Swedish Match comments on the strategic review of STG
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.For the full year 2015, STG expects net sales growth in the high single digits and an adjusted EBITDA margin broadly in line with 2014 (20.3 percent). Capital expenditure is expected to be around 250 MDKK. In the medium term, STG anticipates organic growth