (Reuters) - Swedish Match AB <SWMA.ST>::HALF YEAR REPORT JANUARY - JUNE 2020.IN LOCAL CURRENCIES, SALES INCREASED BY 11 PERCENT FOR Q2..OPERATING PROFIT AMOUNTED TO 1,666 MSEK (1,434) FOR Q2.REPORTED SALES INCREASED BY 11 PERCENT TO 4,133 MSEK (3,719)..PROFIT AFTER TAX AMOUNTED TO 1,227 MSEK (1,080) FOR Q2.FULL YEAR 2020 OUTLOOK (UNCHANGED).Q2 SMOKEFREE OPERATING MARGIN 48.3% VERSUS 46.0% YEAR AGO.TO DATE, OTHER THAN THE DEFERRAL OF TAX PAYMENTS IN THE US, NO MATERIAL GOVERNMENTAL SUBSIDIES OR CONCESSIONS RELATED TO COVID-19 HAVE BEEN SOUGHT OR RECEIVED BY SWEDISH MATCH.DELIVERED A STRONG FINANCIAL RESULT IN THE SECOND QUARTER, LED BY ANOTHER IMPRESSIVE PERFORMANCE BY ZYN NICOTINE POUCHES IN THE US.THE STRENGTH OF THE SECOND QUARTER PERFORMANCE WAS LARGELY ATTRIBUTABLE TO THE CONTINUED SUCCESS OF ZYN IN THE US, WITH SHIPMENTS IN THE FIRST HALF OF THE YEAR ALREADY EXCEEDING TOTAL SHIPMENTS FOR 2019.LIGHTS SEGMENT DELIVERED A SOLID FINANCIAL PERFORMANCE BENEFITING FROM STRONG MATCH VOLUMES, FAVORABLE MIX, AND COST CONTROLS WITHIN LIGHTERS.SHIPMENT VOLUMES FOR OUR SCANDINAVIAN SMOKEFREE BUSINESS DECLINED IN THE QUARTER VERSUS THE PRIOR YEAR AS DELIVERIES TO TRAVEL RETAIL AND BORDER TRADE OUTLETS WERE SEVERELY IMPACTED BY COVID-19 TRAVEL RESTRICTIONS..SALES FOR SCANDINAVIAN SMOKEFREE BUSINESS INCREASED ON POSITIVE PRICE AND MIX EFFECTS, FAVORABLY IMPACTED BY HIGH VOLUMES SOLD TO DOMESTIC MARKET IN NORWAY.

Anders Larsson appointed new CFO Swedish Match

May 4 (Reuters) - Swedish Match AB <SWMA.ST>::SWEDISH MATCH ANNOUNCES ORGANIZATIONAL CHANGES.SWEDISH MATCH AB SAYS SWEDISH MATCH AB ANNOUNCED TODAY THAT RICH FLAHERTY HAS DECIDED TO RETIRE FROM HIS POSITION AS PRESIDENT, US DIVISION, EFFECTIVE OCTOBER 2, 2020.SWEDISH MATCH AB SAYS TOM HAYES WILL TRANSITION FROM HIS CURRENT POSITION AS GROUP CFO, EFFECTIVE AUGUST 1, 2020, TO TAKE ON ROLE OF PRESIDENT, US DIVISION.SWEDISH MATCH AB SAYS EFFECTIVE AUGUST 1, 2020, ANDERS LARSSON WILL BE APPOINTED CFO OF SWEDISH MATCH GROUP.

