Swedish Match - Press releases and news

Comment to corrected insider trade reporting by the Chairman of the Board

Sep 8, 2022 3:35 PM CET

Half Year Report January – June 2022

Jul 22, 2022 8:15 AM CET

Group sales and operating profit increased strongly on the back of continued solid momentum for the US smokefree business and currency tailwind.
Group sales increased by 23 percent to 5,561 MSEK (4,505). In local currencies, Group sales increased by 11 percent for the second quarter.
Group operating profit increased to 2,227 MSEK (1,956).
Operating profit from product segments increased by 14 percent to 2,271 MSEK (1,988). In local currencies, operating profit from product segments¹⁾ increased by 1 percent for the second quarter.
In local currencies, operating profit grew by 14 percent for the Smokefree product segment despite higher market investments across geographies to support future growth. For the Cigars product segment, operating profit declined, impacted by lower volumes. For Lights, underlying operating profit increased, but items of temporary nature drove a decline in reported operating profit.
Profit after tax increased to 1,624 MSEK (1,441).
Earnings per share increased by 17 percent to 1.07 SEK (0.92).
The full year outlook for 2022, found on page 14, has been updated based on developments during the first six months.

1) Excludes Other operations and larger one-time items.

Swedish Match AB (publ) share capital

May 31, 2022 10:00 AM CET

In accordance with the resolution at the Annual General Meeting on April 27, 2022, Swedish Match AB (publ) has cancelled 55,000,000 repurchased treasury shares.

Interim Report January – March 2022

May 11, 2022 8:15 AM CET

Highlights for the first quarter

Sales and operating profit from product segments increased on the back of continued strong momentum for the US smokefree business.
Group sales increased by 10 percent to 4,892 MSEK (4,455). In local currencies, sales increased by 2 percent for the first quarter.
Operating profit from product segments increased by 1 percent to 2,115 MSEK (2,092). In local currencies, operating profit from product segments¹⁾ decreased by 7 percent for the first quarter.
Within the Smokefree segment, ZYN nicotine pouches in the US continued to gain market shares on a sequential basis and demonstrated solid sales and profit growth. In Scandinavia, sales grew strongly on an underlying basis, while operating profit declined reflecting higher market investments and an unusually high result in the prior year period.
For the Cigars product segment, sales and operating profit declined on lower volumes and higher production costs when comparing to the exceptionally strong first quarter of the prior year. Swedish Match increased its cigar market share²⁾ sequentially relative to the fourth quarter of 2021.
For the Lights product segment, impressive performance for matches drove robust top-line development. Solid operating profit despite steep price increases on input materials.
Group operating profit amounted to 2,024 MSEK (2,354). The prior year period included a settlement income of 300 MSEK.
Profit after tax amounted to 1,493 MSEK (1,780).
Adjusted earnings per share³⁾ increased to 0.98 SEK (0.97). Earnings per share for the quarter decreased by 13 percent to 0.98 SEK (1.12) with the after-tax effect of the settlement income in the prior year period amounting to 0.15 SEK per share.

1) Excludes Other operations and larger one-time items.
2) Based on MSA distributor shipments: Mass market cigars (excluding little cigars) in volume terms.
3) Excludes larger one-time items net of tax.

Statement by the Board of Directors of Swedish Match AB in relation to the public cash offer by Philip Morris Holland Holdings B.V.

May 11, 2022 7:45 AM CET

The Board of Directors of Swedish Match AB recommends that the shareholders of Swedish Match accept the offer

Swedish Match confirms discussions regarding a possible public takeover offer for Swedish Match

May 9, 2022 6:20 PM CET

Swedish Match Annual General Meeting 2022

Apr 27, 2022 2:00 PM CET

Major items approved by today’s Annual General Meeting include:

A dividend of 1.86 SEK per share to be paid in two equal instalments of 0.93 SEK per share
Mandate to repurchase up to 10 percent of all shares in the Company
Withdrawal of 55,000,000 repurchased company shares with a simultaneous bonus issue without issuing any new shares
Mandate to resolve on the transfer of shares in the Company and to issue new shares
Election of a new Board Director, Sanna Suvanto-Harsaae, and of Deloitte AB as auditor

Swedish Match publishes annual report for 2021

Mar 25, 2022 11:00 AM CET

Swedish Match’s annual report for 2021 has been published and is available at the Group’s website.

Notice to the Annual General Meeting of Swedish Match AB (publ)

Mar 21, 2022 10:00 AM CET

The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting (AGM) to be held on Wednesday, April 27, 2022. In light of the COVID-19 pandemic, the AGM will be conducted pursuant to so called mail-in procedures, meaning that no shareholders will attend the AGM in person or through proxy. Instead, shareholders can participate in the AGM by voting and submitting questions in advance pursuant to the instructions described below.

Swedish Match provides update on plans for separation of its cigar business

Mar 14, 2022 6:00 PM CET

New member proposed for Swedish Match Board of Directors

Mar 7, 2022 1:00 PM CET

At the upcoming Annual General Meeting (AGM) on April 27, 2022, the Nominating Committee will propose the election of Sanna Suvanto-Harsaae as a new member of the Swedish Match Board of Directors.

Full Year Report January – December 2021

Feb 16, 2022 8:15 AM CET

Highlights for the full year and the fourth quarter

Record full year sales and operating profit with double-digit growth in both revenues and earnings in local currencies across all product segments.
Impressive performance for the Smokefree product segment with strong growth in both the US and Scandinavia. Growing demand for natural leaf cigars drove the robust full year local currency financial performance for the Cigars product segment. Strong underlying performance for the Lights product segment.
Strong financial performance in the fourth quarter driven by Smokefree with continued strength in both the US and in Scandinavia. Sales and earnings decline for Cigars, impacted by production constraints. Increased sales and earnings for Lights.
In local currencies, sales increased by 16 percent for the full year and by 12 percent for the fourth quarter. Reported sales increased by 11 percent to 18,489 MSEK (16,698) for the full year and by 15 percent to 4,751 MSEK (4,136) for the fourth quarter.
In local currencies, operating profit from product segments¹⁾ increased by 19 percent for the full year and by 11 percent for the fourth quarter. Reported operating profit from product segments increased by 14 percent to 8,136 MSEK (7,160) for the full year and by 15 percent to 1,957 MSEK (1,695) for the fourth quarter.
Operating profit amounted to 8,286 MSEK (6,991) for the full year and to 1,901 MSEK (1,650) for the fourth quarter.
Profit after tax amounted to 6,218 MSEK (4,888) for the full year and to 1,457 MSEK (1,244) for the fourth quarter. Profit after tax of the prior year included a charge of 286 MSEK following an adverse ruling in a tax case.
Earnings per share increased by 31 percent to 3.97 SEK (3.04) for the full year and by 21 percent to 0.94 SEK (0.78) for the fourth quarter. Adjusted earnings per share increased by 19 percent to 3.82 SEK (3.22) for the full year and by 21 percent to 0.94 SEK (0.78) for the fourth quarter.²⁾
On September 14, Swedish Match announced its intention to spin off its US cigar business to shareholders, subject to various conditions. The separation is expected to be completed during the second half of 2022, at the earliest.
The Board proposes to increase the dividend to 1.86 SEK per share, to be paid in two installments; 0.93 SEK per share in May 2022 and 0.93 SEK per share in November 2022.
The outlook for 2022 can be found on page 13.

1) Excludes Other operations and larger one-time items.
2) A share split (10:1) was made in May 2021. Historical share data in this report has been restated in accordance with IAS 33.

Interim Report January – September 2021

Oct 27, 2021 8:15 AM CET

Highlights for the third quarter

Record sales with year-on-year revenue growth across product segments, despite comparing to a prior year quarter with elevated demand for certain product lines.
In local currencies, sales increased by 10 percent for the third quarter. Reported sales increased by 9 percent to 4,778 MSEK (4,400).
Record operating profit from product segments, in spite of continued ramp-up in spending behind growth opportunities for smokefree products.
In local currencies, operating profit from product segments¹⁾ increased by 2 percent for the third quarter. Reported operating profit from product segments increased by 1 percent to 2,099 MSEK (2,075).
For the Smokefree product segment, continued momentum for ZYN nicotine pouches in the US and solid performance in Scandinavia drove increased sales and operating profit.
For the Cigars product segment, increased sales of natural leaf varieties outpaced declines for HTL cigars while operating profit in local currency was virtually flat principally reflecting higher production costs.
For the Lights product segment, robust performance for lighters drove enhanced earnings.
Operating profit amounted to 2,075 MSEK (2,048) for the third quarter.
Profit after tax for the third quarter amounted to 1,540 MSEK (1,222). Profit after tax for the third quarter of the prior year included a charge of 286 MSEK following an adverse ruling in a tax case.
Earnings per share increased by 30 percent to 0.99 SEK (0.76) for the third quarter. Adjusted earnings per share increased by 5 percent to 0.99 SEK (0.94).²⁾
On September 14, Swedish Match announced its intention to spin off its US cigar business to shareholders. Subject to various conditions, the separation is expected to be completed during the second half of 2022, at the earliest. For more details, see the September 14 press release.

1) Excludes Other operations and larger one-time items.
2) In May 2021, a share split (10:1) was made. Historical share data in this report has been restated in accordance with IAS 33.

Swedish Match announces planned separation of its cigar business

Sep 14, 2021 6:00 PM CET

Swedish Match today announced that it intends to separate its cigar business via a spin-off to shareholders and to completely exit the manufacturing of combustible tobacco products. Swedish Match has initiated preparations for a separation and a subsequent listing on a major US securities exchange, with a final decision on execution subject to various considerations. The separation is expected to be completed during the second half of 2022, at the earliest.

Half Year Report January – June 2021

Jul 20, 2021 8:15 AM CET

Highlights for the second quarter

Double-digit sales and operating profit growth across all product segments in local currencies.
In local currencies, sales increased by 19 percent for the second quarter. Reported sales increased by 9 percent to 4,505 MSEK (4,133).
In local currencies, operating profit from product segments¹⁾ increased by 27 percent for the second quarter. Reported operating profit from product segments increased by 15 percent to 1,988 MSEK (1,731).
For the Smokefree product segment, continued momentum for ZYN in the US drove the financial performance. Sales and operating profit also grew in Scandinavia.
For the Cigars product segment, sales and operating profit were up significantly in local currency compared to a relatively soft prior year period as a result of improved pricing and increased natural leaf shipments.
Operating profit for the Lights product segment up sharply as a result of good underlying performance coupled with income from land sales and indirect tax reclaims following favorable court verdicts.
Operating profit amounted to 1,956 MSEK (1,693) for the second quarter.
Profit after tax amounted to 1,441 MSEK (1,254) for the second quarter.
Earnings per share increased by 18 percent to 0.92 SEK (0.78) for the second quarter.¹⁾²⁾

1) Excludes Other operations and larger one-time items.
2) In May 2021, a share split (10:1) was made. Historical share data in this report has been restated in accordance with IAS 33.

Change in number of shares and votes in Swedish Match AB (publ)

May 31, 2021 10:00 AM CET

In May, the number of shares and votes in Swedish Match AB (publ) increased as a result of the share split (ratio 10:1) that was resolved by Swedish Match AB’s Annual General Meeting on April 13, 2021, through which each existing share was divided into ten shares.

Swedish Match AB (publ) share capital and total number of shares as well as implementation of share split

Apr 30, 2021 10:00 AM CET

In accordance with the resolution at the Annual General Meeting on April 13, 2021, Swedish Match AB (publ) has cancelled 4,200,000 repurchased treasury shares. As previously communicated, the Annual General Meeting also resolved in favor of a split of the Company’s shares whereby each existing share of the Company is divided into ten shares (ratio 10:1).

Interim Report January – March 2021

Apr 30, 2021 8:15 AM CET

Impressive Q1 performance across all product segments

Double-digit sales and operating profit growth across all product segments in local currencies.
For the Smokefree product segment, continued momentum for ZYN drove strong US performance and in Scandinavia good underlying development was further enhanced by timing effects on shipments and COVID-19 related channel mix effects.
For Cigars, record volumes, sales and operating profit on the back of strong category growth and improved price mix.
No major operational COVID-19 related disruptions and COVID-19 related effects in aggregate are estimated to have elevated the reported financial performance.
In local currencies, sales increased by 23 percent for the first quarter. Reported sales increased by 11 percent to 4,455 MSEK (4,029).
In local currencies, operating profit from product segments¹⁾ increased by 40 percent for the first quarter. Reported operating profit from product segments increased by 26 percent to 2,092 MSEK (1,659).
Operating profit, which includes a settlement income of 300 MSEK related to a previously ongoing arbitration concerning nicotine pouches, amounted to 2,354 MSEK (1,601) for the first quarter.
Profit after tax amounted to 1,780 MSEK (1,168) for the first quarter.
Earnings per share increased by 57 percent to 11.25 SEK (7.18) for the first quarter. Adjusted earnings per share²⁾ increased by 36 percent to 9.74 SEK (7.18) for the first quarter.

1) Excludes Other operations and larger one-time items.
2) Excludes larger one-time items net of tax.

Swedish Match Annual General Meeting 2021

Apr 13, 2021 2:30 PM CET

Major items approved by today’s Annual General Meeting include:

A dividend of 15.00 SEK per share
Mandate to repurchase up to 10 percent of all shares in the Company
Withdrawal of 4,200,000 repurchased company shares with a simultaneous bonus issue without issuing any new shares
Mandate to resolve on the transfer of shares in the Company and to issue new shares
Election of Deloitte AB as auditor
Amendment of the Articles of Association
A share split 10:1

Swedish Match publishes annual report for 2020

Mar 16, 2021 3:00 PM CET

Swedish Match’s annual report for 2020 has been published and is available at the Group’s website.

Notice to the Annual General Meeting of Swedish Match AB (publ)

Mar 5, 2021 11:00 AM CET

The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting (AGM) to be held on Tuesday, April 13, 2021. In light of the continued COVID-19 pandemic, the AGM will be conducted pursuant to so called mail-in procedures, meaning that no shareholders will attend the AGM in person or through proxy. Instead, shareholders can participate in the AGM by voting and submitting questions in advance pursuant to the instructions described below.

Full Year Report January – December 2020

Feb 10, 2021 8:15 AM CET

Strong finish to the year with top-line growth across all product segments

Record sales and operating profit for the year driven by strong traction for ZYN nicotine pouches in the US. Double-digit operating profit growth in local currencies for the Smokefree and Cigar product segments in both the full year and the fourth quarter.
COVID-19 related effects are estimated to have elevated sales and operating profit for the full year as well as in the fourth quarter.
In local currencies, sales increased by 15 percent for the fourth quarter and by 17 percent for the full year. Reported sales increased by 5 percent to 4,136 MSEK (3,933) for the fourth quarter and by 13 percent to 16,698 MSEK (14,739) for the full year despite significant strengthening of the Swedish krona during the year versus the US dollar, the Norwegian krona and the Brazilian real.
In local currencies, operating profit from product segments¹⁾ increased by 23 percent for the fourth quarter and by 28 percent for the full year. Reported operating profit from product segments increased by 12 percent to 1,695 MSEK (1,520) for the fourth quarter and by 23 percent to 7,160 MSEK (5,812) for the full year.
Operating profit amounted to 1,650 MSEK (1,098) for the fourth quarter and to 6,991 MSEK (5,307) for the full year. The fourth quarter of 2019 included a non-cash impairment charge of 367 MSEK related to the European chewing tobacco business.
Profit after tax amounted to 1,244 MSEK (756) for the fourth quarter and to 4,888 MSEK (3,896) for the full year. The full year 2020 includes a charge of 286 MSEK following an adverse ruling in a tax case.
Adjusted earnings per share increased by 15 percent to 7.82 SEK (6.81) for the fourth quarter and by 27 percent to 32.16 SEK (25.41) for the full year. Earnings per share amounted to 7.82 SEK (4.62) for the fourth quarter and to 30.38 SEK (23.22) for the full year.
The Board proposes an increased dividend of 15.00 SEK per share. The Board also proposes a 10:1 split of the Swedish Match share.
The outlook for 2021 can be found on page 14.

1) Excludes Other operations and larger one-time items.

Interim Report January – September 2020

Oct 27, 2020 8:15 AM CET

Record sales and operating profit from product segments in Q3

Sales and operating profit increased for the Smokefree product segment in both the US and Scandinavia, as well as for cigars. Sales and operating profit elevated by COVID-19 related effects on consumer demand and channel shifts.
In local currencies, sales increased by 23 percent for the third quarter. Reported sales increased by 15 percent to 4,400 MSEK (3,829).
In local currencies, operating profit from product segments¹⁾ increased by 37 percent for the third quarter. Reported operating profit from product segments increased by 28 percent to 2,046 MSEK (1,603).
Operating profit amounted to 2,019 MSEK (1,586) for the third quarter.
Profit after tax, which includes a charge of 286 MSEK following adverse ruling in a tax case, amounted to 1,193 MSEK (1,180) for the third quarter.
Adjusted earnings per share increased by 31 percent to 9.21 SEK (7.04) for the third quarter. Earnings per share increased by 6 percent to 7.44 SEK (7.04).
Revised outlook provided on page 12 to reflect higher expected underlying corporate tax rate for the year 2020 as a consequence of a stronger than previously anticipated result development for the business in the US.

1) Excludes Other operations and larger one-time items.

Half Year Report January – June 2020

Jul 17, 2020 8:15 AM CET

Q2 sales and profit growth driven by ZYN in the US

In local currencies, sales increased by 11 percent for the second quarter. Reported sales increased by 11 percent to 4,133 MSEK (3,719).
In local currencies, operating profit from product segments¹⁾ increased by 19 percent for the second quarter. Reported operating profit from product segments increased by 17 percent to 1,704 MSEK (1,456).
Operating profit amounted to 1,666 MSEK (1,434) for the second quarter.
Profit after tax amounted to 1,227 MSEK (1,080) for the second quarter.
Earnings per share increased by 19 percent to 7.60 SEK (6.39) for the second quarter.
The second quarter financial performance was negatively affected by COVID-19 impacts.
ZYN continued to deliver strong volume growth contributing to higher sales and operating profit.

1) Excludes Other operations and larger one-time items.

Swedish Match announces organizational changes

May 4, 2020 4:38 PM CET

Swedish Match AB (publ) share capital and total number of shares

Apr 30, 2020 10:00 AM CET

In accordance with the resolution at the Annual General Meeting on April 2, 2020, Swedish Match AB (publ) has cancelled 7,750,000 repurchased treasury shares.

