Bli medlem
Bli medlem

Du är här

2016-10-28

Swedish Match: Interim Report  January - September 2016

· Sales increased by 10 percent to 4,118 MSEK (3,756) for the third
quarter. In local currencies, sales increased by 9 percent.

· Operating profit from product areas1) increased by 11 percent to
1,089 MSEK (979) for the third quarter. In local currencies,
operating profit from product areas1) also increased by 11 percent.

· Operating profit2) amounted to 2,694 MSEK (1,065) for the third
quarter, including larger one-time items of 1,550 MSEK relating to a
capital gain from the partial divestment of STG and an unrealized
gain from revaluing Swedish Match's remaining shareholding in STG to
market value.

· Earnings per share amounted to 12.32 SEK (3.84) for the third
quarter. Earnings per share, excluding STG and adjusted for larger
one-time items amounted to 3.76 SEK (3.39).

· In September, Swedish Match reduced its ownership in STG from 31.1
percent to 18.1 percent. The Board of Directors propose to distribute
the proceeds from this sale as a special dividend of 9.50 SEK per
share subject to approval by an extraordinary shareholders' meeting
on December 16.

· In September, a public bond of 300 MEUR was issued with the
primary purpose of refinancing a larger bond maturity falling due in
November 2017.

1) Operating profit for Swedish Match product areas, which excludes
larger one-time items and share of net profit in STG.

2) Operating profit for the Group includes larger one-time items and
share of net profit in STG. Swedish Match's share of net profit in
STG is reported with a one quarter lag. The third quarter only
includes Swedish Match's share of STG's net profit until the date of
partial divestment in September 2016, thereafter, the shareholding in
STG has been reclassified as a financial asset.

For the full report: http://www.swedishmatch.com/investors/

Swedish Match telephone conference
A telephone conference will be held today, Friday, October 28 at 2:00
p.m. (CET), (1:00 p.m. UK time). At this time we will review and
comment on the results. Participants will include Lars Dahlgren,
Marlene Forsell, and Emmett Harrison.

Listen to the telephone conference live at:
http://www.swedishmatch.com/investors/

Replay will be available for 30 days at the link above as well as on
telephone number:

UK replay number: +44 20 7031 4064, access code: 957779
US replay number: +1 888 365 0240, access code: 957779
Swedish replay number: +46 8 505 203 33, access code: 957779
__________

Contacts:

Lars Dahlgren, President and Chief Executive Officer
Office +46 8 658 0441

Marlene Forsell, Senior Vice President and Chief Financial Officer
Office +46 8 658 0489

Emmett Harrison, Senior Vice President Investor Relations and
Corporate Sustainability

Office +46 8 658 0173
Richard Flaherty, President US Division, US Investor Relations contact
Office +1 804 787 5130
___________

This information is information that Swedish Match AB (publ) is
obliged to make public pursuant to the EU Market Abuse Regulation and
the Securities Markets Act. The information was submitted for
publication, through the agency of the contact persons set out above,
at 08.15 a.m. CET on October 28, 2016.

___________

Swedish Match develops, manufactures, and sells quality products with
market-leading brands in the product areas Snus and moist snuff,
Other tobacco products (cigars and chewing tobacco), and Lights
(matches, lighters, and complementary products). Production is
located in six countries, with sales concentrated in Scandinavia and
the US. The Swedish Match share is listed on Nasdaq Stockholm (SWMA).

Swedish Match's vision is a world without cigarettes. Some of its
well-known brands include: General, Longhorn, White Owl, Red Man,
Fiat Lux, and Cricket.

___________

Swedish Match AB (publ), SE-118 85 Stockholm, Sweden
Visiting address: Sveavägen 44, 8th Floor. Telephone: +46 8 658 0200
Corporate Identity Number: 556015-0756
www.swedishmatch.com

-----------------------------------------------------------
http://news.cision.com/swedish-match/r/interim-report--january---septemb...
http://mb.cision.com/Main/2004/2110845/581832.pdf

Författare WKR

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.