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Swedish Match develops, manufactures, and sells quality products with market-leading brands in the product segments Smokefree, Cigars, and Lights. Production is located in seven countries. Some of its well-known brands include: General, Longhorn, ZYN, Game, Red Man, Fiat Lux, and Cricket.

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Swedish Match starts reporting its share of results from Scandinavia Tobacco Group based on a one quarter lag

Swedish Match anticipates that the financial calendars for Swedish Match and for Scandinavian Tobacco Group (“STG”) will differ. Swedish Match is anticipating that it will release its full year report for 2015 prior to the release of STG’s full year report. Also future reporting release dates may deviate. According to International Financial Reporting Standards, when reporting dates deviate, the owning entity shall base its reporting on the associated company’s most recent financial statements. Therefore, Swedish Match will from the reporting period ending December 31, 2015, start to

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

Swedish Match – update on Scandinavian Tobacco Group

As communicated earlier, Swedish Match with the other shareholder of Scandinavian Tobacco Group (STG) have engaged advisors to assess strategic alternatives with regards to STG. In the strategic review further opportunities have been identified and the shareholders of STG have agreed that it is in their best interests to continue growing STG under the leadership of Niels Frederiksen, the newly appointed CEO, in view of a potential future Initial Public Offering.On January 30, STG announced the appointment of Niels Frederiksen as CEO, replacing the departing CEO, Anders Colding Friis. Niels

Swedish Match announces signed agreement between Scandinavian Tobacco Group and Reynolds American, Inc. for the acquisition of Lane Limited

Swedish Match announces that Scandinavian Tobacco Group A/S (STG) has signed an agreement with Reynolds American, Inc. for the acquisition of Lane Limited (Lane). STG is 49 percent owned by Swedish Match AB.In its press release, released earlier today, STG stated that Lane is expected to annually contribute an EBITDA of 45 MUSD, and sales volumes of 525 tons of pipe tobacco, 980 tons of fine-cut tobacco, and 450 million little cigars. STG will pay 205 MUSD in cash for Lane. STG also stated in its release that, “with the acquisition of Lane, STG reaches an estimated annual turnover of

Swedish Match receives 170 MEUR from Scandinavian Tobacco Group

As previously announced, the new Scandinavian Tobacco Group (STG) formed October 1, 2010, has a financial strategy stipulating a target net debt of two to three times EBITA. STG has now secured external financing in line with its financial strategy, and as a consequence of this, STG has made a repayment of loans of 170 MEUR to Swedish Match. The loans were given from Swedish Match to STG in connection with the formation of the new company and include the 30 MEUR cash consideration as compensation for the relative differences in enterprise values of the businesses contributed from the former

Swedish Match completes transaction with Scandinavian Tobacco Group

Today, Swedish Match (SM) and Scandinavian Tobacco Group (STG) announce the creation of a global company with leading market positions in cigars, pipe tobacco and fine cut tobacco.Following previous announcements in January and April 2010, all necessary approvals have been obtained and the transaction was finalized on October 1st. The new company will operate under the name Scandinavian Tobacco Group, and will be headquartered in Copenhagen, Denmark. SM has contributed its cigar businesses (with the exception of US mass market cigars and its minority interest in Arnold André) as well as

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