Interim Report January – March 2020

Apr 27, 2020 8:15 AM CET

Record quarter from product segments, driven by US businesses

In local currencies, sales from product segments increased by 21 percent for the first quarter. Reported sales increased by 24 percent to 4,029 MSEK (3,258).
In local currencies, operating profit from product segments¹⁾ increased by 30 percent for the first quarter. Reported operating profit from product segments increased by 34 percent to 1,652 MSEK (1,233).
Operating profit amounted to 1,594 MSEK (1,190) for the first quarter.
Profit after tax amounted to 1,161 MSEK (880) for the first quarter.
Earnings per share increased by 38 percent to 7.14 SEK (5.17) for the first quarter.
Net effect on revenue and results from COVID-19 impacts were positive in the first quarter but are expected to become negative in the second quarter. Guidance for Q2 2020 is provided on page 12 in this report.
ZYN is now available in approximately 80,000 stores in the US, and average sales per store continued to increase sequentially.

1) Excludes Other operations and larger one-time items.

Swedish Match restarts manufacturing in the Dominican Republic

Apr 7, 2020 6:00 PM CET

Swedish Match Annual General Meeting 2020

Apr 2, 2020 5:45 PM CET

Major items approved by today’s Annual General Meeting include:

A dividend of 12.50 SEK per share
Mandate to repurchase up to 10 percent of all shares in the Company
Withdrawal of 7,750,000 repurchased company shares with a simultaneous bonus issue without issuing any new shares
Mandate to resolve on the transfer of shares in the Company and to issue new shares
Election of Deloitte AB as auditor

Swedish Match temporarily suspends manufacturing in the Dominican Republic

Mar 20, 2020 6:46 PM CET

Swedish Match AB announces today that the cigar operations of its subsidiary Swedish Match Dominicana will be temporarily suspended.

Swedish Match publishes annual report for 2019

Mar 6, 2020 2:00 PM CET

Swedish Match’s annual report for 2019 has been published and is available at the Group’s website.

Notice to the Annual General Meeting in Swedish Match AB (publ)

Feb 25, 2020 10:00 AM CET

The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting to be held on Thursday, April 2, 2020, at 15.30 CET at the cinema Skandia, Drottninggatan 82, Stockholm, Sweden.

New member proposed for Swedish Match Board of Directors

Feb 21, 2020 11:30 AM CET

At the upcoming Annual General Meeting on April 2, 2020, the Nominating Committee of Swedish Match AB will propose the election of Alexander Lacik as a new member of the Swedish Match Board of Directors.

Full Year Report January – December 2019

Feb 12, 2020 8:15 AM CET

Record year for sales and operating profit from product segments

In local currencies, sales increased by 15 percent for the fourth quarter and by 8 percent for the full year. Reported sales increased by 19 percent to 3,933 MSEK (3,301) for the fourth quarter and by 14 percent to 14,739 MSEK (12,966) for the full year.
In local currencies, operating profit from product segments¹⁾ increased by 18 percent for the fourth quarter and by 13 percent for the full year. Reported operating profit from product segments increased by 22 percent to 1,525 MSEK (1,246) for the fourth quarter and by 18 percent to 5,828 MSEK (4,936) for the full year.
Operating profit, which includes a non-cash impairment charge of 367 MSEK related to the European chewing tobacco business (see Note 5), amounted to 1,098 MSEK (1,196) for the fourth quarter and to 5,307 MSEK (4,812) for the full year.
Profit after tax amounted to 756 MSEK (925) for the fourth quarter and to 3,896 MSEK (3,578) for the full year.
Earnings per share amounted to 4.62 SEK (5.41) for the fourth quarter and to 23.22 SEK (20.63) for the full year. Adjusted earnings per share increased by 26 percent to 6.81 SEK (5.41) for the fourth quarter and by 23 percent to 25.41 SEK (20.63) for the full year.
ZYN available in approximately 67,000 stores in the US, and average sales per store continued to increase sequentially.
The Board proposes an increased dividend of 12.50 SEK per share.
The outlook for 2020 can be found on page 13.

1) Excludes Other operations and larger one-time items.

Interim Report January – September 2019

Oct 25, 2019 8:15 AM CET

Q3 growth in sales and earnings driven by ZYN

In local currencies, sales increased by 8 percent for the third quarter. Reported sales increased by 13 percent to 3,829 MSEK (3,388).
In local currencies, operating profit from product segments1) increased by 17 percent for the third quarter. Reported operating profit from product segments increased by 22 percent to 1,607 MSEK (1,317).
Operating profit amounted to 1,586 MSEK (1,305) for the third quarter.
Profit after tax amounted to 1,180 MSEK (959) for the third quarter.
Earnings per share increased by 27 percent to 7.04 SEK (5.55) for the third quarter.
ZYN in more than 60,000 stores in the US, and average sales per store continued to increase.
Lights operating profit benefited from land and forestry asset sales.
On October 22, 2019, the US FDA authorized modified risk tobacco status for eight General snus varieties.

1) Excludes Other operations.

FDA Designates General Snus as Less Harmful Alternative to Cigarettes

USA

Oct 22, 2019 6:00 PM CET

FDA Authorizes Company to State that Use of General Snus Instead of Cigarettes Puts Users at a Lower Risk of Mouth Cancer, Heart Disease, Lung Cancer, Stroke, Emphysema and Chronic Bronchitis.

Half Year Report January – June 2019

Jul 18, 2019 8:15 AM CET

Q2 sales and profit up, ZYN expansion well underway

In local currencies, sales increased by 6 percent for the second quarter. Reported sales increased by 12 percent to 3,719 MSEK (3,336).
In local currencies, operating profit from product segments1) increased by 7 percent for the second quarter. Reported operating profit from product segments increased by 13 percent to 1,458 MSEK (1,293).
Operating profit amounted to 1,434 MSEK (1,263) for the second quarter.
Profit after tax amounted to 1,080 MSEK (928) for the second quarter.
Earnings per share increased by 20 percent to 6.39 SEK (5.31) for the second quarter.
The outlook statement on page 11 has been modified with regard to expected growth of the US cigar market.
ZYN in more than 50,000 stores in the US.

1) Excludes Other operations.

Swedish Match AB (publ) share capital and total number of shares

May 31, 2019 10:00 AM CET

In accordance with the resolution at the Annual General Meeting on April 9, 2019, Swedish Match AB (publ) has cancelled 6,000,000 repurchased treasury shares.

Interim Report January – March 2019

May 9, 2019 8:15 AM CET

Solid financial result. Startup of ZYN production in the US

In local currencies, sales increased by 3 percent for the first quarter. Reported sales increased by 11 percent to 3,258 MSEK (2,941).
In local currencies, operating profit from product segments1) increased by 7 percent for the first quarter. Reported operating profit from product segments increased by 15 percent to 1,238 MSEK (1,079).
Operating profit amounted to 1,190 MSEK (1,047) for the first quarter.
Profit after tax amounted to 880 MSEK (766) for the first quarter.
Earnings per share increased by 19 percent to 5.17 SEK (4.36) for the first quarter.

1) Operating profit for Swedish Match product segments, which excludes Other operations.

Swedish Match Annual General Meeting 2019

Apr 9, 2019 5:57 PM CET

Major items approved by today’s Annual General Meeting include:

A dividend of 10.50 SEK per share
Mandate to repurchase up to 10 percent of all shares in the Company
Withdrawal of 6,000,000 repurchased company shares with a simultaneous bonus issue without issuing any new shares
Mandate to resolve on the transfer of shares in the Company and to issue new shares
Election of Deloitte AB as auditor

Swedish Match publishes annual report for 2018

Mar 18, 2019 11:00 AM CET

Swedish Match’s annual report for 2018 has been published and is available at the Group’s website.

Notice to the Annual General Meeting in Swedish Match AB (publ)

Mar 1, 2019 10:00 AM CET

The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting to be held on Tuesday, April 9, 2019, at 15.30 CET at the cinema Skandia, Drottninggatan 82, Stockholm, Sweden.

Full Year Report January – December 2018

Feb 13, 2019 8:15 AM CET

Q4: Strong sales and volumes for smokeless products

In local currencies, sales increased by 7 percent for the fourth quarter and by 9 percent for the full year. Reported sales increased by 12 percent to 3,301 MSEK (2,951) for the fourth quarter and by 10 percent to 12,966 MSEK (11,751) for the full year.
In local currencies, operating profit from product segments1) increased by 8 percent for the fourth quarter and by 12 percent for the full year. Reported operating profit from product segments increased by 14 percent to 1,246 MSEK (1,096) for the fourth quarter and by 14 percent to 4,936 MSEK (4,345) for the full year.
Operating profit amounted to 1,196 MSEK (1,178) for the fourth quarter and to 4,812 MSEK (4,592) for the full year.2)
Profit after tax amounted to 925 MSEK (904) for the fourth quarter and to 3,578 MSEK (3,400) for the full year.
Earnings per share increased by 6 percent to 5.41 SEK (5.10) for the fourth quarter and by 9 percent to 20.63 SEK (18.88) for the full year. Adjusted earnings per share3) increased by 28 percent to 5.41 SEK (4.24) for the fourth quarter and by 26 percent to 20.63 SEK (16.40) for the full year.
During 2018, Swedish Match distributed 5,423 MSEK to its shareholders in the form of an ordinary dividend, a special dividend and share repurchases.
The Board proposes an increased dividend of 10.50 SEK per share.
The outlook for 2019 can be found on page 12.

1) Operating profit for Swedish Match product segments, which excludes Other operations and larger one-time items.
2) The full year 2017 included larger one-time items of 373 MSEK relating to capital gains from the sale of Scandinavian Tobacco Group (STG) shares and from the sale of a parcel of land as well as an income from a defined benefit plan amendment. The fourth quarter of 2017 included larger one-time items of 135 MSEK relating to a capital gain from the sale of STG shares and an income from a defined benefit plan amendment.
3) Earnings per share adjusted to exclude income from STG and larger one time-items.

Swedish Match comments on ECJ judgement

Nov 22, 2018 1:57 PM CET

Today, the European Court of Justice (ECJ) published its judgment concerning the prohibition to sell Swedish snus to other European Union Member States. The court rules that Swedish snus will continue to be excluded from the EU’s internal market.

Interim Report January – September 2018

Oct 26, 2018 8:15 AM CET

Highlights from the third quarter

In local currencies, sales increased by 10 percent for the third quarter. Reported sales increased by 16 percent to 3,388 MSEK (2,915).
In local currencies, operating profit from product segments1) increased by 13 percent for the third quarter. Reported operating profit from product segments increased by 19 percent to 1,317 MSEK (1,104).
Operating profit amounted to 1,305 MSEK (1,088) for the third quarter.
Profit after tax amounted to 959 MSEK (753) for the third quarter.
Earnings per share increased by 32 percent to 5.55 SEK (4.22) for the third quarter.

1) Operating profit for Swedish Match product segments, which excludes Other operations and larger one-time items.

Swedish Match has signed an agreement to acquire a majority share in Gotlands Snus AB

Jul 26, 2018 10:00 AM CET

Swedish Match has today signed an agreement to acquire a majority share in Gotlands Snus AB, a privately held Swedish company, located in Romakloster, Sweden, on the island of Gotland.

Half Year Report January – June 2018

Jul 19, 2018 8:15 AM CET

Highlights from the second quarter

In local currencies, sales increased by 10 percent for the second quarter. Reported sales increased by 9 percent to 3,336 MSEK (3,053).
In local currencies, operating profit from product segments1) increased by 16 percent for the second quarter. Reported operating profit from product segments increased by 15 percent to 1,293 MSEK (1,123).
Operating profit amounted to 1,263 MSEK (1,091) for the second quarter.
Profit after tax amounted to 928 MSEK (812) for the second quarter.
Earnings per share amounted to 5.31 SEK (4.48) for the second quarter. Adjusted earnings per share2) increased by 27 percent to 5.31 SEK (4.17).
The outlook statement on page 10 has been modified with regard to snus and nicotine pouches outside Scandinavia.

1) Operating profit for Swedish Match product segments, which excludes Other operations and larger one-time items.
2) Earnings per share adjusted to exclude income from Scandinavian Tobacco Group (STG) and larger one-time items.

Swedish Match (publ) share capital and total number of shares

May 31, 2018 10:00 AM CET

In accordance with the resolution at the Annual General Meeting on April 11, 2018, Swedish Match AB (publ) has cancelled 5,850,000 repurchased treasury shares.

Interim Report January – March 2018

May 4, 2018 8:15 AM CET

Highlights from the first quarter

In local currencies, sales increased by 10 percent for the first quarter. Reported sales increased by 4 percent to 2,941 MSEK (2,833).
In local currencies, operating profit from product segments1) increased by 11 percent for the first quarter. Reported operating profit from product segments increased by 6 percent to 1,079 MSEK (1,021).
Operating profit2) amounted to 1,047 MSEK (1,235) for the first quarter. The first quarter 2017 included larger one-time items of 238 MSEK relating to capital gains from the sale of STG shares and from the sale of a parcel of land.
Profit after tax amounted to 766 MSEK (932) for the first quarter.
Earnings per share amounted to 4.36 SEK (5.07) for the first quarter. Adjusted earnings per share3) increased by 15 percent to 4.36 SEK (3.78).
As of January 1, 2018, Swedish Match implemented the new revenue recognition standard, IFRS 15. This implementation has a significant effect on the recognition of net sales, but an immaterial impact on profit. Consequently, the Group’s reportable segments have changed. Financial statements of 2017 have been restated to reflect the recognition of revenue according to the new standard. Further information is given in Note 1, Accounting principles.

1) Operating profit for Swedish Match product segments, which excludes Other operations and larger one-time items.
2) Operating profit for the Group, which includes Other operations and larger one-time items.
3) Earnings per share adjusted to exclude income from Scandinavian Tobacco Group (STG) and larger one-time items.

Advocate General does not recommend the European Court of Justice to find the EU snus ban invalid

Apr 12, 2018 10:54 AM CET

Swedish Match Annual General Meeting 2018

Apr 11, 2018 5:35 PM CET

Major items approved by today’s Annual General Meeting include:

An ordinary dividend of 9.20 SEK per share and a special dividend of 7.40 SEK per share, in total 16.60 SEK per share
Mandate to repurchase up to 10 percent of all shares in the Company
Withdrawal of 5,850,000 repurchased company shares with a simultaneous bonus issue without issuing any new shares
Mandate to resolve on transfer of shares in the Company and to issue new shares

Swedish Match acquires Oliver Twist

Mar 23, 2018 3:00 PM CET

Swedish Match acquires House of Oliver Twist A/S, a privately held Danish smokeless tobacco company, headquartered in Odense, Denmark.

Swedish Match publishes Annual Report for 2017

Mar 19, 2018 3:30 PM CET

Swedish Match’s annual report for 2017 has been published and is available at the Group’s website.

Notice to the Annual General Meeting in Swedish Match AB (publ)

Mar 5, 2018 2:00 PM CET

The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting to be held on Wednesday, April 11, 2018, at 15.30 CET at the cinema Skandia, Drottninggatan 82, Stockholm, Sweden.

Full Year Report January – December 2017

Feb 14, 2018 8:15 AM CET

Highlights from the fourth quarter and full year

In local currencies, sales increased by 6 percent for the fourth quarter and by 3 percent for the full year. Reported sales increased by 2 percent to 4,044 MSEK (3,957) for the fourth quarter and by 4 percent to 16,101 MSEK (15,551) for the full year.
In local currencies, operating profit from product areas1) increased by 15 percent for the fourth quarter and by 5 percent for the full year. Reported operating profit from product areas increased by 9 percent to 1,044 MSEK (954) for the fourth quarter and by 6 percent to 4,218 MSEK (3,990) for the full year.
Operating profit amounted to 1,179 MSEK (954) for the fourth quarter and to 4,591 MSEK (6,420) for the full year2).
Profit after tax amounted to 904 MSEK (662) for the fourth quarter and to 3,400 MSEK (5,123) for the full year.
Earnings per share amounted to 5.10 SEK (3.61) for the fourth quarter and to 18.88 SEK (27.38) for the full year. Earnings per share excluding both larger one-time items, dividends from STG in 2017 and share of net profit in STG in 2016 increased by 17 percent to 4.24 SEK (3.61) for the fourth quarter and by 14 percent to 16.39 SEK (14.39) for the full year.
In November, Swedish Match completed the divestment of its remaining shareholding in STG.
During 2017, Swedish Match distributed 5,498 MSEK to its shareholders in the form of an ordinary dividend, a special dividend and share repurchases.
The Board proposes a dividend of 16.60 SEK per share consisting of an increased ordinary dividend of 9.20 SEK (8.50) and a special dividend of 7.40 SEK, following the final sale of shares in STG.
As of January 1, 2018, Swedish Match will apply the new revenue recognition standard, IFRS 15. While not impacting profit, this implementation will have a significant effect on the recognition of net sales. Further information is given in Note 1, Accounting principles.
The outlook for 2018 can be found on page 13.

1) Operating profit for Swedish Match product areas, which excludes larger one-time items and share of net profit in STG in 2016.
2) The full year 2017 includes larger one-time items of 373 MSEK relating to capital gains from the sale of STG shares and from the sale of a parcel of land as well as an income from a defined benefit plan amendment. Previous full year included larger one-time items of 2,254 MSEK relating to capital gains from the partial divestments of STG and an unrealized gain from revaluing Swedish Match’s then remaining shareholding in STG to market value as well as a capital gain from the sale of a distribution center. The fourth quarter of 2017 includes larger one-time items of 135 MSEK relating to a capital gain from the sale of STG shares and an income from a defined benefit plan amendment.

New Chief Financial Officer at Swedish Match

Dec 11, 2017 8:51 AM CET

Swedish Match today announced that Marlene Forsell has decided to resign as Chief Financial Officer for family reasons and that she will leave her position on March 9, 2018. She will be replaced by Tom Hayes who is currently Vice President Business Control and CFO in Swedish Match’s US Division.

Sale of shares in Scandinavian Tobacco Group A/S

Nov 9, 2017 9:08 AM CET

Swedish Match announces intention to sell its total shareholding in Scandinavian Tobacco Group A/S

Nov 8, 2017 6:54 PM CET

Interim Report January– September 2017

Oct 27, 2017 8:15 AM CET

Highlights from the third quarter

Sales increased by 1 percent in local currencies. Reported sales declined by 1 percent to 4,069 MSEK (4,118) for the third quarter.
Operating profit from product areas in local currencies increased by 2 percent. Reported operating profit from product areas1) amounted to 1,089 MSEK (1,089) for the third quarter.
Operating profit amounted to 1,089 MSEK (2,694) for the third quarter. The previous year’s third quarter included 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.
Profit after tax amounted to 753 MSEK (2,306 - positively affected by the larger one-time items mentioned above).
Earnings per share excluding both larger one-time items and share of net profit in STG amounted to 4.22 SEK (3.76). Reported earnings per share amounted to 4.22 SEK (12.32) for the third quarter.

