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Swedish Match
SWMA Jun 28, 2022
5:29 PM CET
+ 3.0 % 104.45 SEK
The share
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Analysts and estimates

Estimates are provided by Infront and are based on projections from analysts who cover Swedish Match. Please note that any opinions, estimates or forecasts regarding Swedish Match performance made by analysts are theirs alone and not those of Swedish Match or its management. Swedish Match does not by providing or distributing this material imply its endorsement of or concurrence with such information, conclusions or recommendations.

Analysts

CompanyAnalystPhone no
ABG Sundal CollierFredrik Ivarsson+46-8-56628695
BofA Merrill LynchMirco Badocco+44-207-9961761
BarclaysGaurav Jain+44-20-35552501
CarnegieNiklas Ekman+46-8-6768692
CitiSimon Hales+44-207-9864049
Credit Suisse LLCFaham Baig+44-207-8880285
Deutsche BankGerry Gallagher+44-20-75450251
DNB MarketsJesper Ingildsen+44-207-6216081
Goldman Sachs InternationalRichard Felton+44-207-5527872
Handelsbanken Karri Rinta+46-8-7013636
J.P. Morgan CazenoveJared Dinges+44-207-1343951
JefferiesOwen Bennett+1-212-3233907
Morgan StanleyRashad Kawan+44-207-6773183
SEBAndreas Lundberg+46-8-7638533
Societe GeneraleJonathan Leinster+44-207-6768938
UBSNik Oliver+44-207-5684982

Estimates

Swedish Match Group
MSEK2021Q1A2022Q1A2022Q1E2022Q2E2020A2021A2022E2023E2024E
Sales4,4554,8924,985-16,69818,489---
Growth (%)10.579.8111.89-13.2910.73---
Operating profit2,3542,0242,093-6,9918,286---
Margin (%)52.841.442.0-41.944.8---
Profit before income tax2,2651,9372,001-6,6447,941---
Profit for the year1,7791,4931,525-4,8886,217---
Earnings per share (EPS), SEK11.250.981.00-30.383.97---
Dividend per share (DPS), SEK----15.001.86---
Product areas
MSEK
Sales
Smokefree2,8233,2623,275-10,65112,120---
Cigars1,2491,1691,287-4,5334,688---
Lights305375343-1,1491,338---
Other operations788580-366344---
Operating profit
Smokefree1,4651,6131,599-5,1425,998---
Cigars560445497-1,7961,841---
Lights675765-222297---
Other operations-37-91-68--169-150---190
Operating margin (%)
Smokefree51.949.448.8-48.349.5---
Cigars44.838.138.6-39.639.3---
Lights22.015.218.8-19.322.2---
Other operations-47.4-107.1-85.1--46.2-43.6---

Number of contributors: 11
Last updated estimate: 2022-05-02
Oldest updated estimate: 2022-05-11

Consensus recommendation 
Sell0
Hold6
Buy7
Contributors  
ABG Sundal CollierCredit SuisseMorgan Stanley
Barclays CapitalDeutsche BankSEB Equities
BofA SecuritiesDNB MarketsUBS
CarnegieGoldman Sachs 

Comments
Estimates are continually updated by Infront.

Explanations
A - Actual (reported)
E - Estimate (average of forecasts)

Profit for the year - Profit attributable to the Equity holders of the parent

EPS - Earnings per share, basic, SEK from continuing operations

Infront

Related documents

  • Infront quarterly estimates

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Phone: +46 10 13 93 000

Sveavägen 44
SE-118 85 Stockholm

Corporate headquarters
Swedish Match

Swedish Match AB
SE-118 85 Stockholm

Phone +46 10 13 93 000
Corporate reg no. 556015-0756
contactus@swedishmatch.com

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