Swedish Match Q1 Operating Profit Up At SEK 1.59 Bln

April 27 (Reuters) - Swedish Match AB <SWMA.ST>::INTERIM REPORT JANUARY - MARCH 2020.NET EFFECT ON REVENUE AND RESULTS FROM COVID-19 IMPACTS WERE POSITIVE IN Q1.Q1 IN LOCAL CURRENCIES, SALES FROM PRODUCT SEGMENTS INCREASED BY 21 PERCENT FOR Q1.NET EFFECT ON REVENUE AND RESULTS FROM COVID-19 IMPACTS WERE POSITIVE IN Q1 BUT ARE EXPECTED TO BECOME NEGATIVE IN Q2..Q1 REPORTED SALES INCREASED BY 24 PERCENT TO 4,029 MSEK (3,258)..OPERATING PROFIT AMOUNTED TO 1,594 MSEK (1,190) FOR Q1..PROFIT AFTER TAX AMOUNTED TO 1,161 MSEK (880) FOR Q1..FULL YEAR 2020 OUTLOOK UNCHANGED.WE ANTICIPATE SEVERAL AREAS THAT WILL NEGATIVELY IMPACT OUR SECOND QUARTER FINANCIAL RESULTS.EXPECT HOARDING OF PRODUCTS IN US MARKET TO PARTIALLY REVERSE AS DISTRIBUTORS BECOME MORE CONFIDENT OF OUR ABILITY TO MEET DEMAND..OUR EXPECTATION IS THAT THE BORDER AND TRAVEL RETAIL CLASSES OF TRADE WILL REMAIN CLOSED FOR AT LEAST A PORTION OF THE QUARTER.Q1 SMOKEFREE OPERATING MARGIN 46.0% VERSUS 43.2% YEAR AGO.EXPECT TO INCUR ADDITIONAL MANUFACTURING AND OPERATING EXPENSES DURING THE SECOND QUARTER.WHILE THE COVID-19 PANDEMIC PRESENTS UNIQUE CHALLENGES AND UNCERTAINTIES, I AM CONFIDENT THAT OUR UNDERLYING BUSINESS WILL REMAIN STRONG, SUPPORTED BY OUR VISION OF A WORLD WITHOUT CIGARETTES..CURRENTLY ESTIMATES COMBINED COVID-19 CONSEQUENCES ON OPERATING PROFIT IN Q2 COULD EXCEED NET BENEFITS REALIZED IN Q1.

Swedish Match Temporarily Suspends Manufacturing In The Dominican Republic

March 23 (Reuters) - Swedish Match AB <SWMA.ST>::SAID ON FRIDAY THAT IT TEMPORARILY SUSPENDS MANUFACTURING IN THE DOMINICAN REPUBLIC.SUSPENSION WILL BE EFFECTIVE FROM MONDAY, MARCH 23RD.NO EMPLOYEE OF SWEDISH MATCH IN DOMINICAN REPUBLIC HAS TESTED POSITIVE FOR COVID-19.PLANTS ARE SCHEDULED TO RESUME OPERATIONS ON APRIL 6.

Swedish Match Q3 EBIT SEK 1.59 Billion

Oct 25 (Reuters) - Swedish Match AB <SWMA.ST>::INTERIM REPORT JANUARY - SEPTEMBER 2019.Q3 SALES SEK 3.83 BILLION VERSUS SEK 3.39 BILLION YEAR AGO.Q3 SNUS AND SNUFF OPERATING MARGIN 48.6% VERSUS 47% YEAR AGO.Q3 EBIT SEK 1.59 BILLION VERSUS SEK 1.31 BILLION YEAR AGO.VERY STRONG FINANCIAL RESULTS DRIVEN BY THE EXCELLENT PERFORMANCE OF ZYN NICOTINE POUCHES IN THE US. SALES AND OPERATING PROFIT FOR OUR TWO LARGEST PRODUCT SEGMENTS, SNUS AND MOIST SNUFF AND OTHER TOBACCO PRODUCTS, INCREASED IN LOCAL CURRENCIES.THE LIGHTS PRODUCT SEGMENT REBOUNDED FROM AN UNUSUALLY WEAK SECOND QUARTER AND ALSO BENEFITED FROM LAND AND FORESTRY ASSET SALES..REFINITIV POLL: Q3 REVENUE SEEN AT SEK 3.73 BILLION, Q3 EBIT SEEN AT SEK 1.44 BILLION, Q3 NET PROFIT SEEN AT SEK 1.07 BILLION.FOLLOWING THE NATIONAL ROLLOUT OF ZYN IN THE US DURING THE SECOND QUARTER, WE CONTINUED TO EXPAND DISTRIBUTION AND MARKETING BEHIND THE ZYN BRAND.SWEDISH MATCH EXPECTS THAT THE TREND OF INCREASED INTEREST FROM CONSUMERS, INDUSTRY PLAYERS AND REGULATORS IN LESS HARMFUL ALTERNATIVES TO CIGARETTES WILL CONTINUE.US ZYN VOLUMES IN THE QUARTER INCREASED SEQUENTIALLY VERSUS THE SECOND QUARTER DESPITE THIRD QUARTER PIPELINE VOLUME ATTRIBUTABLE TO NEW STORES BEING SIGNIFICANTLY LOWER THAN SECOND QUARTER LEVELS.FOR 2019, ON A FULL YEAR BASIS, SWEDISH MATCH EXPECTS THE SCANDINAVIAN SNUS MARKET TO CONTINUE TO GROW AND TO REMAIN HIGHLY COMPETITIVE.SWEDISH MATCH EXPECTS THE US SNUS/NICOTINE POUCH MARKET TO GROW.