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

Swedish Match acquires V2 Tobacco

Sep 1, 2017 8:45 AM CET

Swedish Match has acquired V2 Tobacco, a privately held smokeless tobacco company, primarily active in Europe. V2 Tobacco is headquartered in Silkeborg, Denmark.

General and Göteborgs Rapé One – by Swedish Match and Alexander Gustafsson

Sweden

Aug 14, 2017 9:00 AM CET

After collaborating for more than a year, Swedish Match and Alexander Gustafsson are now launching a series with three new snus products under the General and Göteborgs Rapé One brands.

Half Year Report January – June 2017

Jul 21, 2017 8:15 AM CET

Highlights from the second quarter

Sales increased by 8 percent to 4,214 MSEK (3,920) for the second quarter. In local currencies, sales increased by 4 percent.
Operating profit from product areas1) increased by 8 percent to 1,091 MSEK (1,008) for the second quarter. In local currencies, operating profit from product areas increased by 4 percent.
Operating profit amounted to 1,091 MSEK (1,061) for the second quarter.
Profit for the period amounted to 812 MSEK (752) for the second quarter.
Earnings per share amounted to 4.49 SEK (4.01) for the second quarter. Earnings per share excluding a dividend from STG in 2017 and share of net profit in STG in 2016 amounted to 4.18 SEK (3.72).
The outlook has been updated based on the developments during the first six months.

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

Millionth box sold by Swedish Match Store - at the Stockholm store

Sweden

Jun 27, 2017 9:30 AM CET

Today, Swedish Match sold its millionth snus can from Swedish Match Stores, and it was sold by the store at Kungsgatan 3 in Stockholm, which is one of four snus stores owned and operated by Swedish Match.

Norway’s first snus store to open in downtown Oslo

Sweden, Norway

Jun 22, 2017 9:15 AM CET

Swedish Match is now opening Norway’s first snus store in the pedestrian area at Aker Brygge in downtown Oslo.

Swedish Match repurchases own shares

Jun 20, 2017 8:45 AM CET

Swedish Match AB (publ) has resolved to repurchase shares during the period June 20, 2017 to July 21, 2017 of an amount up to 250 MSEK.

Swedish Match (publ) share capital and total number of shares

May 31, 2017 10:00 AM CET

In accordance with the resolution at the Annual General Meeting on May 4, 2017, Swedish Match AB (publ) has cancelled 6,950,000 repurchased treasury shares.

Interim Report January – March 2017

May 8, 2017 8:15 AM CET

Sales increased by 6 percent to 3,775 MSEK (3,557) for the first quarter. In local currencies, sales increased by 3 percent.
Operating profit from product areas1) increased by 6 percent to 994 MSEK (939) for the first quarter. In local currencies, operating profit from product areas1) increased by 1 percent.
Operating profit2) amounted to 1,232 MSEK (1,711) for the first quarter, and included larger one-time items of 238 MSEK relating to the capital gains from divestment of shares in Scandinavian Tobacco Group (STG) and sale of land. The prior year included larger one-time items of 704 MSEK relating to the capital gains from divestment of shares in STG and divestment of a distribution center property.
Profit for the period amounted to 930 MSEK (1,404) for the first quarter.
Earnings per share amounted to 5.06 SEK (7.44) for the first quarter. Earnings per share excluding larger one-time items and share of net profit in STG amounted to 3.76 SEK (3.35).
In January, as previously announced, Swedish Match reduced its ownership in STG from 18.1 percent to 9.1 percent.

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 Annual General Meeting 2017

May 4, 2017 7:14 PM CET

Göteborgs Rapé Strong is back - now in the ordinary range

Sweden

Apr 24, 2017 9:00 AM CET

Effective April 24, Swedish Match is relaunching Göteborgs Rapé Strong, a stronger variety of the classic Göteborgs Rapé White.

Notice to the Annual General Meeting in Swedish Match AB (publ)

Mar 29, 2017 10:00 AM CET

The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting to be held on Thursday, May 4, 2017, at 15.30 CET at the cinema Skandia, Drottninggatan 82, Stockholm, Sweden.

Swedish Match publishes annual report for 2016

Mar 24, 2017 11:30 AM CET

Swedish Match’s annual report for 2016 has been published and is available at the Group’s website, www.swedishmatch.com/annual-reports.

New e-commerce service from Swedish Match – entire snus range available online

Sweden

Mar 1, 2017 9:30 AM CET

From March 1, people living in Sweden will be able to order Swedish Match’s entire snus range online. With the new e-commerce service, www.swedishmatch.se, you can order the entire snus range, make your own snus blend and have it delivered directly to your door. You can also order freshly made snus, meaning the factory’s latest production. Naturally, the website includes age control for purchasing to ensure that the products are only sold to people over 18.

New member proposed for Swedish Match Board of Directors

Feb 24, 2017 10:45 AM CET

At the upcoming Annual General Meeting on May 4, 2017, the Nominating Committee of Swedish Match AB will propose the election of Pauline Lindwall as a new member of the Swedish Match Board of Directors.

Full Year Report January – December 2016

Feb 17, 2017 8:15 AM CET

Sales increased by 6 percent to 3,957 MSEK (3,719) for the fourth quarter and by 7 percent to 15,551 MSEK (14,486) for the full year. In local currencies, sales increased by 3 percent for the fourth quarter and by 7 percent for the full year.
Operating profit from product areas1) increased by 5 percent to 954 MSEK (908) for the fourth quarter and by 8 percent to 3,990 MSEK (3,690) for the full year. In local currencies, operating profit from product areas1) was flat for the fourth quarter and increased by 8 percent for the full year.
Operating profit2) amounted to 954 MSEK (908) for the fourth quarter and to 6,420 MSEK (4,008) for the full year. The operating profit2) for the full year includes larger one-time items of 2,109 MSEK relating to capital gains from the partial divestments of STG and an unrealized gain from revaluing Swedish Match’s remaining holding in STG to market value as well as 145 MSEK related to the sale of a distribution center (prior year included a restructuring provision of 42 MSEK).
Earnings per share (basic) amounted to 3.61 SEK (3.34) for the fourth quarter and to 27.38 SEK (14.48) for the full year. Earnings per share for the fourth quarter and the full year, excluding STG and adjusted for larger one-time items, amounted 3.61 SEK (3.34) and to 14.39 SEK (12.79), respectively.
During 2016, Swedish Match distributed the proceeds from the two divestments of shares in STG as two special dividends of 12.00 SEK and 9.50 SEK per share, in total 4,016 MSEK.
Following the close of the period Swedish Match reduced its ownership in STG from 18.1 percent to 9.1 percent.
The Board of Directors proposes a dividend of 16.00 SEK per share consisting of an increased ordinary dividend of 8.50 SEK (8.00) and a special dividend of 7.50 SEK, following Swedish Match’s divestment of shares in STG in January 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. The full year 2016 only includes Swedish Match’s share of STG’s net profit until the date of partial divestment in September, thereafter, the shareholding in STG has been reclassified as a financial asset. The full year 2015 includes only the first nine months of net profit in STG due to transition to a one quarter lag in Swedish Match’s reporting for STG. Thereby, the fourth quarter in 2016 and 2015 do not include any share of net profit in STG. See Note 3.

Swedish Match intends to appeal the decision by the Swedish Patent and Market Court

Feb 8, 2017 1:21 PM CET

During 2012, Swedish Match initiated a standardized labelling system in its own snus coolers placed in stores at no cost to the retailers.

With Kaliber+ we’ve added more of the best

Sweden

Jan 30, 2017 1:30 PM CET

At the end of January, the latest addition to the Swedish Match range, Kaliber+, was launched widely in the Swedish retail trade. Kaliber+ is a further development of the Kaliber series, in which Swedish Match has prioritized a stronger product with a more fully packed portion and greater flavor. Two varieties of Kaliber+ will be launched, original and white, at a price of SEK 29 per can in Swedish Match Stores.

Sale of shares in Scandinavian Tobacco Group A/S

Jan 19, 2017 7:47 AM CET

Swedish Match announces intention to place a portion of its shares of Scandinavian Tobacco Group A/S

Jan 18, 2017 5:27 PM CET

Swedish Match Extraordinary Shareholders’ Meeting 2016

Dec 16, 2016 9:36 AM CET

At the Extraordinary Shareholders’ Meeting of Swedish Match AB (publ) on December 16, it was resolved, in accordance with the proposal of the Board of Directors, to pay a special dividend of 9.50 SEK per share.

FDA issues a response to application from Swedish Match

Dec 14, 2016 6:38 PM CET

Swedish Match was informed earlier today by the FDA that General Snus will not, for the time being, be designated as a Modified Risk Tobacco Product - MRTP. The FDA did, however, outline the process forward and encouraged Swedish Match to continue its efforts to seek modified risk status for General Snus. Swedish Match interprets their position as wanting to further discuss on how to best communicate a modified risk message to the general public.

Launch of General Kardus 2017 postponed until late February

Sweden

Nov 30, 2016 9:00 AM CET

The launch of the 2017 edition of General Kardus has been postponed until the end of February. For the past two years, the annual edition of General Kardus has been released on December 1 and this was also the goal for the 2017 edition. The reason for the delay is that the original product did not meet all of Swedish Match’s quality requirements for the tobacco blend used in General Kardus.

Brand-new beer snus from Swedish Match – Göteborgs Rapé Humle

Sweden

Nov 25, 2016 9:00 AM CET

Swedish Match is launching its first beer snus, Göteborgs Rapé Humle, which has been developed in partnership with Fjäderholmarna Brewery.

Put the used pouch in the garbage

Sweden

Nov 21, 2016 9:07 AM CET

According to information published by the Swedish Water & Wastewater Association on November 17, an amount equivalent to 1,100 tons of snus is thrown in the toilet bowl every year. Swedish Match therefore wants to appeal to all users of snus, which total over a million Swedes, to always use the garbage can.

Notice to the Extraordinary Shareholders’ Meeting in Swedish Match AB (publ)

Nov 17, 2016 10:00 AM CET

The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Extraordinary Shareholders’ Meeting to be held on Friday, December 16, 2016, at 09.00 CET at Sveavägen 44, Stockholm, Sweden.

Interim Report January – September 2016

Oct 28, 2016 8:15 AM CET

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.

Swedish Match’s Board of Directors has resolved to propose special dividend

Oct 27, 2016 6:30 PM CET

The Board of Directors of Swedish Match has resolved to propose a special dividend of 9.50 SEK per share at an extraordinary general meeting that will be held in Stockholm, Sweden, on December 16, 2016.

Swedish Match has issued new notes

Sep 14, 2016 4:45 PM CET

Swedish Match has today completed an issuance of new notes in the Euro market. A total of EUR 300 million was issued with a 8 year tenor with a coupon of 0.875%. The notes have been hedged into SEK. The proceeds will be used for refinancing of existing indebtedness and for general corporate purposes.

Swedish Match is contemplating issuance of public note and a tender of part of outstanding note

Sep 13, 2016 1:31 PM CET

Swedish Match is contemplating the issuance of senior unsecured EUR denominated notes and a tender of part of Swedish Match’s outstanding EUR denominated notes due 24 November 2017. A capital markets transaction will follow, subject to market conditions.

Sale of shares in Scandinavian Tobacco Group A/S

Sep 7, 2016 8:00 AM CET

Swedish Match announces intention to place a portion of its shares of Scandinavian Tobacco Group A/S

Sep 6, 2016 5:00 PM CET

Half Year Report January – June 2016

Jul 22, 2016 8:15 AM CET

Sales increased by 8 percent to 3,920 MSEK (3,644) for the second quarter. In local currencies, sales increased by 10 percent.
Operating profit from product areas1) increased by 8 percent to 1,008 MSEK (937) for the second quarter. In local currencies, operating profit from product areas1) increased by 11 percent.
Growth of sales and operating profit from product areas1) was positively affected by calendar effects in Scandinavia (timing of Easter and differences in number of delivery days).
Operating profit2) amounted to 1,061 MSEK (1,021) for the second quarter.
Earnings per share amounted to 4.01 SEK (3.62) for the second quarter. Adjusted earnings per share3) amounted to 4.01 SEK (3.79).
The outlook has been updated based on the developments during the first six months, but remains broadly the same as the previous outlook for the full year.

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. For the second quarter 2016, Swedish Match’s reported share of STG’s net profit represents 31.1 percent of STG’s first quarter 2016 net profit.
3) Adjusted for Swedish Match’s larger one-time items in 2015.

Swedish Match (publ) share capital and total number of shares

May 31, 2016 10:00 AM CET

In accordance with the resolution at the Annual General Meeting on April 28, 2016, Swedish Match AB (publ) has cancelled 7,750,000 repurchased treasury shares.

Swedish Match appoints Fredrik Peyron as Senior Vice President Regulatory Affairs and Group Communications

May 18, 2016 4:31 PM CET

As of May 16 2016, Fredrik Peyron has been appointed new Senior Vice President Regulatory Affairs and Group Communications. Fredrik has worked in different capacities at Swedish Match during the years 2000-2014, and he has also been the General Counsel at Autoliv.

Swedish Match launches Göteborgs Rapé Stark

Sweden

May 13, 2016 9:30 AM CET

Swedish Match and Salong Betong tattoo studio in brand new design collaboration

Interim Report January – March 2016

May 4, 2016 8:15 AM CET

Sales increased by 6 percent to 3,557 MSEK (3,368) for the first quarter. In local currencies, sales increased by 7 percent.
Operating profit from product areas1) increased by 8 percent to 939 MSEK (866) for the first quarter. In local currencies, operating profit from product areas1) increased by 10 percent.
Growth of sales and operating profit from product areas1) was positively affected by lower trade destocking in Scandinavia in 2016 than in 2015.
Operating profit2) amounted to 1,711 MSEK (1,014) for the first quarter, including larger one-time items of 704 MSEK relating to the capital gains of the previously announced partial divestment of STG and the divestment of distribution center real estate.
Earnings per share amounted to 7.44 SEK (3.68) for the first quarter. Adjusted earnings per share increased by 9 percent to 3.71 SEK (3.40)3).
As previously announced, STG was listed on Nasdaq Copenhagen during the first quarter and in connection with the listing, Swedish Match reduced its ownership in STG from 49 percent to 31.1 percent.

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. For the first quarter 2016, Swedish Match’s reported share of STG’s net profit represents 31.1 percent of STG’s fourth quarter 2015 net profit.
3) Adjusted for Swedish Match’s larger one-time items in 2016 and the adjustment of share of profit in STG for the reassessment of useful lives of certain assets (primarily trademarks) in the first quarter 2015.

Swedish Match Annual General Meeting 2016

Apr 28, 2016 6:05 PM CET

Swedish Match publishes annual report for 2015

Mar 24, 2016 10:30 AM CET

Swedish Match’s annual report for 2015 has been published and is available at the Group’s website, www.swedishmatch.com/annual-reports.

Notice to the Annual General Meeting in Swedish Match AB (publ)

Mar 22, 2016 10:00 AM CET

The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting to be held on Thursday, April 28, 2016, at 15.30 CET at the cinema Skandia, Drottninggatan 82, Stockholm, Sweden.

New limit values for GOTHIATEK^®

Sweden

Mar 22, 2016 8:00 AM CET

Swedish Match is now lowering the limit values for undesired substances in snus and is also adding limit values for other undesired substances.

Swedish Match comments on the exercise in part of the overallotment option in connection with the IPO of STG

Mar 11, 2016 8:45 AM CET

General Mackmyra – a snus with the flavor of Swedish malt whisky

Sweden

Feb 26, 2016 11:50 AM CET

To celebrate General’s 150th anniversary, Swedish Match has teamed with Swedish whisky maker Mackmyra to develop a whisky snus that combines the craftsmanship of snus blending and whisky making in a joint product offering.

Full Year Report January – December 2015

Feb 19, 2016 8:15 AM CET

Sales for the full year increased by 9 percent to 14,486 MSEK (13,305) and for the fourth quarter by 5 percent to 3,719 MSEK (3,536). In local currencies, sales increased by 2 percent for both the full year and for the fourth quarter.
Operating profit from product areas1) for the full year increased by 7 percent to 3,690 MSEK (3,446) and for the fourth quarter by 1 percent to 908 MSEK (900). In local currencies, operating profit from product areas1) declined by 2 percent for the full year and declined by 4 percent for the fourth quarter.
Swedish Match has, beginning this reporting period, started reporting its share of STG’s net profit with a one quarter lag, due to differences in reporting schedules between Swedish Match and STG. Due to this, no net profit from STG was recognized for the October-December 2015 period.
Operating profit2) (excluding share of STG’s net profit for the fourth quarter 2015 due to changed reporting) amounted to 4,008 MSEK (3,780) for the full year and to 908 MSEK (992) for the fourth quarter.
EPS (basic) for the full year amounted to 14.48 SEK (13.23) and to 3.34 SEK (3.55 including 0.47 from share of net profit in STG) for the fourth quarter. The decline in EPS for the fourth quarter was fully attributable to the changed reporting relating to STG.
The Board of Directors proposes a dividend of 20.00 SEK per share consisting of an increased ordinary dividend of 8.00 SEK (7.50) and a special dividend of 12.00 SEK, following Swedish Match’s partial divestment of STG in conjunction with the listing of STG on Nasdaq Copenhagen.
Following the close of the period STG was listed on Nasdaq Copenhagen and Swedish Match reduced its ownership from 49 percent to 31.2 percent.

1) Operating profit for Swedish Match product areas, which excludes 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 comments on the completion of the IPO of Scandinavian Tobacco Group and the Board of Directors’ propose a special dividend to Swedish Match’s shareholders

Feb 10, 2016 8:45 AM CET

XRANGE (XR) grows and adds two new products

Sweden

Feb 3, 2016 8:30 AM CET

Swedish Match launched XR in April 2015. After just over nine months on the market, it has grown to become the ninth largest snus brand in Sweden, capturing a market share of nearly 6 percent. Now XR is growing further and adding two new products: XR Grov and XR General Salmiak. This will therefore be the first time the Grov brand will be available in the XR format.

Swedish Match starts reporting its share of results from Scandinavia Tobacco Group based on a one quarter lag

Jan 28, 2016 10:30 AM CET

Swedish Match announces that Scandinavian Tobacco Group A/S publishes offering circular in connection with its contemplated IPO.

