Interim Report January – September 2020
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 segments[1)] increased by 37 percent for the third quarter. Reported operating profit from product