BRIEF-FDA Grants First-Ever Modified Risk Orders To Eight Smokeless Tobacco Products

Adds Swedish Match ric:FDA GRANTS FIRST-EVER MODIFIED RISK ORDERS TO EIGHT SMOKELESS TOBACCO PRODUCTS.U.S. FOOD AND DRUG ADMINISTRATION - HAS AUTHORIZED MARKETING OF PRODUCTS THROUGH MODIFIED RISK TOBACCO PRODUCT PATHWAY.U.S. FDA - AUTHORIZATIONS ARE FOR 8 SWEDISH MATCH USA, INC. SNUS SMOKELESS TOBACCO PRODUCTS SOLD UNDER "GENERAL" BRAND NAME.U.S. FDA - MODIFIED RISK ORDERS ARE PRODUCT-SPECIFIC AND LIMITED TO FIVE YEARS.U.S. FDA - DECISION PERMITS 8 GENERAL BRAND SNUS SMOKELESS TOBACCO PRODUCTS TO BE SOLD IN U.S. WITH MODIFIED RISK CLAIM; DOES NOT MEAN PRODUCTS ARE SAFE.U.S. FDA - SWEDISH MATCH USA REQUIRED TO CONDUCT POSTMARKET STUDIES TO DETERMINE IMPACT OF MODIFIED RISK TOBACCO PRODUCT ORDERS ON CONSUMER PERCEPTION.

Swedish Match Q2 Operating Profit Up At SEK 1.43 Billion

July 18 (Reuters) - Swedish Match AB <SWMA.ST>::HALF YEAR REPORT JANUARY - JUNE 2019.SAYS SECOND QUARTER FINANCIAL PERFORMANCE ILLUSTRATES THE CHANGING LANDSCAPE OF NICOTINE CONSUMPTION..Q2 SALES SEK 3.7 BILLION VERSUS MEAN FORECAST OF SEK 3.66 BILLION IN REFINITIV FORECAST.TRADITIONAL COMBUSTIBLE AND SMOKELESS TOBACCO CATEGORIES CONTINUE TO FACE VOLUME CHALLENGES.Q2 NET PROFIT SEK 1.08 BILLION VERSUS MEAN FORECAST OF SEK 1.00 BILLION IN REFINITIV FORECAST.OPERATING PROFIT AMOUNTED TO 1,434 MSEK (1,263) FOR Q2.FOR 2019, ON A FULL YEAR BASIS, SWEDISH MATCH EXPECTS THE SCANDINAVIAN SNUS MARKET TO CONTINUE TO GROW AND TO REMAIN HIGHLY COMPETITIVE.SWEDISH MATCH EXPECTS THE US SNUS/NICOTINE POUCH MARKET TO GROW.IN THE US MOIST SNUFF MARKET, WE EXPECT CONTINUED GROWTH FOR POUCHES..FOR US CHEWING TOBACCO WE EXPECT CONTINUED MARKET DECLINES.IN BOTH SCANDINAVIA AND MARKETS OUTSIDE OF SCANDINAVIA, WE EXPECT SEGMENT GROWTH AND INCREASED COMPETITIVE ACTIVITY FOR NICOTINE POUCHES.WILL CONTINUE TO EXPLORE GROWTH OPPORTUNITIES FOR SMOKELESS TOBACCO AND NICOTINE POUCH PRODUCTS OUTSIDE SCANDINAVIA.Q2 SNUS AND SNUFF OPERATING MARGIN 46.6%.DECISION TO FURTHER SCALE UP THE INVESTMENT IN ZYN PRODUCTION CAPACITY IN THE US IS EXPECTED TO RESULT IN INCREASED CAPITAL EXPENDITURES IN 2019 COMPARED TO 2018.

Swedish Match CEO Sees "Noticable" Increase In Capex 2019

Feb 13 (Reuters) - Swedish Match AB <SWMA.ST> CEO Lars Dahlgren to Reuters::SWEDISH MATCH CEO SEES "NOTICABLE" INCREASE IN CAPEX IN 2019 FROM 2018 BUT WILL PROBABLY TOTAL LESS THAN 1 BILLION SEK.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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