Jan 28, 2016 8:59 AM CET

NOT FOR RELEASE OR DISTRIBUTION OR PUBLICATION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN. This announcement does not constitute an offering circular and nothing herein contains an offering of securities. No one should purchase or subscribe for any securities in Scandinavian Tobacco Group A/S (“STG”) except on the basis of information in any offering circular published by STG in connection with the potential offering and admission of such securities to trading and official listing on Nasdaq Copenhagen A/S (“Nasdaq Copenhagen”). Copies of any such offering circular will, following publication, be available from STG’s registered office and on the website of the STG.

Solstickan – Birthday celebrations for famous 80-year old boy

Sweden

Jan 19, 2016 9:30 AM CET

Since 1936, the famous Solstickan boy has been portrayed on most match boxes sold in Sweden. For every product sold under the Solstickan brand, a portion of sales goes to The Solstickan Foundation. The foundation works for the benefit of children and the elderly by granting project funds, research scholarships and an annual Solstickan Award. Since its inception, over 100 million SEK has been donated by the foundation to different charities.

Swedish Match comments on the announced intention to launch an Initial Public Offering of Scandinavian Tobacco Group

Jan 14, 2016 8:20 AM CET

Swedish Match launches General Kardus Fäviken 2016

Sweden

Dec 1, 2015 8:00 AM CET

2016 marks the 150th anniversary of General, Scandinavia’s largest snus brand. To celebrate this, Swedish Match is launching the exclusive snus General Kardus Fäviken 2016, created by perfectionist Johan A Boman in 1866 and now interpreted by Chef Magnus Nilsson at Fäviken Magasinet – 150 years later.

Swedish Match comments on the strategic review of STG

Nov 26, 2015 8:30 AM CET

Further to the announcement in the press release of February 9, 2015, the strategic review to identify future opportunities for Scandinavian Tobacco Group (STG) has continued. As part of the review, STG management has together with its Board of Directors established expectations with regard to the financial development for STG Group.

Interim Report January – September 2015

Nov 4, 2015 8:15 AM CET

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.

Mustang – A robust snus from Swedish Match

Sweden

Sep 10, 2015 10:00 AM CET

Swedish Match’s new venture in the low-price segment is named Mustang.

Long-awaited comeback of Göteborgs Rapé Original

Sweden

Sep 8, 2015 11:00 AM CET

Göteborgs Rapé Original was withdrawn from the Swedish Match range at the start of the 2000s to make way for the innovative Göteborgs Rapé White, which is now one of the best-selling snus products in Sweden.

Swedish Match releases seasonal edition “Ettan Jakt”

Sweden

Aug 26, 2015 2:00 PM CET

For the autumn season, Swedish Match is launching a special edition of its traditional brand Ettan. It has been named Ettan Jakt and is a limited design edition of Ettan loose.

Half Year Report January – June 2015

Jul 17, 2015 8:15 AM CET

Sales for the second quarter increased by 9 percent to 3,644 MSEK (3,339). In local currencies, sales were marginally higher than prior year.
Operating profit from product areas1) for the second quarter increased by 9 percent to 937 MSEK (862). In local currencies operating profit from product areas1) declined by 1 percent.
Operating profit2) amounted to 1,021 MSEK (941) for the second quarter. Excluding a restructuring provision of 42 MSEK related to the relocation of distribution facilities in Sweden, recognized as a larger one-time item, operating profit amounted to 1,063 MSEK (941).
EPS (basic) for the second quarter amounted to 3.62 SEK (3.27). Adjusted EPS3) amounted to 3.79 SEK (3.27).

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.
3) Adjusted for larger one-time item.

Swedish Match and Philip Morris International to dissolve smokeless joint venture

Jul 16, 2015 1:00 PM CET

Swedish Match and Philip Morris International (PMI) have mutually agreed to dissolve their joint venture agreement relating to the sale of smokeless tobacco products outside Scandinavia and the US.

Swedish Match to continue to sell General snus in Canada, Russia and Malaysia
Swedish Match sees good opportunities for its snus products internationally over the longer term

Swedish Match opens store in the capital of snus, Gothenburg

Sweden

Jul 3, 2015 2:40 PM CET

Today, July 3, Swedish Match is opening a snus store on Kungstorget in Gothenburg. The store will offer adult snus users a unique experience in the craftsmanship, history and quality of snus. In conjunction with the opening, a limited edition of the snus product, Göteborgs Rapé, will be launched as a tribute to Gothenburg.

Swedish Match (publ) share capital and total number of shares

May 29, 2015 10:00 AM CET

In accordance with the resolution at the Annual General Meeting on April 23, 2015, Swedish Match AB (publ) has cancelled 4,000,000 repurchased treasury shares.

Interim Report January – March 2015

May 8, 2015 8:15 AM CET

Sales for the first quarter increased by 12 percent to 3,368 MSEK (3,014). In local currencies, sales increased by 1 percent.
Operating profit from product areas1) for the first quarter increased by 7 percent to 866 MSEK (809). In local currencies operating profit from product areas1) declined by 4 percent.
Sales and operating profit from product areas during the first quarter were negatively impacted by trade destocking of snus in Scandinavia following excise tax increases on January 1st.
Operating profit2) amounted to 1,014 MSEK (858) for the first quarter. The operating profit2) was positively affected by an adjustment of the share of net profit in STG of 56 MSEK relating to a reassessment of useful lives primarily of trademarks in STG.
EPS (basic) for the first quarter amounted to 3.68 SEK (2.91). EPS (basic) excluding the STG adjustment amounted to 3.40 SEK (2.91).

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.

Swedish Match Annual General Meeting 2015

Apr 23, 2015 7:05 PM CET

XRANGE – The year’s biggest launch from Swedish Match

Sweden

Mar 30, 2015 2:45 PM CET

In April, Swedish Match is launching Sweden’s first brand-transcending snus series: XRANGE. The snus series comprises five portion-packed products from three of Sweden’s classic brands: General, Göteborgs Rapé and Catch. XRANGE is a competitively priced product in a discreet portion pouch that is less runny and keeps its flavor longer.

Swedish Match publishes annual report for 2014

Mar 20, 2015 3:00 PM CET

Swedish Match’s annual report for 2014 has been published and is available at the Group’s website, www.swedishmatch.com/annual-reports.

Notice to the Annual General Meeting in Swedish Match AB (publ)

Mar 17, 2015 10:00 AM CET

The shareholders of Swedish Match AB (publ), Reg. No. 556015-0756, are hereby notified of the Annual General Meeting to be held on Thursday, April 23, 2015, at 16.30 CET at Citykonferensen, Malmskillnadsgatan 46, Stockholm, Sweden.

Full Year Report January – December 2014

Feb 18, 2015 8:15 AM CET

Sales for the full year increased by 6 percent to 13,305 MSEK (12,610) and for the fourth quarter by 11 percent to 3,536 MSEK (3,178). In local currencies, sales increased by 4 percent for the full year and by 7 percent for the fourth quarter.
Operating profit from product areas1) for the full year increased by 2 percent to 3,446 MSEK (3,375) and for the fourth quarter by 8 percent to 900 MSEK (835). In local currencies, operating profit from product areas1) increased by 1 percent for the full year and by 4 percent for the fourth quarter.
Operating profit2) amounted to 3,780 MSEK (3,855 including a capital gain of 161 MSEK) for the full year and to 992 MSEK (932) for the fourth quarter.
EPS (basic) for the full year amounted to 13.23 SEK (13.63) and 3.55 SEK (3.43) for the fourth quarter. EPS (basic), excluding larger one-time items, for the full year amounted to 13.23 SEK (12.82).
The Board proposes an increased dividend to 7.50 SEK (7.30).

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

Swedish Match – update on Scandinavian Tobacco Group

Feb 9, 2015 8:45 AM CET

As communicated earlier, Swedish Match with the other shareholder of Scandinavian Tobacco Group (STG) have engaged advisors to assess strategic alternatives with regards to STG. In the strategic review further opportunities have been identified and the shareholders of STG have agreed that it is in their best interests to continue growing STG under the leadership of Niels Frederiksen, the newly appointed CEO, in view of a potential future Initial Public Offering.

Swedish Match comments on Competition Authority lawsuit

Dec 10, 2014 8:30 AM CET

As previously communicated the Swedish Competition Authority has been conducting an investigation regarding a uniform labelling system for snus coolers owned by Swedish Match and placed in retail outlets. On December 9, 2014 the Competition Authority submitted a lawsuit to the Stockholm district court. In its submission, the Competition Authority alleges that Swedish Match, when implementing the labelling system, has abused a dominant position on the Swedish snus market in breach of the competition legislation. Swedish Match does not agree with this allegation and will defend the case vigorously.

Swedish Match launches its most exclusive snus – Ever

Sweden

Dec 1, 2014 12:00 PM CET

It has taken Swedish Match over two years to develop General Kardus Selection 2015 – an effort that has resulted in Swedish Match’s most exclusive snus ever. A limited amount of 4,000 individually numbered containers has been manufactured with a recommended store price of SEK 799.

Interim Report January – September 2014

Oct 24, 2014 8:15 AM CET

Sales for the third quarter increased by 6 percent to 3,416 MSEK (3,230). In local currencies, sales increased by 3 percent.
Operating profit from product areas1) for the third quarter increased by 5 percent to 874 MSEK (836) and by 2 percent in local currencies.
Operating profit from product areas1) was also up by 2 percent in local currencies when adjusted for increased costs related to international snus and restructuring charges in 2013.
Operating profit2) amounted to 989 MSEK (924) for the third quarter.
EPS (basic) for the third quarter increased by 11 percent to 3.50 SEK (3.15).

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

First flavored snus – largest flavored snus brand

Sweden

Sep 29, 2014 1:00 PM CET

When Catch Licorice snus was launched in 1984, it was the first brand in the Swedish market to offer portion-packed snus with a non-traditional snus flavor. Thirty years later, the Catch family has grown to become one of Sweden’s largest snus brands through a successful innovation effort focusing on flavoring, portion optimization and moisture content.

Nick & Johnny change style

Sweden

Sep 29, 2014 10:00 AM CET

In autumn 2014, the brand concept for Nick & Johnny will be renewed in the form of a design change, a name change and recipe improvements.

FDA seeks comments on the Swedish Match MRTP application

Sep 10, 2014

The Modified Risk Tobacco Product (MRTP) application submitted by Swedish Match has been determined to be complete and filed by the US Food and Drug Administration (FDA) Center for Tobacco Products (CTP).

Half Year Report January – June 2014

Jul 18, 2014 8:15 AM CET

Sales for the second quarter increased by 4 percent to 3,339 MSEK (3,220). In local currencies, sales for the second quarter also increased by 4 percent.
Operating profit from product areas1) declined for the second quarter by 1 percent to 862 MSEK (871). In local currencies, operating profit from product areas1) also declined by 1 percent for the second quarter.
Operating profit2) amounted to 941 MSEK (968) for the second quarter.
EPS (basic) for the second quarter amounted to 3.27 SEK (3.34).

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

Swedish Match submits a Modified Risk Tobacco Product (MRTP) application

Jun 11, 2014 8:50 AM CET

• Application pertains to sub-brands for the General snus product line in the US
• Application seeks a risk modification order which would allow changes to warning label statements currently required for smokeless tobacco products
• Application includes extensive research findings on Swedish snus
• Swedish Match has been actively engaged in the FDA regulatory science process

Swedish Match AB (publ) share capital and total numbers of shares

May 30, 2014 8:00 AM CET

In accordance with the resolution at the Annual General Meeting on May 7, 2014, Swedish Match AB (publ) has cancelled 1,500,000 repurchased treasury shares.

Interim Report January – March 2014

May 9, 2014 8:15 AM CET

· Sales for the first quarter increased by 1 percent to 3,014 MSEK (2,982). In local currencies, sales for the first quarter increased by 2 percent.
· Operating profit from product areas1) declined for the first quarter by 3 percent to 809 MSEK (832). In local currencies, operating profit from product areas1) also declined by 3 percent for the first quarter.
· Operating profit2) amounted to 858 MSEK (1,031 or 872 excluding larger one-time items) for the first quarter.
· EPS (basic) for the first quarter amounted to 2.91 SEK (3.72) while EPS (basic) excluding larger one-time items amounted to 2.91 SEK (2.92).

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

Swedish Match Annual General Meeting 2014

May 7, 2014 6:41 PM CET

World's second snus store opens in Strömstad

Sweden

Apr 2, 2014 2:11 PM CET

In December 2012, Swedish Match opened the doors to the world’s first snus store on Kungsgatan in Stockholm, Sweden. It quickly became a success, with more than 70,000 visitors in the first year. Swedish Match has now decided to follow up the success with a second store in Nordby Shopping Center in Strömstad, in collaboration with Orvelins. The stores are a meeting place for all the snus users in the world, where they will be given a unique opportunity to receive personal assistance and information from competent store staff.

Annual General Meeting in Swedish Match AB (publ)

Mar 31, 2014 10:00 AM CET

The shareholders of Swedish Match AB (publ) are hereby notified of the Annual General Meeting to be held on Wednesday, May 7, 2014 at 16.30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.

Swedish Match publishes annual report for 2013

Mar 25, 2014 2:30 PM CET

Swedish Match’s annual report for 2013 has been published and is available at the Group’s website, www.swedishmatch.com/.

Full Year Report January – December 2013

Feb 19, 2014 8:15 AM CET

· Sales for the full year increased by 1 percent to 12,610 MSEK (12,486) and for the fourth quarter by 1 percent to 3,178 MSEK (3,148). In local currencies, sales for both the full year and the fourth quarter increased by 3 percent.
· Operating profit from product areas1) for the full year declined by 8 percent to 3,375 MSEK (3,666) and for the fourth quarter by 5 percent to 835 MSEK (883). In local currencies, operating profit from product areas1) for the full year declined by 6 percent and by 5 percent for the fourth quarter.
· Operating profit2) amounted to 3,855 MSEK (4,062) for the full year and to 932 MSEK (986) for the fourth quarter.
· EPS (basic) for the full year amounted to 13.63 SEK (14.33) and for the fourth quarter to 3.43 SEK (3.93).
· The Board proposes an unchanged dividend of 7.30 SEK.

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

Swedish Match launches new snus range – General Variation

Sweden

Jan 14, 2014 11:44 AM CET

The story of General began back in 1866 with the founder Johan A Boman’s search for the perfect snus. It was a search that would require four years of experimentation before he was satisfied with his recipe. Today, General is recognized as the original Swedish snus and has grown to become one of the world’s best-known snus brands. In keeping with this heritage, Swedish Match has now developed a new product range focused on sophisticated flavors, genuine craftsmanship and multifaceted enjoyment. General Variation - A flavorsome evolution of the original Swedish snus.

Interim Report January – September 2013

Oct 29, 2013 8:15 AM CET

• Sales for the third quarter increased by 1 percent to 3,230 MSEK (3,208). In local currencies, sales for the third quarter increased by 2 percent.
• Operating profit from product areas1) for the third quarter includes restructuring charges of 28 MSEK and declined by 11 percent to 836 MSEK (942).
• In local currencies, operating profit from product areas1) for the third quarter declined by 10 percent or 7 percent excluding restructuring charges.
• Operating profit2) declined by 10 percent to 924 MSEK (1,022) for the third quarter.
• EPS (basic) for the third quarter amounted to 3.15 SEK (3.41).

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.

New look for General snus is unveiled in the US

USA

Oct 14, 2013 12:16 PM CET

Smart, revolutionary new packaging for General snus was unveiled this week at the National Association of Convenience Stores (NACS) annual trade show in Atlanta, Georgia.

Revised outlook for US cigars

Oct 11, 2013 8:15 AM CET

Swedish Match names President of reorganized Scandinavia Division and new Chief Financial Officer

Sep 9, 2013 9:00 AM CET

Swedish Match today announced its decision to reorganize its operating structure, by integrating its Scandinavia Division and Smokefree Products Division into a new streamlined Scandinavia Division. It has also announced a new Group Management Team (GMT) resulting from this reorganization.

Half Year Report January – June 2013

Jul 19, 2013 8:15 AM CET

· Sales for the second quarter amounted to 3,220 MSEK (3,213). In local currencies, sales for the second quarter increased by 3 percent.
· Operating profit from product areas1) for the second quarter declined by 7 percent to 871 MSEK (938). In local currencies, operating profit from product areas1) for the second quarter declined by 5 percent.
· Operating profit2) declined by 11 percent to 968 MSEK (1,082) for the second quarter.
· EPS (basic), excluding larger one-time items, for the second quarter amounted to 3.33 SEK (3.57).

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

Game introduces Red cigarillos

USA

Jul 10, 2013 10:35 AM CET

Game by Garcia y Vega announces the latest innovation in cigarillos, FoilFresh^® Red.

Swedish Match share capital and total numbers of shares

May 31, 2013 8:00 AM CET

Interim Report January – March 2013

Apr 29, 2013 8:15 AM CET

· Sales for the first quarter increased by 2 percent to 2,982 MSEK (2,917). In local currencies, sales for the first quarter increased by 5 percent.
· Operating profit from product areas1) for the first quarter declined by 8 percent to 832 MSEK (903). In local currencies, operating profit from product areas1) for the first quarter declined by 6 percent.
· Operating profit2) increased by 6 percent to 1,031 MSEK (972) for the first quarter, and includes an additional capital gain of 159 MSEK on the disposal of the former head office site in Stockholm.
· EPS (basic) for the first quarter increased by 14 percent to 3.72 SEK (3.27), excluding larger one-time items EPS (basic) declined by 11 percent to 2.92 SEK (3.27).

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

General introduces tailored snus

Sweden

Apr 26, 2013 10:05 AM CET

General Tailored is a new, customized portion snus. The portion pouches are softer, with optimum fit and a sleeker can. This is all done to offer a tailored snus experience, down to the last detail. The flavor is classic General, but with distinct elements of bergamot.

Swedish Match Annual General Meeting 2013

Apr 25, 2013 6:28 PM CET

Swedish Match publishes annual report for 2012

Mar 25, 2013 4:00 PM CET

Swedish Match’s annual report for 2012 has been published and is available at the Group’s website, www.swedishmatch.com/annual-reports/.

Annual General Meeting of Swedish Match AB (publ)

Mar 19, 2013 10:00 AM CET

The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Thursday, 25 April, 2013 at 16.30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.

New member proposed for Swedish Match Board of Directors

Mar 11, 2013 11:00 AM CET

At the upcoming Annual General Meeting on April 25, 2013, the Nominating Committee of Swedish Match AB will propose the election of Wenche Rolfsen as a new member of the Swedish Match Board of Directors.

