STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Swedish Match (STO:SWMA)
· Sales for the third quarter increased by 10 percent to 3,756 MSEK (3,416). In local currencies, sales were up 4 percent, with increases across all product areas.
· Operating profit from product areas1) for the third quarter increased by 12 percent to 979 MSEK (874). In local currencies operating profit from product areas1) was up by 4 percent.
· Operating profit2) amounted to 1,065 MSEK (989) for the third quarter, negatively impacted by restructuring costs in Swedish Match’s share of net profit from associated companies.
· EPS (basic) for the third quarter amounted to 3.84 SEK (3.50).
1) Operating profit for Swedish Match product areas, which excludes share of net profit in STG.
2) Operating profit for the Group includes share of net profit in STG. Share of profit in STG includes restructuring costs of 45 MSEK.
For the full report: http://www.swedishmatch.com/investors/
Swedish Match telephone conference
A telephone conference will be held today, Wednesday, November 4 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: 951154
US replay number: +1 888 365 0240, access code: 951154
Swedish replay number: +46 8 505 203 33, access code: 951154
The character of the information in this report is such that it shall be disclosed by Swedish Match AB (publ) in accordance with the Swedish Securities Markets Act. The information was disclosed to the media on November 4, 2015 at 08.15 a.m. (CET).
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
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