Our company in brief
Swedish Match is a global Group with a broad offer of market-leading brands in smokefree tobacco products, cigars, pipe tobacco and lights products. Consolidated sales amounted to12,551 MSEK and the average number of employees was 12,075.
Production occurs in own production plants in 11 countries: Belgium, Brazil, Bulgaria, the Dominican Republic, Honduras, Indonesia, the Netherlands, the Philippines, Sweden, South Africa and the US.
Business concept
Swedish Match is a unique tobacco company, using its world leading brands and niche tobacco products to work in growing markets in harmony with current social and consumer trends. Read more about our strategies.
Product area
Swedish Match has five different product categories - snus/snuff, cigars, chewing tobacco, pipe tobacco and lights. Brand-building and product broadening are cornerstones in the Groups efforts to achieve organic growth. The Company sells products in more than 100 countries, with production units in 11 countries.
The markets for snuff/snus and cigars have been growing in both sales an volume terms over the past several years, while the markets for chewing tobacco, pipe tobacco, and lights have been declining. Swedish Match also distributes third parties tobacco products on the Swedish market. Swedish Match generates approximately half of its sales and more than two thirds of its operating income from snuff and cigars.
Net sales by product area, percent
Operating profit by product area, percent
* Excluding Other operations and larger one time items.
- Snuff and snus - Swedish Match maintains a leading position in the Scandinavian snus market and in South Africa. In North America, Swedish Match is one of the major players in the growing value-priced snuff segment. Read more about snuff and snus.
- Cigars - Swedish Match is the world’s second largest producer and distributor of cigars and cigarillos. Swedish Match maintains a leading position in the US market for premium cigars. Read more about cigars.
- Chewing tobacco - Swedish Match is the largest player in the US market for chewing tobacco. Read more about chewing tobacco.
- Pipe tobacco - Swedish Match is one of the world’s largest producers of pipe tobacco. Read more about pipe tobacco.
- Lights - Swedish Match maintains a strong position in a number of markets for matches. The brands are mostly local and very strong in their respective markets. Swedish Match is a key player in the international market for disposable lighters. Read more about lights.
Organization
The Swedish Match head office, where the CEO and Group staffs are based, is located in Stockholm. Operations are conducted in three geographic divisions: North Europe Division, North America Division and International Division. The average number of employees during 2007 was 12,075.
President and CEO
Lars Dahlgren is President of Swedish Match AB since June 2008. Read more about the Management.
Chairman of the Board
Conny Karlsson is Chairman of the Board. He is a Board member since 2006. Read more about the Board.
Listing details
The Company has been listed on OMX Nordic Exchange in Stockholm (SWMA) since May 1996.
Shareholders
Swedish Match had 251,530,000 shares outstanding as of June 30, 2008 divided among 53,440 shareholders. The ten largest shareholders account for 29.2 percent.
Swedish Match in figures
More financial information is available on financial tables.
Net sales, operating profit and operating margin