Financial development
For chewing tobacco, sales for the year declined by 10 percent to 956 MSEK (1,063), and operating profit declined by 8 percent to 312 MSEK (338).
In local currency terms sales declined by 2 percent. Higher average prices offset volume declines, while a weaker USD had a negative impact on reported operating profit. The operating margin was 32.7 percent (31.8).
Chewing tobacco, key data
* Operating capital for 2005 has not been restated in accordance with the new definition of net debt and includes net pension liabilities.