Full Year Report January – December 2012

Feb 20, 2013 8:15 AM CET

· Sales for the full year increased by 7 percent to 12,486 MSEK (11,666) and for the fourth quarter by 3 percent to 3,148 MSEK (3,064). In local currencies, sales for the full year increased by 6 percent and for the fourth quarter by 4 percent
· Operating profit from product areas1) for the full year increased by 9 percent to 3,666 MSEK (3,365). For the fourth quarter operating profit from product areas1) decreased by 2 percent to 883 MSEK (898). In local currencies, operating profit from product areas1) for the full year increased by 8 percent and was flat for the fourth quarter
· Operating profit2) amounted to 4,062 MSEK (3,702) for the full year and to 986 MSEK (1,022) for the fourth quarter
· EPS (basic) for the full year increased by 18 percent to 14.33 SEK (12.14) and for the fourth quarter by 15 percent to 3.93 SEK (3.42)
· The Board proposes an increased dividend to 7.30 SEK (6.50)

1. Operating profit for Swedish Match product areas, which excludes share of net profit in STG and larger one time items.
2. Operating profit for the Group includes share of net profit in STG and larger one time items.

White Owl and Game introduce the new standard in cigarillos

USA

Jan 8, 2013 12:00 PM CET

White Owl and Game by Garcia y Vega proudly announce the latest innovation in cigarillos, FoilFresh^® Gold!

Interim Report January – September 2012

Oct 30, 2012 8:15 AM CET

· Sales for the third quarter increased by 7 percent to 3,208 MSEK (3,011) and by 6 percent in local currencies
· Operating profit from product areas1) for the third quarter increased by 4 percent to 942 MSEK (909) and by 3 percent in local currencies
· Operating profit2) increased by 4 percent to 1,022 MSEK (983) for the third quarter
· EPS (basic) for the third quarter increased by 4 percent to 3.41 SEK (3.28), EPS (basic) for the first nine months increased by 19 percent to 10.40 SEK (8.72)

1. Operating profit for Swedish Match product areas, which excludes share of net profit in STG and larger one time items.
2. Operating profit for the Group includes share of net profit in STG and larger one time items.

Comments by Swedish Match to the press release from the European Commission

Oct 16, 2012 9:00 PM CET

As stated in a press release today from the European Commission, the European Anti-Fraud Office, OLAF, has presented a report to the European Commission. Among other things the report states that Swedish Match has filed a complaint about receiving a proposal to influence the outcome of the ongoing review by the European Commission of the Tobacco Products Directive, in exchange for financial compensation. The Tobacco Products Directive regulates the sales ban on Swedish snus within the EU, to which Sweden has an exemption.

Kardus 2012 has a fragrance of sun and sherry

Sweden

Sep 27, 2012 1:55 PM CET

The tobacco in this year’s edition of Kardus is from the small village of Cincho in western Spain. As always, it has been carefully selected and handled meticulously to satisfy the demands of the most discerning snus users in Sweden. Only a few will have the opportunity to sample this exclusive edition, since only 600 packages will be released for sale, just in time for Father’s Day.

General seeks its roots with new design

Sweden

Sep 11, 2012 11:55 AM CET

General is Sweden’s most widely sold snus and the brand is growing in global popularity. Following 150 years and more than 20 different packaging designs worldwide, General is introducing a new contemporary design with solid links to the brand’s history.

Half Year Report January – June 2012

Jul 20, 2012 8:15 AM CET

· Sales for the second quarter increased by 9 percent to 3,213 MSEK (2,944) and by 6 percent in local currencies
· Operating profit from product areas1) for the second quarter increased by 13 percent to 938 MSEK (829) and by 9 percent in local currencies
· Operating profit2) increased by 20 percent to 1,082 MSEK (904) for the second quarter
· EPS (basic) for the second quarter increased to 3.72 SEK (2.94)

1. Operating profit for Swedish Match product areas, which excludes share of net profit in STG and larger one time items.
2. Operating profit for the Group includes share of net profit in STG and larger one time items.

White Owl and Game introduces new cigarillo

USA

Jul 16, 2012 2:00 PM CET

White Owl^® and Game^® introduce The Darker Side of Smooth™ - The Hottest New Idea in Cigarillos

Swedish Match share capital and total numbers of shares

May 31, 2012 8:00 AM CET

In accordance with the resolution at the Annual General Meeting on May 2, 2012 Swedish Match AB has cancelled 7,000,000 treasury shares.

Nick & Johnny snus launched in Sweden

Sweden

May 24, 2012 12:00 PM CET

In June, Swedish Match introduced the snus brand Nick & Johnny in Sweden. The brand stand out with its urban design and distinctive assortment.

Swedish Match announces new USA unit

May 9, 2012 1:00 PM CET

Lights International, an operating unit of Swedish Match AB, headquartered in Stockholm, Sweden, announces the formation of Swedish Match Lights USA. This new unit will market and distribute the Company’s Cricket® brand of utility lighters and related products.

Interim Report January – March 2012

May 4, 2012 8:15 AM CET

· Sales for the first quarter increased by 10 percent to 2,917 MSEK (2,646). In local currencies, sales for the first quarter increased by 9 percent
· Operating profit from product areas1) for the first quarter increased by 24 percent to 903 MSEK (729). In local currencies, operating profit from product areas1) increased by 22 percent
· Operating profit2) increased by 23 percent to 972 MSEK (793) for the first quarter
· EPS (basic) for the first quarter amounted to 3.27 SEK (2.50)

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.

Swedish Match Annual General Meeting 2012

May 2, 2012 7:00 PM CET

Swedish Match Introduces an Industry First

USA

May 1, 2012 9:30 PM CET

Pouches will never be the same!

Swedish Match publishes annual report for 2011

Mar 30, 2012 1:00 PM CET

Swedish Match annual report 2011 has been published and is available at the Group’s website.

Annual General Meeting of Swedish Match AB (publ)

Mar 26, 2012 10:00 AM CET

The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Wednesday, 2 May, 2012 at 16.30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.

Full Year Report January – December 2011

Feb 22, 2012 8:15 AM CET

· Comparable sales1) for the full year increased by 4 percent to 11,666 MSEK (11,222) and for the fourth quarter by 9 percent to 3,064 MSEK (2,801). In local currencies, comparable sales1) for the full year increased by 8 percent and for the fourth quarter by 10 percent. Sales for the full year 2010 including businesses transferred to STG amounted to 13,606 MSEK
· Comparable operating profit2) for thefull year increased by 7 percent to 3,365 MSEK (3,158) and for the fourth quarter by 7 percent to 898 MSEK (836). In local currencies, comparable operating profit2) for the full year increased by 11 percent and for the fourth quarter by 7 percent
· Operating profit including businesses transferred to STG in 2010, share of net profit from STG and larger one time items3) amounted to 3,702 MSEK (4,169) for the full year, and to 1,022 MSEK (1,421) for the fourth quarter
· EPS (basic) for the full year amounted to 12.14 SEK (9.92, or 13.12 including larger one time items) and for the fourth quarter to 3.42 SEK (2.06, or 4.85 including larger one time items)
· The Board proposes an increased dividend to 6.50 SEK (5.50)

1. Sales excluding businesses transferred to STG on October 1, 2010.
2. Operating profit excluding businesses transferred to STG on October 1, 2010, share of net profit from STG and larger one time items.
3. Larger one time items include reversals of amortizations and depreciations relating to assets held for sale in 2010. In the fourth quarter 2010 it also included a net gain from pension settlements as well as a capital gain from the transfer of businesses to STG.

Flavored launches

Norway

Feb 20, 2012 11:03 AM CET

Taste is at the centre when Swedish Match Launches Radical Red Xtra Strong Chili by: Nick & Johnny and a new addition to the General Family: General Extra Strong Portion Long.

General launches mini-snus with the strength of a normal portion

Sweden

Jan 24, 2012 5:40 PM CET

General presents Strong White Mini – a portion-packed snus in mini-format with the same nicotine strength as a normal portion. The flavor has the classic General character.

Catch Collection with a big-city flavor

Sweden

Jan 24, 2012 5:37 PM CET

Catch Collection will change flavors three times during 2012. The first flavor has been named Lafayette Street, inspired by the street with the same name in New York. This mini-snus has a mild tobacco character, with a flavor of spearmint, a touch of peppermint and a distinct sweetness.

Interim Report January – September 2011

Oct 26, 2011 8:00 AM CET

· Comparable sales1) for the third quarter increased by 2 percent to 3,011 MSEK (2,964) and by 6 percent in local currencies. Sales for the third quarter of 2010 including businesses transferred to STG amounted to 3,823 MSEK
· Comparable operating profit2) for the third quarter increased by 4 percent to 909 MSEK (874) and by 9 percent in local currencies
· The share of net profit from Scandinavian Tobacco Group in the third quarter amounted to 74 MSEK, including restructuring charges of 61 MSEK before tax
· Operating profit including businesses transferred to STG last year, share of net profit from STG and larger one time items3) for the third quarter amounted to 983 MSEK (1,049)
· EPS (basic) for the third quarter amounted to 3.28 SEK (3.23)

1)   Sales excluding businesses transferred to STG on October 1, 2010.

2)   Operating profit excluding businesses transferred to STG on October 1, 2010, share of net profit from STG and larger one time items.

3)   Larger one time items include reversals of amortizations and depreciations relating to assets held for sale in 2010.

Luxurious Kardus snus – a colorful tribute to Brazilian carnival

Sweden

Oct 7, 2011 8:40 AM CET

This year’s version of the luxurious Kardus snus is called Carnival Blend and is a colorful tribute to Brazilian carnival, passion and pleasure. The tobacco is grown in selected plantations in southern Brazil and the flavor is from the country’s national liquor – a fruity cachaça.

Catch introduces mini-can snus with raspberry and pepper flavor

Sweden

Sep 22, 2011 4:20 PM CET

Catch Collection is presenting Thrill – a mini-can snus with the flavor of sun-ripe raspberry spiced with pepper for well-rounded sweetness. Thrill will be in stores in October and will remain in snus refrigerators until February 2012, when the next flavor is introduced.

Swedish Match first to launch snus made from ecologically grown tobacco

Sweden

Aug 18, 2011 4:00 PM CET

General Green Harvest is the first snus to be made from ecologically grown tobacco. Green Harvest contains only tobacco from certified farmers and grown according to ecological principles. This means that no artificial fertilizers or insecticides are used.

Half Year Report January – June 2011

Jul 20, 2011 8:00 AM CET

· Comparable sales1) for the second quarter increased by 3 percent to 2,944 MSEK (2,849) and by 11 percent in local currencies. Sales for the second quarter of 2010 including businesses transferred to STG amounted to 3,701 MSEK
· Comparable operating profit2) for the second quarter increased by 5 percent to 829 MSEK (793) and by 13 percent in local currencies
· Operating profit including businesses transferred to STG last year, share of net profit from STG and larger one time items3) for the second quarter amounted to 904 MSEK (945)
· EPS (basic) for the second quarter amounted to 2.94 SEK (2.78)

Swedish Match share capital and total number of shares

May 31, 2011 8:00 AM CET

In accordance with the resolution at the Annual General Meeting on May 2, 2011 Swedish Match AB has cancelled 18,000,000 treasury shares.

Solstickan Award for 2011 goes to H.M. Queen Silvia

May 23, 2011

The Solstickan Foundation has awarded H.M. Queen Silvia this year’s Solstickan Award of 150,000 SEK based on the following rationale “for unique and altruistic action in support of vulnerable children and the aged.”

Interim Report January – March 2011

May 4, 2011 8:00 AM CET

Swedish Match Annual General Meeting 2011

May 2, 2011 6:44 PM CET

Discreet snus in a tiny can

Sweden

May 2, 2011 10:29 AM CET

General and Göteborgs Rapé are two of the most popular types of snus sold in Sweden. Both will now be available in even smaller cans, as snus in a mini format. The new cans will hold just as many portions as before and the snus will also be packed in an elegant star formation.

Little snus can becomes even smaller

Sweden

May 2, 2011 10:01 AM CET

Catch Collection Still, with a taste of violet and liquorice, made its debut in refrigerator displays in 2009. This popular snus is destined to make a comeback now that Catch consumers have voted for the three flavors that are to reappear in 2011. A significant little feature is that the snus will return in an even smaller can.

More eco-friendly snus can

Sweden

May 2, 2011 9:29 AM CET

Swedish Match is introducing a new snus can in a mini format. The number of portion pouches will remain the same but the can will contain approximately 21 percent less plastic than the former can. As a result, Swedish Match expects to reduce its plastic consumption by approximately eight tons as early as the first year.

Low-priced snus of high Kaliber

Sweden

Apr 11, 2011 1:25 PM CET

Swedish Match will be launching a modern, attractively priced alternative, Kaliber, to accommodate consumers who want high-quality low-priced snus.

Swedish Match publishes annual report for 2010

Apr 4, 2011 10:34 AM CET

As of Monday, April 4, the Swedish Match AB annual report for 2010 is available on the Company website.

Annual General Meeting of Swedish Match AB (publ)

Mar 24, 2011 10:00 AM CET

The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Monday, 2 May, 2011 at 16.30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.

New member proposed for Swedish Match Board of Directors

Mar 21, 2011 9:00 AM CET

At the upcoming Annual General Meeting on May 2, 2011, the Nominating Committee of Swedish Match AB will propose the election of Robert F. Sharpe to the Swedish Match Board of Directors.

Full Year Report January – December 2010

Feb 23, 2011 8:00 AM CET

New member proposed for Swedish Match Board of Directors

Feb 7, 2011 10:00 AM CET

At the upcoming Annual General Meeting on May 2, 2011, the Nominating Committee of Swedish Match AB will propose the election of Joakim Westh to the Swedish Match Board of Directors.

New Generalsnus

Norway

Feb 2, 2011 9:30 AM CET

Norway’s most popular snus, General, gains a new member of the family. Swedish Match now launches General Smooth Flavour, a new version of Norway’s bestselling snusbrand.

Catch Collection snus favorite makes a comeback

Sweden

Jan 28, 2011 9:30 AM CET

Catch Collection Chill, with a full-bodied vanilla flavor and a hint of fresh mint, is making a comeback to the refrigerator display. This snus favorite returns in response to positive comments made by users in a consumer survey.

Swedish Match announces retirement of Lennart Freeman

Jan 14, 2011 3:45 PM CET

Swedish Match announces that Lennart Freeman, Executive Vice President of Swedish Match AB, will retire effective March 1, 2011 after more than 30 years with the Company. Freeman is currently President of the Lights operating units, and prior to that served as President of Swedish Match International (SMI).

Swedish Match announces signed agreement between Scandinavian Tobacco Group and Reynolds American, Inc. for the acquisition of Lane Limited

Jan 14, 2011 2:30 PM CET

Swedish Match announces that Scandinavian Tobacco Group A/S (STG) has signed an agreement with Reynolds American, Inc. for the acquisition of Lane Limited (Lane). STG is 49 percent owned by Swedish Match AB.

Disclosure of substantial holding of shares

Nov 10, 2010 10:00 AM CET

Swedish Match receives 170 MEUR from Scandinavian Tobacco Group

Oct 29, 2010 2:00 PM CET

Interim Report January – September 2010

Oct 27, 2010 8:00 AM CET

·      Sales for the third quarter were 3,823 MSEK (3,606)

·      In local currencies, sales for the third quarter increased by 7 percent, with growth in all product areas except for chewing tobacco

·      Operating profit for the third quarter increased to 1,049 MSEK (874). Including depreciation and amortization on assets held for sale, operating profit increased by 16 percent to 1,017 MSEK (874)

·      In local currencies, operating profit for the third quarter, including depreciation and amortization on assets held for sale, increased by 17 percent

·      EPS (basic) for the third quarter amounted to 3.23 SEK (2.53)

·      The transaction with Scandinavian Tobacco Group was completed October 1

Catch Pure Mint – for a fresher flavor

Sweden

Oct 20, 2010 9:00 AM CET

A fresh peppermint flavor delivered in a discrete portion-pouch that is not visible under the lip. That’s how we summarize Pure Mint – the most recent snus selection from Catch. In addition, the snus will be packaged in a fashionable metal can that can be proudly displayed.

Light fires quickly and effectively with new Solstickan fire briquettes

Oct 14, 2010 3:00 PM CET

Fire briquettes are a completely new product from Solstickan that have arrived just in time for winter.

Emmett Harrison appointed Senior Vice President of Corporate Communications and Sustainability

Oct 7, 2010 1:30 PM CET

Emmett Harrison has been appointed Senior Vice President of Corporate Communications and Sustainability for Swedish Match AB, effective October 7, 2010. He is also a member of the Group Management Team. Emmett continues to be responsible for the Investor Relations function.

Swedish Match completes transaction with Scandinavian Tobacco Group

Oct 4, 2010 8:30 AM CET

Today, Swedish Match (SM) and Scandinavian Tobacco Group (STG) announce the creation of a global company with leading market positions in cigars, pipe tobacco and fine cut tobacco.

East Indian theme for this year’s Kardus

Sweden

Sep 30, 2010 5:30 PM CET

Kardus is the snus for connoisseurs. Probably the world’s most exclusive – and expensive – snus. The tobacco for this year’s edition has been picked in Java and flavored with the finest arrack. Both the flavor and the roots have their origin in Asian trade routes. We are releasing 500 boxes, just in time for Father’s Day.

Snus classic in elongated version

Sweden

Sep 24, 2010 4:00 PM CET

Sweden’s most popular snus brand, General, is introducing an entirely new portion format, Long. The new portions are more elongated to fit better under the lip. The flavor is the traditional General, but the recipe has been optimized to enhance the taste and reduce leakage.

New warming flavor for the dark and rain of autumn

Sweden

Sep 8, 2010 12:00 PM CET

In time for the rain and harsh weather of autumn, the Catch Collection is introducing its final flavor for the year, Ease, with a combination of spicy warm ginger and fresh orange.

New design for Ljunglöfs Ettan

Sweden

Aug 16, 2010 12:00 PM CET

Ettan snus, one of Sweden’s oldest brands, traces its roots to the early 1800s. The Ettan products will now be sold under a new design, although the contents of the cans remain unchanged and retain the same high quality that has always characterized the brand.

Half Year Report January – June 2010

Jul 21, 2010 8:00 AM CET

Norwegians prefer white portion snus. 164 percent growth.

Norway

Jul 16, 2010 10:00 AM CET

Norwegian consumers have distinct preferences in selecting snus. One of the most striking trends is the growth of snus using "white-portion tehnology". Nick and Johnny Strong White, a new product by Swedish Match, is designed to meet the demand of the Norwegian consumer products.

Catch Collection Glow brightens up summer

Sweden

Jun 7, 2010 12:11 PM CET

Catch Collection is the snus that is presented in different new flavors several times a year. The second variety for 2010 and the sixth in total is called Glow. It combines two summer classics in the form of elderberry in combination with lime and provides a preview of the summer’s refreshing flavor experiences.

Swedish Match share capital and total number of shares

May 31, 2010 8:00 AM CET

Lars Bratt, Solstickan Award winner 2010

May 25, 2010 9:26 AM CET

Lars Bratt, founder of the "The Granddad Programme", has been awarded this year's Solstickan Award of 100,000 SEK based on the following rationale: "For an initiative in the spirit of the UN Convention on the Rights of Children by providing specially trained adult role models, mostly to primary schools, in the form of supportive "Granddads" or "Grannies", strengthening children's self-esteem and social skills and enhancing the teaching environment."

Interim Report January – March 2010

Apr 29, 2010 8:00 AM CET

• Sales for the first quarter were 3,282 MSEK (3,387)
• In local currencies, sales for the first quarter increased by 3 percent, driven by solid growth for the snus and snuff product area
• Operating profit for the first quarter was 755 MSEK (794). Including depreciation and amortization on assets held for sale, operating profit was 728 MSEK (794)
• In local currencies, operating profit for the first quarter increased by 1 percent. Including depreciation and amortization on assets held for sale, operating profit for the first quarter decreased by 3 percent
• EPS (basic) for the first quarter amounted to 2.26 SEK (2.11)
• Cigar sales and operating profit comparisons are adversely affected by prior year hoarding in the US
• After the reporting period, an agreement was signed with Scandinavian Tobacco Group to create a new company with a focus on cigars

Swedish Match Annual General Meeting 2010

Apr 27, 2010 6:55 PM CET

Major items approved by today’s Annual General Meeting include:

• Dividend of 4.75 SEK per share
• Mandate to repurchase up to 10 percent of the shares in the Company
• Withdrawal of 20 million shares repurchased by the Company

Swedish Match and Scandinavian Tobacco Group sign agreement to form a new cigar focused company

Apr 26, 2010 8:30 AM CET

Following the announcement January 15, 2010 that Swedish Match and Scandinavian Tobacco Group (STG) intend to form a new company with a core focus on cigars; Swedish Match today announces that the transaction agreement has been signed by the parties.

Swedish Match publishes annual report for 2009

Mar 31, 2010 3:30 PM CET

As of today, 31 March, the Swedish Match AB annual report for 2009 is available on www.swedishmatch.com

Annual General Meeting of Swedish Match AB (publ)

Mar 22, 2010 2:33 PM CET

The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Tuesday April 27, 2010 at 16:30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.

Swedish Match launches tailor-made Snus for Norwegian Consumers

Sweden

Mar 9, 2010 4:00 PM CET

Swedish Match is introducing new snus varieties 01 and 02 in Norway. These two new products are included in the ‘Lab Series’ and are specifically designed to meet the consumer desire for a modern snus that differs from other brands both in terms of taste, style and design.

Full Year Report 2009

Feb 25, 2010 8:00 AM CET

• Sales for the full year increased by 13 percent to 14,204 MSEK (12,611) and for the fourth quarter by 2 percent to 3,545 MSEK (3,480)
• In local currencies, sales for the full year increased by 5 percent and for the fourth quarter by 4 percent
• Operating profit excluding larger one time items for the full year increased by 22 percent to 3,417 MSEK (2,801) and for the fourth quarter by 5 percent to 850 MSEK (807)1)
• In local currencies, operating profit excluding larger one time items for the full year increased by 13 percent and for the fourth quarter by 9 percent1)
• EPS (basic) for the full year amounted to 9.67 SEK (8.30) and for the fourth quarter to 2.52 SEK (2.75)2)
• EPS (basic) for the full year, including discontinued operations and one time gains, amounted to 12.88 SEK (8.98)2)
• The Board proposes an increased dividend to 4.75 SEK (4.10)

1) Excluding the one time gain of 73 MSEK from sale of subsidiary and related assets in Q4 2008 but including restructuring charges for cigars of 45 MSEK in Q3 2009 and 29 MSEK in Q4 2009
2) Including the one time gain of 73 MSEK from sale of subsidiary and related assets in Q4 2008 and restructuring charges for cigars of 45 MSEK in Q3 2009 and 29 MSEK in Q4 2009

Onico launches portion snus infused with ginseng and guarana

Sweden

Feb 2, 2010 2:58 PM CET

The new Onico⁺ is infused with extracts from Ginseng & Guarana. Onico⁺ also provide a completely unique and refreshing flavor with hints of tropical fruits that are reminiscent of delicious Amazonian flora.

Catch Collection Mellow - infused with a taste of rhubarb

Sweden

Feb 1, 2010 2:36 PM CET

Catch Collection continues to push the boundaries of taste. The new taste variety, Mellow, is probably the first snuff in the world with a taste of rhubarb.

Swedish Match has signed a Letter of Intent with Scandinavian Tobacco Group to form a new worldwide company with focus on cigars

Jan 15, 2010 8:30 AM CET

• Swedish Match to contribute all of its cigar business with the exception of US mass market cigars, as well as its remaining pipe tobacco and accessories businesses
• Scandinavian Tobacco Group to contribute all of its tobacco business (cigars, pipe tobacco and fine cut tobacco)
• Completion of the transaction is subject to due diligence by both parties, final transaction agreements, bondholder approval, and regulatory review and approval

Catch Collection Cozy - Christmas snus with a flavor of cardamom and cinnamon

Sweden

Nov 17, 2009 2:54 PM CET

Christmas toffee, rice pudding, mulled wine and saffron buns: Swedish Christmas celebrations are filled with taste experiences. Here comes one more in the form of Catch Collection Cozy – a new snus with the classic Swedish Christmas flavors of cardamom and cinnamon.

Swedish Match gives 1847 a facelift

Sweden

Nov 9, 2009 4:49 PM CET

Swedish Match is taking over production and sales of the 1847 brand, on license from Philip Morris. Simultaneously, the format and design of 1847, Philip Morris’s flagship product in the snus category, will be refined and its recipe enhanced.

Kardus Superior Blend 2009 - Exclusive vintage snus with a Latin American character

Sweden

Nov 4, 2009 9:00 AM CET

Air-dried tobacco from Guatemala, sun-dried tobacco from the province of Salta at the foothills of the Andes and a first-class, 23-year-old dark rum from Guatemala. These are the ingredients that form the basis of the most exclusive snus in the world – Kardus Superior Blend 2009.

Disclosure of substantial holding of shares

Nov 2, 2009 11:30 AM CET

Swedish Match has on 30 October bought back 324,000 shares. The Company`s holding of own shares thereby amounts to 12,628,000 shares, corresponding to 5,03 percent of the total amount of shares and votes in the Company.

Swedish Match rewarded for successful employer branding effort

Nov 2, 2009

In Universum’s annual career survey, which lists Sweden’s most attractive employers from the viewpoint of economists and engineers, Swedish Match was voted Newcomer of the Year by 11,000 sought-after young professionals.

Interim Report January – September 2009

Oct 27, 2009 8:00 AM CET

Göteborgs Rapé New design – same flavor

Sweden

Sep 15, 2009 8:22 AM CET

Swedish Match’s longstanding snus brand Göteborgs Rapé is appreciated by consumers as much today as when manufacturing commenced in 1919. We are now renewing the design and adding a new brand symbol - GR´.

Swedish Match finalizes the sale of its South African operation to Philip Morris International and repurchases own shares

Sep 14, 2009 1:52 PM CET

Anders Carlberg, 2009 Solstickan Award winner

Sep 11, 2009

Meet Anders Carlberg, founder of Fryshuset and recipient of the 2009 Solstickan Award, a man deeply dedicated to helping challenged children in today’s society.

Aficionados of tobacco

Aug 10, 2009

Meet some of our tobacconists round the globe. They all share a passion for high quality products and the best customer service.

Half Year Report January – June 2009

Jul 17, 2009 8:00 AM CET

• Sales for the second quarter increased by 16 percent to 3,666 MSEK (3,164)*
• In local currencies, sales for the second quarter increased by 2 percent*
• Operating profit for the second quarter increased by 30 percent to 899 MSEK (691)*
• In local currencies, operating profit for the second quarter increased by 13 percent*
• EPS (basic) for the second quarter amounted to 2.51 SEK (1.89)*
• EPS (basic) including discontinued operations for the second quarter, amounted to 2.68 SEK (2.04)

* Amounts exclude Swedish Match South Africa, which is separately reported as discontinued operations

Swedish Match agrees to sell South African operations to Philip Morris International

Jul 2, 2009 8:45 AM CET

Thinking green

Jun 12, 2009

Swedish Match works with reducing the negative burden on the environment. Inside Magazine looks at some of the facilities to see how they are reaching the targets.

Swedish Match cancellation of treasury shares

May 29, 2009 8:00 AM CET

One year with Solstickan

May 5, 2009

Henry Ascher, pediatrician and associate professor at the Nordic School of Public Health in Gothenburg, received the 2008 Solstickan Award. He was awarded for having worked to ensure that all children who stay in Sweden, either permanently or temporarily, are treated in a manner that complies with the United Nations’ Convention on the Rights of Children.

Interim Report January – March 2009

Apr 30, 2009 8:00 AM CET

• Sales for the first quarter increased by 25 percent to 3,535 MSEK (2,818)
• In local currencies, sales for the first quarter increased by 10 percent
• Operating profit for the first quarter increased by 55 percent to 846 MSEK (547)
• In local currencies, operating profit for the first quarter increased by 35 percent
• EPS (basic) for the first quarter amounted to 2.27 SEK (1.36)

Swedish Match Annual General Meeting 2009

Apr 28, 2009 7:08 PM CET

Major items approved by today’s Annual General Meeting include:

• Dividend of 4.10 SEK per share
• Mandate to repurchase up to 10 percent of the shares in the Company
• Withdrawal of 4 million shares repurchased by the Company

Swedish Match publishes annual report for 2008

Apr 1, 2009 11:15 AM CET

As of today, 1 April, the Swedish Match AB annual report for 2008 is available on www.swedishmatch.com.

Tony Rickardsson to join Swedish Match

Mar 30, 2009 10:01 AM CET

Tony Rickardsson is appointed Area Manager Eastern Europe for Swedish Match Continental Europe as from 1st October 2009. Tony will succeed Åke Wiktorsson who has together with its partner’s built a solid foundation of our key brands in the Eastern European region over the past 15 years.

Annual General Meeting of Swedish Match AB (publ)

Mar 23, 2009 10:50 AM CET

The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Tuesday April 28, 2009 at 16:30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.

New star in the General sky

Sweden

Mar 9, 2009 3:10 PM CET

General White Portion will be the role model for can designs.

Full Year Report 2008

Feb 18, 2009 8:00 AM CET

• Net sales for the fourth quarter increased to 3,628 MSEK (3,527) and 13,162 MSEK (12,551) for the full year
• Operating profit excluding larger one time items* for the fourth quarter increased to 864 MSEK (795) and 3,017 MSEK (2,730) for the full year
• Operating profit for the fourth quarter amounted to 937 MSEK (1,062) and 3,090 MSEK (2,997) for the full year
• EPS (basic) for the fourth quarter amounted to 2.91 SEK (3.04) and 8.98 SEK (7.82) for the full year
• The Board proposes an increased dividend to 4.10 SEK (3.50)

* In the fourth quarter 2008 there was a gain of 73 MSEK on the sale of a subsidiary in the UK and related assets. In the fourth quarter 2007 there was a gain of 267 MSEK on the sale of head office buildings in Stockholm.

Swedish Match and Philip Morris International announce global joint venture to commercialize smokefree tobacco products

Feb 3, 2009 8:01 AM CET

Swedish Match AB [publ] and Philip Morris International [NYSE/Euronext Paris: PM] (PMI) today announced that they have entered into an agreement to establish an exclusive joint venture company to commercialize Swedish Snus and other smokefree tobacco products worldwide, outside of Scandinavia and the United States.

General Ekstra Sterk – now as loose snus

Norway

Feb 2, 2009 2:55 PM CET

A new member of the popular General family is now being launched; a loose snus for those who want a strong tobacco flavor and more nicotine.

New Catch Collection changes flavor continuously

Sweden

Feb 2, 2009 2:50 PM CET

Chill, Fresh, Still and Cozy are the new flavors to be introduced during the year.

Solstickan Foundation for the benefit of children and elderly

Jan 8, 2009

A share of the sale price of every box of Solstickan-brand matches is allocated to the Solstickan Foundation - for the benefit of children and the elderly. Read about the non-profit association Arken pony farm in Malmö, Sweden, that was granted SEK 20,000 from Solstickan Foundation in order to start a partnership with the aim to stimulate disabled children.

Swedish Match welcomes an important step to normalize trade in the EU

Nov 28, 2008 10:01 AM CET

Swedish Match welcomes the government’s decision today to start a process aimed at ultimately lifting the ban on the export of Swedish snus to consumers within the European Union.

Kardus – new vintage snus for aficionados

Sweden

Nov 27, 2008 8:20 AM CET

Kardus Superior Blend is a vintage snus for the connoisseur. The ingredients in the 2008 edition include cut, air-dried tobacco from Hungary and sun-dried Kurnool tobacco from India, with the flavor enhanced by a highland single malt whisky.

Quality and tradition

Nov 19, 2008

Jhonys Diaz, General Manager of the Swedish Match tobacco plant in the Dominican Republic, has a lot on his mind at this time of the year. Read his thoughts and commitment to producing high-quality cigars.

Dedication improves environmental health

Nov 19, 2008

With dedication and enthusiasm all employees at the North American facilities work for the development of environmental well-being. There is a long tradition of working with these issues as an integral part of daily business.

Innovation at the forefront

Nov 5, 2008

Smokefree tobacco is one of the fastest-growing consumer categories in the US. Many players have endeavored to penetrate the market but few have succeeded. However, Swedish Match’s innovativeness is ideally suited for expansion in a dynamic market.

Sales driving growth

Nov 5, 2008

After ten successful years, Swedish Match in North America is continuing to drive sales and focus on innovation. New segments are emerging continuously and the American snuff is rapidly gaining ground.

Grovsnus Black – new snus with robust taste

Sweden

Nov 4, 2008 12:44 PM CET

Starting this week, Sweden’s tobacconists will be offered a masculine, rich-tasting and full-bodied alternative – Grovsnus Black. As the name implies, the portions are black.

Interim Report January – September 2008

Oct 29, 2008 8:00 AM CET

• Net sales for the third quarter increased to 3,432 MSEK (3,272)
• In local currencies, net sales were 8 percent above the third quarter of 2007
• Operating profit for the third quarter increased to 864 MSEK (759)
• EPS (basic) for the third quarter increased by 39 percent to 2.63 SEK (1.89)
• We maintain our outlook for 2008 with improved sales and underlying operating profit for the Group compared to 2007. For further details refer to the outlook section in this report

General Cigar Announces Daniel Núñez’ Retirement

Oct 27, 2008 9:22 AM CET

Richmond, VA— General Cigar announced today that Daniel Núñez, president and chief operating officer, will retire during the second quarter of 2009, but will remain on as an advisor to the company and its parent company, Swedish Match.

Cricket gears up in the Philippines

Aug 4, 2008

Four miles outside Manila, the new plant where the popular Cricket lighter is manufactured was officially opened in May. The new lighter plant represents state-of-the-art production for Swedish Match Cricket lighters.

Dahlgren and Tilly: At the cutting edge

Jul 27, 2008

Lars Dahlgren and Joakim Tilly stepped into new positions on June 1 this year, when Lars took on the mantle of President and CEO of Swedish Match with Joakim succeeding Lars as the CFO. More of the same or something new?

3 analyst comments

Jul 23, 2008

On July 18, Swedish Match reported half year result from January to June 2008. Financial analysts Henrik Fröjd, Kaupthing Bank, Jonathan Fell, Deutsche Bank and Anders Hansson, Danske Bank give their comments on the result.

Half Year Report January – June 2008

Jul 18, 2008 8:00 AM CET

• Net sales for the second quarter increased to 3,284 MSEK (3,090)
• In local currencies, net sales were 12 percent above the same quarter of last year
• Operating profit for the second quarter increased to 733 MSEK (642)
• EPS for the second quarter increased by 22 percent to 2.02 SEK (1.66)
• We maintain our outlook for 2008 with improving sales and underlying operating profit for the Group compared to 2007. For further comments on the outlook please refer to page 9

General Cigar prevails in trademark infringement and counterfeiting suit relating to "COHIBA Caribbean's Finest" cigars and rum

Jul 11, 2008 1:16 PM CET

Richmond, VA — General Cigar Co. Inc. announced today that the United States District Court for the District of Nevada has ruled in its favor, granting its motion for summary judgment, awarding damages and permanently prohibiting the import, marketing, distribution and sale of infringing “COHIBA Caribbean’s Finest” cigars and rum.

General Cigar prevails in trademark infringement and counterfeiting suit relating to "COHIBA Caribbean's Finest" cigars and rum

Jul 11, 2008 12:26 PM CET

Richmond, VA — General Cigar Co. Inc. announced today that the United States District Court for the District of Nevada has ruled in its favor, granting its motion for summary judgment, awarding damages and permanently prohibiting the import, marketing, distribution and sale of infringing “COHIBA Caribbean’s Finest” cigars and rum.

Swedish Match cancellation of treasury shares

May 30, 2008 8:00 AM CET

“Give snus a chance”

May 19, 2008

Less than 1.5 percent of the 107 million smokers in the EU have access to viable, pragmatic and consumer friendly alternatives to their cigarettes. They are simply left behind with a very challenging dilemma; quit or die.

Inspired by market trends

May 19, 2008

What is required to generate growth in a mature market? The answer is simple. Consumer insight, well-segmented and defined target groups andan instinct for future trends. Anna Neiås, Vice President Marketing, Swedish Match North Europe Division, is satisfied with developments to date.

A nose for snus

May 18, 2008

Aroma, flavor and an excellent tobacco balance are the main components used when producing flavors for new tobacco products.

Snus varieties require production flexibility

May 18, 2008

Increased competition and an increasingly rapid product launch schedule. The demands are numerous but the snus plants in Sweden are coping brilliantly. The road to success requires first rate operations.

Swedish Match AB appoints new CEO and CFO

May 13, 2008 8:00 AM CET

The Swedish Match Board of Directors has today appointed Lars Dahlgren, 37, as the new President and CEO of the Swedish Match Group effective June 1, 2008.

Environment goals important

May 13, 2008

Swedish Match’s snus operations in the Scandinavian market have been environmentally certified in accordance with ISO 14001 since 2003, and the company works actively on achieving environmental goals.

Interim Report January – March 2008

Apr 25, 2008 8:00 AM CET

• Net sales for the first quarter amounted to 2,818 MSEK (2,663)
• In local currencies, net sales for the first quarter increased by 10 percent
• Operating profit for the first quarter amounted to 543 MSEK (534)
• Net profit for the first quarter amounted to 341 MSEK (332)
• EPS for the first quarter amounted to 1.34 SEK (1.23)
• Significantly improved profitability in the Scandinavian snus business compared to the first quarter previous year
• US cigar business had a weak first quarter but sales and operating profit are expected to improve for the remainder of the year

Swedish Match AB invests in new production capacity in Sweden

Apr 24, 2008 3:50 PM CET

In the introduction, the correct investment amount is MSEK 265.

Swedish Match AB today announces an additional investment in its Kungälv snus production plant in Sweden. The investment of MSEK 265 is in response to the strong demand for snus in the portion packed format. The Kungälv plant is specialized in the Swedish Match unique “White Production Technology”, a white, dry portion packed snus with both regular and star formation filling of the cans.

Extreme makeover” of snus can

Apr 24, 2008 12:30 PM CET

The Nick & Johnny snus is being launched in two new flavors, East and West, in an entirely new can. The product is aimed at adult male snus users – or smokers who regard snus as an alternative to smoking – and for the first time since 1967, the can is not traditionally round, but rectangular. The inspiration for the can comes from the hood of old American sport cars.

“Extreme makeover” of snus can

Sweden

Apr 24, 2008 12:30 PM CET

The Nick & Johnny snus is being launched in two new flavors, East and West, in an entirely new can. The product is aimed at adult male snus users – or smokers who regard snus as an alternative to smoking – and for the first time since 1967, the can is not traditionally round, but rectangular. The inspiration for the can comes from the hood of old American sport cars.

Swedish Match Annual General Meeting 2008

Apr 22, 2008 9:00 PM CET

Major items approved by today’s Annual General Meeting include:

• Dividend of 3.50 SEK per share
• Election of Karen Guerra to the Board
• Mandate to repurchase up to 10 percent of the shares in the Company
• Withdrawal of 12 million shares repurchased by the Company
• Re-election of KPMG Bohlins AB as auditor

Swedish Match publishes annual report for 2007

Apr 2, 2008 4:25 PM CET

As of today, 2 April, the Swedish Match AB annual report for 2007 is available on www.swedishmatch.com.

Swedish Match AB appoints Rupini Bergström as Director International Media and PR

Mar 26, 2008 2:07 PM CET

Rupini Bergstrom has been appointed Director International Media Relations & PR at the Swedish Match Group. Rupini Bergstrom will be responsible for Media Relations outside the Nordic region, with a special focus on the business and consumer media, while also supporting Swedish Match media and public relations efforts around the regulation of smoke-free products in the E.U.

Annual General Meeting of Swedish Match AB (publ)

Mar 18, 2008 8:51 AM CET

The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Tuesday April 22, 2008 at 16:30 (CET) at Hotel Rival, Mariatorget 3, Stockholm, Sweden.

Disclosure of substantial holding of shares

Mar 18, 2008 8:30 AM CET

Swedish Match has on 17 March bought back 450,000 shares. The Company’s holding of own shares thereby amounts to 13,663,000 shares, corresponding to 5.1 percent of the total amount of shares and votes in the Company. The total amount of shares outstanding, including shares held in treasury, amounts to 267,000,000.

Swedish Match AB Nominating Committee proposal for Board of Directors

Mar 10, 2008 8:30 AM CET

At the upcoming Annual General Meeting of Swedish Match AB, to be held on April 22, 2008, the Nominating Committee will propose the following Board members to serve as Board of Directors of Swedish Match AB up to the Annual General Meeting 2009.

The future as we see it

Mar 7, 2008

President and CEO, Sven Hindrikes, and Chairman of the Board, Conny Karlsson, discuss the past year and the strategy for the future.

Efficient balance sheet creates value

Mar 7, 2008

An efficient balance sheet is one of the core elements of Swedish Match’s financial strategy. Lars Dahlgren, Chief Financial Officer of Swedish Match, is pleased with the initiatives taken during 2007, although considerable work remains.

General a hit in the US

Mar 5, 2008

Consumers and merchants in the US are positive toward Swedish snus, according to the evaluation of the test sales.

Triumph, snus on cigarette shelf

Mar 5, 2008

Triumph snus, which is now being launched in the US, is the result of a partnership between Swedish Match and Lorillard Tobacco Company.

The consumer is king

Mar 5, 2008

Consumer-driven product development and strategic branding are the routes to organic growth. For this reason, Swedish Match focuses intently on the consumer.

New cigars, snus and lighters

Mar 5, 2008

Ten new products were launched during the last quarter 2007. Here are a few examples of the new cigars, snus and lighters.

Swedish Match AB appoints Patrik Hildingsson Vice President Public Affairs

Feb 27, 2008 8:00 AM CET

CEO transition in Swedish Match during 2008

Feb 20, 2008 8:15 AM CET

Sven Hindrikes, 57, has today advised the Board of Directors that he wishes to retire as President and CEO of Swedish Match AB during the course of 2008. The Board accepts his decision with regret and will now initiate a search process for his successor. Sven Hindrikes remains in his position until a new President and CEO has been appointed and will be available to support the transition process.

Full Year Report 2007

Feb 20, 2008 8:00 AM CET

• Net sales for the fourth quarter amounted to 3,527 MSEK (3,457) and 12,551 MSEK (12,911) for the full year
• Operating profit for the fourth quarter amounted to 1,062 MSEK (811) and 2,997 MSEK (3,285) for the full year
• Operating profit excluding larger one time items* for the fourth quarter amounted to 795 MSEK (811) and 2,730 MSEK (3,137) for the full year
• Net profit for the fourth quarter amounted to 791 MSEK (603), and 2,056 MSEK (2,335) for the full year
• EPS for the fourth quarter amounted to 3.04 SEK (2.19) and 7.82 SEK (8.13) for the full year
• Hoarding of snus in December 2007 and 2006 and adverse currency translation effects distort comparisons between the periods
• The Board proposes an increased dividend to 3.50 SEK (2.50)

* Larger one time items comprise a gain from the sale of head office buildings in Stockholm in Q4 2007 of 267 MSEK and a pension plan curtailment gain of 148 MSEK in Q2 2006.

EU committee confirms health benefits of Swedish snus

Feb 18, 2008 10:00 AM CET

The scientific committee (SCENIHR, Standing Committee on Emerging and Newly Identified Health Risks) has been assigned by the European Commission to evaluate the health effects of smokeless tobacco products including Swedish snus. The committee has now presented the final version of its findings to the Commission.

- The committee confirms the significant health benefits of Swedish snus relative to cigarettes. The report therefore constitutes a reevaluation of Swedish snus within the European Union where the product is currently banned, except in Sweden, says Lars E Rutqvist, MD, Ph D, Vice President for Scientific Affairs, Swedish Match AB, Stockholm, Sweden, previously Professor of Oncology at the Karolinska Institute in Stockholm.

- The scientific debate about snus within the EU has come to an end, and the politicians must now decide on whether it is reasonable to continue to deny European smokers access to a dramatically less hazardous alternative to cigarettes, Rutqvist concludes.

Vertigo – a snus for women, by women

Sweden

Feb 5, 2008 10:00 AM CET

Of Sweden’s approximately 1.2 million snus consumers, every fifth user is a woman. For some time, many of these women have been looking for a more modern snus – and now it’s here. Vertigo snus will be launched in the Swedish market in February.

Christmas gift of the year? Kardus - new edition of the world’s finest snus

Dec 14, 2007 10:00 AM CET

"Each year, speculation on what the Christmas gift of the year will be is keen. Kardus is definitely this year’s Christmas gift for the connoisseur who wants exceptionally exclusive snus," says Anna Lekander, Press Relations Manager, Swedish Match.

Christmas gift of the year? Kardus - new edition of the world’s finest snus

Sweden

Dec 14, 2007 10:00 AM CET

"Each year, speculation on what the Christmas gift of the year will be is keen. Kardus is definitely this year’s Christmas gift for the connoisseur who wants exceptionally exclusive snus," says Anna Lekander, Press Relations Manager, Swedish Match.

General Sterk – powerful newcomer to General family in Norway

Dec 11, 2007 10:00 AM CET

Norway’s largest snus brand has now been supplemented with General Sterk, a snus product in a white-portion format. This production technique has been developed by Swedish Match and results in a gently dryer pouch product with a longer-lasting taste.

Congratulations - the round snus can is turning 40!

Nov 22, 2007 10:00 AM CET

One of the most characteristic consumer packages in Sweden is turning 40 years old. The round snus can, so common today, first saw the light of day in 1967. But at the time, it was a pretty large upheaval for diehard snus users.

Congratulations - the round snus can is turning 40!

Sweden

Nov 22, 2007 10:00 AM CET

One of the most characteristic consumer packages in Sweden is turning 40 years old. The round snus can, so common today, first saw the light of day in 1967. But at the time, it was a pretty large upheaval for diehard snus users.

Röda Lacket - constantly surprising

Nov 14, 2007 10:00 AM CET

The snus Röda Lacket is changing design and being launched with 21 different tops and ten different banderoles. The design is based on an illustration that has been cut apart. Each part has then become a can top or banderole - with constantly changing patterns.

Röda Lacket - constantly surprising

Sweden

Nov 14, 2007 10:00 AM CET

The snus Röda Lacket is changing design and being launched with 21 different tops and ten different banderoles. The design is based on an illustration that has been cut apart. Each part has then become a can top or banderole - with constantly changing patterns.

General Sterk – powerful newcomer to General family in Norway

Norway

Nov 12, 2007 10:00 AM CET

Norway’s largest snus brand has now been supplemented with General Sterk, a snus product in a white-portion format. This production technique has been developed by Swedish Match and results in a gently dryer pouch product with a longer-lasting taste.

Turkish delight

Nov 10, 2007

Swedish Match has succeeded in increasing sales of lighters in Turkey by over 140 percent in just two years, based on an effective sales strategy that involves balancing several distribution channels against each other. Where Cricket lighters are displayed at store counters, they practically sell themselves, according to Hakan Tuna, Managing Director for Swedish Match International Division in Turkey.

Strategy strengthens global stance

Nov 10, 2007

Although the world market for lighters is becoming increasingly competitive, Swedish Match is maintaining a stable level of profitability in the product category. Production efficiency, close cooperation with important subsuppliers and an emphasis on quality, in addition to product development and innovative marketing, are some of the reasons behind the Group's ability to defend its position as a major player in the lighter market.

Snus tax hike - a blow to public health

Nov 10, 2007

There is increasing awareness that snus is better for public health than cigarette smoking. Nevertheless, the Swedish government, in its budget bill this autumn, has announced an additional high tax increase for snus from the beginning of next year.

Speedway hero helps build brands

Nov 10, 2007

Tony Rickardsson is one of Sweden's most famous and best-liked sportsmen. After six world championship titles in speedway and numerous prizes and awards, he has switched this year to car racing in the Porsche Carrera Cup Scandinavia. The cooperation with Swedish Match as principal sponsor will continue and as Rickardsson himself phrased it, they are "a perfect match." He is also one of Sweden's most well-known users of snus and his favorite is General Onyx by Swedish Match.

From value-priced to LUXURY

Nov 10, 2007

In less than two years, the Scandinavian snus market has changed and moved from one to several segments. This change has been caused by an increased interest in Swedish snus and greater demand for new products. In North America, different American snuff segments have existed since the mid- 1990s and a new segment in the US could be Swedish snus.

Cricket - in a class of its own

Nov 10, 2007

Every day, Cricket lighters are used by approximately 200 million people in more than 100 different countries. Cricket is one of Swedish Match's most widely-spread brands characterized by quality, safety and design.

We are the favorite in consumer retail

Nov 7, 2007

Swedish Match is the favorite supplier among retailers in Sweden.

US spotlight on Swedish snus

Nov 7, 2007

The US media is increasing its focus on Swedish snus, most recently in the International Herald Tribune and The New York Times.

Swedish Match Interim Report January – September 2007

Oct 25, 2007 8:41 AM CET

Bullet 4 regarding Net profit was in error in previous version.

• Net sales for the third quarter amounted to 3,272 MSEK (3,261) and 9,024 MSEK (9,454) for the first nine months
• Operating profit for the third quarter amounted to 759 MSEK (808) and 1,935 MSEK (2,326*) for the first nine months
• Currency translation differences in the third quarter negatively affected sales and operating profit comparisons by 75 MSEK and 27 MSEK respectively
• Net profit for the third quarter amounted to 491 MSEK (627), and 1,264 MSEK (1,732) for the first nine months
• EPS for the third quarter amounted to 1.89 SEK (2.23) and 4.78 SEK (5.94) for the first nine months
• Cigars International Inc., a US based cigar business with annual sales of 400 MSEK, was acquired in September
* Excluding pension plan curtailment gain of 148 MSEK before tax in 2006

Swedish Match Announces Nominating Committee

Oct 4, 2007 4:07 PM CET

The 2007 Annual General Meeting resolved that the Chairman of the Board shall be given a mandate to contact the company´s four largest shareholders and ask them each to appoint one representative to make up the Nominating Committee, together with the Chairman of the Board, for the period until a new Nominating Committee has been appointed in accordance with a mandate from the next Annual General Meeting.

One million snus-users in Sweden will face new tax increases on snus

Sep 17, 2007 8:16 AM CET

Swedish Match appoints Patrik Andersson new President North Europe Division

Sep 5, 2007 3:02 PM CET

Patrik Andersson 44, has been appointed to the position of President North Europe Division, effective October 1, 2007. He will succeed Lars-Olof Löfman who takes up the position as Global head of Smoke free products.

Swedish Match finalizes acquisition of Cigars International Inc. in the US

Sep 3, 2007 2:39 PM CET

Swedish Match acquires Cigars International Inc. in the U.S.

Aug 16, 2007 8:08 AM CET

Swedish Match AB has agreed to acquire Cigars International, Inc., a privately held U.S. company that specializes in the direct marketing and sales of hand-made and machine-made premium cigars and related accessories. Cigars International employs approximately 100 people and had sales of approximately 400 MSEK for the twelve month period ending June 30, 2007.

Developing managers of the future

Aug 16, 2007

For Swedish Match, management supply and management training are prioritized issues. In a globalized world characterized by rapid change and fierce competition, it is important to always have access to qualified managers and that managerial talents in the Company can develop and grow with new assignments.

New Piccanell – a modern Swedish chewing tobacco with long traditions

Aug 16, 2007

During this spring, one of Swedish Match’s most classic brands underwent a proper makeover. Piccanell, a Swedish smokeless chewing tobacco with origins from the 17th century, was renewed with a new design, new packaging and two new flavors.

Arrival of Onico Juniper Berry

Aug 15, 2007

The TOBACCO- AND NICOTINE-FREE portion-packed snus segment continues to grow in Sweden. We are now launching a new flavor: Onico Juniper Berry.

Further step toward new view of snus

Aug 15, 2007

That snus is a significantly less harmful alternative to cigarettes is a viewpoint that is gaining a stronger foothold in the scientific community. One example is the scientific committee that recently evaluated the health effects of smokeless tobacco on behalf of the EU. In the May issue of the respected magazine, The Lancet, two scientists demanded that snus should be allowed where it is prohibited today.

Swedish Match has appointed Henrik Brehmer new Senior Vice President Corporate Communications

Aug 10, 2007 8:56 AM CET

Half Year Report January – June 2007

Jul 20, 2007 8:11 AM CET

• Net sales for the second quarter amounted to 3,090 MSEK (3,242) and 5,752 MSEK (6,193) for the first six months
• Operating profit* for the second quarter amounted to 642 MSEK (784) and 1,176 MSEK (1,517) for the first six months
• US dollar and other currency translation differences in the second quarter negatively affected sales and operating profit comparisons by 105 MSEK and 25 MSEK respectively
• Net profit for the second quarter amounted to 441 MSEK (617), and 773 MSEK (1,105) for the first six months
• EPS for the second quarter amounted to 1.66 SEK (2.09) and 2.89 SEK (3.72) for the first six months
• Bogaert Cigars acquired at the end of the second quarter, with an annual turnover of 180 MSEK

* Excluding pension plan curtailment gain of 148 MSEK before tax in 2006

Swedish Match reaches agreement on sale of Stockholm real estate

Jul 6, 2007 5:25 PM CET

Swedish Match Acquires Bogaert Cigars

Jun 15, 2007 3:20 PM CET

• Portfolio consists of machine made cigars and cigarillos
• Primary markets are France, Germany, Netherlands, Belgium
• Bogart and Hollandia brands, as well as private label products
• Production in Belgium and Indonesia
• Annual turnover of approximately 20 MEUR

Swedish Match to deregister from SEC

May 31, 2007 10:32 AM CET

US – world's largest snuff market

May 11, 2007

The American snuff market is growing constantly, and demand is increasing every year. As restrictions on smoking become more widespread, more and more smokers are seeking smokeless alternatives. Swedish Match is one of the players in this growing market.

Tradition and innovation

May 11, 2007

Greatly simplified, production of snus requires only tobacco, water and salt. For Swedish Match, however, the production of quality snus is an advanced and highly technical process that begins long before the tobacco reaches the plant.

Snus is better than cigarettes

May 11, 2007

An increasing number of researchers consider that smokeless products are a good alternative for people who find it difficult to stop using tobacco completely. Proponents of Harm Reduction, which is a strategy for reducing the harmful effects of smoking, believe that there are major health gains to be realized if smokers replace cigarettes with significantly less harmful smokeless products.

Remuneration issues arouse interest

May 11, 2007

As usual, the subject of remuneration paid to the Board of Directors and management prompted questions at the Meeting, despite the fact that these motions on the agenda actually contained no new information.

Record earnings pleased shareholders

May 11, 2007

The arrival of spring in Stockholm, with masses of wood anemones, scillas and spring bulbs blooming in the park outside the Stockholm International Fairs facility, must have been matched by the spring feelings of the 435 shareholders represented in the meeting venue itself.

Not without my snus

May 11, 2007

Swedish Match has nearly 20 different brands of snuff and snus, but Swedish golf pro Fredrik Jacobson knows which brand he prefers. “General is without a doubt my favorite snus, I have used it for 15 years,” says Fredrik Jacobson.

Market leader in Scandinavia

May 11, 2007

With market shares of nearly 90 percent in Sweden and Norway,* Swedish Match is the Scandinavian leader in the snus market. Despite increased competition from international tobacco companies, Swedish Match has a strong market-leading position. The key to success is an intense focus on product development and continuous dialogue with customers.

Experienced Americans on the Board

May 11, 2007

In addition to electing a new Chairman of the Board, the Annual General Meeting also elected Charles A. Blixt and John P. Bridendall as new Board members. They are two highly experienced Americans who are now assuming a position on the Swedish Match Board of Directors.

Lancet: Snus positive for public health

May 9, 2007 10:00 AM CET

Bans on snus or overstated propaganda against the product are not a sound public-health policy, since cigarette smoking is the overshadowing health problem. This is the conclusion reached in today's issue of the respected medical journal The Lancet.

Mahogany trees restoring nature

May 5, 2007

"I always wondered why there weren’t any mahogany trees in Mahogany Valley, until I found out that the trees had been harvested for their valuable timber and to create arable land. We’ve just finished planting 20,000 mahogany plants that will grow and restore the natural flora," says Carlos Thomen proudly.

Interim Report January – March 2007

Apr 27, 2007 8:51 AM CET

• Sales for the first quarter amounted to 2,663 MSEK (2,951)
• A sharp increase in the excise tax for snus effective January 1, 2007, resulted in exceptionally low deliveries of snus to the Swedish market during the first quarter
• Operating profit for the first quarter amounted to 534 MSEK (733)
• Net profit for the first quarter amounted to 332 MSEK (488)
• EPS for the first quarter amounted to 1.23 SEK (1.62)

Swedish Match shareholders approve dividend hike to 2.50 SEK

Apr 23, 2007 10:00 PM CET

Brand building in practice according to Anna Neiås

Apr 20, 2007

Swedish Match publishes annual report for 2006

Mar 22, 2007 4:35 PM CET

Annual General Meeting of Swedish Match AB (publ)

Mar 19, 2007 10:49 AM CET

The shareholders of Swedish Match AB are hereby notified of the Annual General Meeting of Shareholders to be held on Monday 23 April 2007 at 16:30 (CET) in Stockholm, Sweden.

2006 our best year to date - Interview with Sven Hindrikes, President

Mar 7, 2007

Award-winning IR manager best in Europe

Mar 6, 2007

Institutional Investor Research Group named Emmett Harrison, Swedish Match, the Best IR Professional for Tobacco in its 2006 European Investor Relations Ranking.

Report on Operations full year 2006

Feb 14, 2007 8:51 AM CET

• Net sales for the fourth quarter amounted to 3,457 MSEK (3,500), and 12,911 MSEK (13,311) for the full year
• Operating income increased by 18% to 799 MSEK (678) for the fourth quarter and by 15% to 3,235 MSEK (2,825) for the full year
• Net income for the fourth quarter amounted to 602 MSEK (456), and 2,331 MSEK (1,777) for the full year
• EPS for the fourth quarter was up 48% to 2.18 SEK (1.47), and up 45% to 8.12 SEK (5.61) for the full year
• The Board proposes an increased dividend to 2.50 SEK (2.10)

Two new members proposed for Swedish Match Board of Directors

Feb 7, 2007 5:44 PM CET

Conny Karlsson proposed as chairman of the Board of Directors of Swedish Match AB

Jan 16, 2007 10:23 AM CET

Items approved at Swedish Match Shareholders’ Meeting

Dec 4, 2006 4:55 PM CET

Cigarette smoking - public health enemy number one

Nov 12, 2006

Increasingly, more people in the public-health sector are beginning to realize that Swedish snus is a possible means to reduce harmful cigarette smoking. Although the issue remains controversial, the trend is clear, according to Lars Erik Rutqvist, Vice President, Scientific Affairs within the Swedish Match Group. Accordingly, it is highly disappointing that the new Swedish government announced in its budget proposal a significantly sharper increase in the tobacco tax on snus than cigarettes.

Extraordinary General Meeting of Swedish Match AB (publ)

Nov 6, 2006 9:38 AM CET

Interim Report January – September 2006

Oct 25, 2006 8:33 AM CET

• Net sales for the third quarter amounted to 3,261 MSEK (3,461), and 9,454 MSEK (9,811) for the first nine months
• Operating income excluding larger one time items increased by 5% to 796 MSEK (756) for the third quarter and by 18% to 2,288 MSEK (1,941) for the first nine months
• Net income for the third quarter amounted to 626 MSEK (569), and 1,729 MSEK (1,321) for the first nine months
• EPS for the third quarter was up 23% to 2.22 SEK (1.81), and up 43% to 5.93 SEK (4.14) for the first nine months

Swedish Match set to begin odd-lot commission free offer for shareholders with less than 200 shares

Sep 8, 2006 11:12 AM CET

Swedish Match Board of Directors Calls for Extraordinary Shareholders Meeting

Aug 28, 2006 8:43 AM CET

The Solstickan Foundation - a sunny story

Aug 18, 2006

In autumn 1935, the idea was conceived of developing a special brand to place on ordinary boxes of matches, which would be sold at a higher price. The surplus would go to projects designed to serve the interests of children in the community. The man behind the idea was Mathias Hallgren, a director in Svenska Tandsticksbolaget´s sales company. The Solstickan Foundation was established in 1936.

Social responsibility at a cost of millions

Aug 18, 2006

Within Swedish Match, there is a long tradition of social responsibility. Through our involvement in local projects worldwide, we contribute to social development in our own way. A few examples are the work of the Solstickan Foundation in Sweden, combating HIV/AIDS in South Africa and rebuilding work after the devastation caused by Hurricane Rita in the US.

Offer to small shareholders: Sell without a brokerage fee

Aug 18, 2006

Are you a shareholder in Swedish Match with fewer than 200 shares? If so, you will soon receive an offer from the company enabling you to sell your shares without having to pay any charges or brokerage fees.

Interim Report January – June 2006 - CORRECTION

Aug 3, 2006 10:48 AM CET

• Net sales for the second quarter amounted to 3,242 MSEK (3,384), and 6,193 MSEK (6,351) for the first six months
• Operating income amounted to 920 MSEK (647) for the second quarter and 1,640 MSEK (1,185) for the first six months
• Operating income, excluding a one time pension curtailment gain of 148 MSEK for the second quarter amounted to 772 MSEK and 1,492 MSEK for the first six months
• Net income for the second quarter amounted to 616 MSEK (405), and 1,103 MSEK (752) for the first six months
• EPS for the second quarter was 2.09 SEK (1.27), and 3.71 SEK (2.33) for the first six months

Interim Report January - June 2006

Aug 3, 2006 8:46 AM CET

• Net sales for the second quarter amounted to 3,242 MSEK (3,384), and 6,193 MSEK (6,351) for the first six months
• Operating income amounted to 920 MSEK (647) for the second quarter and 1,640 MSEK (1,185) for the first six months
• Operating income, excluding a one time pension curtailment gain of 148 MSEK for the second quarter amounted to 772 MSEK and 1,492 MSEK for the first six months
• Net income for the second quarter amounted to 616 MSEK (405), and 1,103 MSEK (752) for the first six months
• EPS for the second quarter was 2.09 SEK (1.27), and 3.71 SEK (2.33) for the first six months

Swedish Match launches EUR 300 mln Eurobond issue

Jun 20, 2006 5:13 PM CET

Focus on growth potential at 2006 AGM

Jun 7, 2006

Famous store part of cigar acquisition

Jun 7, 2006

Chairman Mundebo takes his leave

Jun 7, 2006

Two cancer specialists to contribute to new alternatives to smoking

Jun 5, 2006

Continued focus on increasingly pure Swedish snus. Continued development of products as alternatives to smoking, and more research on snus. These are some of the issues to be addressed in the future by cancer physicians Lars Erik Rutkvist and Freddi Lewin in their capacity as medical specialists.

Interim Report January – March 2006

Apr 28, 2006 10:55 AM CET

• First quarter net sales amounted to 2,951 MSEK (2,967)
• Excluding the effect of divested businesses, sales increased by 5%
• First quarter operating income amounted to 721 MSEK (538), up 34%
• First quarter net profit amounted to 487 MSEK (347), up 41%
• First quarter EPS amounted to 1.62 SEK (1.06), up 53%

Cancer specialist strengthens scientific competence within Swedish Match

Apr 27, 2006 4:08 PM CET

Swedish Match shareholders approve dividend hike to 2.10 SEK

Apr 20, 2006 10:00 PM CET

Swedish Match Annual Report 2005

Apr 4, 2006 10:37 AM CET

The Annual report has been published on www.swedishmatch.com.

Annual General Meeting of Swedish Match AB (publ)

Mar 23, 2006 11:17 AM CET

Firebreak – the smoke-free tobacco product of the future

Mar 23, 2006 10:00 AM CET

Firebreak, a modern chewing-tobacco product previously only sold in Japan, is now available to Swedish cigarette smokers.

Firebreak – the smoke-free tobacco product of the future

Mar 23, 2006 10:00 AM CET

Firebreak, a modern chewing-tobacco product previously only sold in Japan, is now available to Swedish cigarette smokers.

"Our consumer surveys show that a large proportion of cigarette smokers do not regard current smoke-free tobacco products, such as snus and traditional chewing tobacco, as an attractive alternative to cigarettes. Firebreak is aimed at these smokers," says Ulf Svensson, Vice President Information & Public Affairs, North Europe Division

Andrew Cripps and Conny Karlsson proposed for Swedish Match Board of Directors

Mar 20, 2006 3:21 PM CET

Swedish Match Acquires European Premium Cigar Brands, Hajenius and Oud Kampen, from The Burger Group

Feb 16, 2006 11:00 AM CET

Report on Operations full year 2005

Feb 15, 2006 10:44 AM CET

• Fourth quarter net sales were 3,500 MSEK (3,211), and full year sales were 13,311 MSEK (13,007)
• Fourth quarter operating income was 678 MSEK (508) and full year operating income was 2,825 MSEK (3,593)
• Operating income for the full year, excluding major one-time items, was 2,618 MSEK (2,312)
• Net profit for the fourth quarter was 456 MSEK (297), and for the full year was 1,777 MSEK (2,084)
• Fourth quarter EPS was 1.47 SEK (0.86), and full year EPS was 5.61 SEK (6.18)
• The Board proposes an increased dividend to 2.10 SEK (1.90)

Swedish Match Downsizes Match Operations

Jan 10, 2006 10:53 AM CET

The restructuring plan of the match operations is now completed. The aim of the plan has been to divest or close match operations with low profitability and lack of strategic fit with other product areas. The Company previously announced the closure of the match factory in Valencia, Spain and the divestment of the majority holding in the Indian match company Wimco Ltd. In addition to these earlier announced measures, two fully owned operations have been sold, a letter of intent has been signed regarding the divestment of another operation, and an associated company was sold. Also, the remaining minority shareholding of Wimco Ltd. has been sold, and an announcement has been made with regard to the closure of another match factory.

Another strong and eventful quarter

Dec 12, 2005

Three months is a short period, but in retrospect it is amazing how much can happen during a quarter, says Group CFO Lars Dahlgren.

Swedish Match Launches Kronan Snus in Sweden

Sweden

Dec 2, 2005 4:11 PM CET

Swedish Match to launch a new Swedish snus, General Onyx

Sweden

Oct 25, 2005 1:02 PM CET

Interim Report January – September 2005

Oct 25, 2005 11:22 AM CET

• Third quarter net sales were 3,461 MSEK (3,419), and nine month sales were 9,811 MSEK (9,797)
• Operating income amounted to 953 MSEK (454) for the third quarter and 2,118 MSEK (3,061) for the first nine months
• Operating income, excluding major one time items, for the third quarter amounted to 747 MSEK compared with 694 MSEK previous year and 1,912 MSEK (1,779) for the first nine months
• Net profit for the third quarter amounted to 562 MSEK (219), and nine month net profit was 1,301 MSEK (1,770)
• Third quarter EPS was 1.79 SEK (0.63), and nine month EPS was 4.08 SEK (5.26)

Swedish Match to divest New York real estate

Aug 5, 2005 11:28 AM CET

Stable sales and strong operating income

Jul 26, 2005

Swedish Matchs sales continued to show a stable trend during the first six months of the year. For snuff, we can be pleased to note that volumes increased in Scandinavia and that market share increased in the US. Operating income increased strongly, and previously implemented rationalization measures began to show effects, says Lars Dahlgren.

Interim Report January – June 2005

Jul 21, 2005 8:47 AM CET

• Sales were 6,351 MSEK (6,377)
• In local currencies, sales were up 1%
• Operating income amounted to 1,166 MSEK (1,086 MSEK year ago excluding settlement income from UST of 1,521 MSEK)
• Net profit for the period amounted to 738 MSEK (670 MSEK year ago excluding settlement income from UST of 881 MSEK)
• EPS amounted to 2.28 SEK (1.95 SEK year ago excluding settlement income)

Swedish Match to divest Wimco

Jul 1, 2005 2:02 PM CET

Stable start to the year

May 12, 2005

The first quarter of 2005 got off to a stable start, laying a solid foundation for the coming quarters, says Lars Dahlgren, Swedish Matchs CFO, in his analysis of the results for the first quarter. Growth continued in the Cigars product area, and we take a positive view of how the Timber Wolf snus brand has performed in the US market.

Public health report supports harm reduction concept

May 2, 2005

The net effects of changes in tobacco habits in Sweden are positive from a health viewpoint, since smoking is so much more damaging to health than snus. "The current situation is that while we cannot exclude risks associated with snus, they are minimal compared with those from smoking."

Swedish Match shareholders approve dividend hike to 1.90 SEK

Apr 27, 2005 9:00 PM CET

Swedish Match names Lennart Freeman Executive Vice President

Apr 20, 2005 12:11 PM CET

Interim Report January – March 2005

Apr 20, 2005 11:07 AM CET

Annual General Meeting of Swedish Match AB (publ)

Mar 22, 2005 1:51 PM CET

Kersti Strandqvist and Sven Hindrikes proposed for Swedish Match Board of Directors

Mar 17, 2005 3:02 PM CET

New rules for financial reporting

Feb 23, 2005

Effective January 1, 2005, all exchange-listed European companies began applying a new standard for financial reporting. Swedish Match has been prepared for this for a considerable time at Group level, and the practical work involved had already been initiated a year ago. It has been an enormous task and taken a large amount of time, but the positive result is that in future there will be better comparability between European listed companies when we are all using the same standard, comments Joakim Tilly, Group Finance.

An eventful year

Feb 23, 2005

Operations developed favorably during 2004 and sales increased by 3 percent in local currencies. Volumes increased, particularly for cigars, as well as snus. Operating income increased and was affected by several items of a nonrecurring nature. The settlement with UST at the beginning of the year resulted in an income item of 1.5 billion SEK before tax, while write-downs, allocations to reserve and costs for rationalization measures were charged against earnings. Earnings per share rose to 5.61 SEK (4.68), and the Board of Directors has decided to propose that the dividend for the year be increased to 1.90 SEK (1.70).

Swedish Match To Acquire Remaining Ownership In General Cigar

Feb 22, 2005 6:00 PM CET

Report on Operations full year 2004

Feb 11, 2005 12:09 PM CET

• Sales in Swedish Crowns were 13,007 MSEK (13,036). In local currencies, sales were up 3%

• Operating income amounted to 3,370 MSEK (2,224)

• Operating income includes income of 1,521 MSEK from settlement with UST and expenses of 240 MSEK from match impairment charges and provisions

• Net profit amounted to 1,828 MSEK (1,558)

• EPS increased to 5.61 SEK (4.68)

• The Board proposes an increased dividend to 1.90 SEK (1.70)

The disaster in Southeast Asia

Jan 3, 2005

2005-01-03

The disaster in Southeast Asia touches us all. Areas, which were already very poor has been affected by incomprehensible destruction. An as yet unknown but overwhelming number of lives have been claimed, innumerable lives have been shattered.

The Ban on Snus Survives ECJ Challenge

Dec 14, 2004 10:06 AM CET

Swedish Match to reposition Timber Wolf snuff in the U.S.

USA

Nov 30, 2004 8:45 AM CET

Swedish Match comments on IARC press release

Nov 22, 2004 3:50 PM CET

Swedish Match announces repurchase of bonds

Nov 22, 2004 2:08 PM CET

"We have much in common in our focus on brands"

Nov 19, 2004

He is CEO of the Nordic region's largest confectionery company and also a new member of Swedish Match's Board of Directors. With his long experience of working with fast-moving consumer goods, Karsten Slotte has much to bring to Swedish Match's Board work. But he personally thinks he also has a lot to learn and that the relationship will be mutually beneficial.

Tobacco-based Harm Reduction is gaining more and more attention

Nov 19, 2004

Snus in focus

Nov 19, 2004

The crisis of cancer caused by cigarette smoking is considered having claimed millions of lives. As a means to "snuff out" this trend, Swedish snus has emerged as a model "Harm Reduction" product, because of its documented role in Sweden, helping a considerable number of smokers to quit. This gives Swedish Match an extraordinarily good business proposition in America and in other parts of the world. The challenge is to communicate in a restricted environment", says Lennart Freeman, president of Swedish Match, North American Division.

Contradictory opinion on snus in EU

Nov 19, 2004

It is clear that the EU directive banning the sale of snus is invalid, since the ban lacks any motivation. Nevertheless, it should remain in force until the European Parliament can adopt a new, correctly motivated directive. This is the view expressed by the advocate general of the European Court of Justice in his opinion as to how the Court should rule on the matter.

Interim Report January – September 2004

Oct 26, 2004 11:10 AM CET

Swedish Match Cup with world star Peter Gilmore

Sep 10, 2004

With its 150,000 spectators during the first week in July, the Swedish Match Cup in match race sailing is one of Swedens largest public events. The worlds best sailors from the prestigious Americas Cup come to the west coast of Sweden to participate in the event that all other organizers on the global Swedish Match Tour try to match.

Stable share price during most recent quarter

Sep 10, 2004

New CFO focused on high return and new accounting rules

Sep 10, 2004

Lars Dahlgren was appointed as new Chief Financial Officer of Swedish Match on July 1. He succeeds Sven Hindrikes, who was appointed President and CEO on June 1. Inside asked the new CFO to present himself.

Advocat General opinion that Snus Ban should remain pending amended directive

Sep 7, 2004 10:35 AM CET

The Advocate General of the ECJ to give his opinion today on the EU ban on snus

Sep 7, 2004 9:19 AM CET

India Supreme Court Upholds SEBI Ruling

Aug 27, 2004 2:18 PM CET

Swedish Match to terminate its ADR program and to delist from the NASDAQ National Market

Aug 19, 2004 9:14 AM CET

U. S. Court of appeals upholds judgment for Swedish Match North America/The Pinkerton Tobacco Company in product liability lawsuit

Aug 2, 2004 3:45 PM CET

Interim Report January – June 2004

Jul 21, 2004 11:20 AM CET

Settlement with UST adds new cigar range

Jul 7, 2004

Swedish Match North America and U.S. Tobacco have reached a settlement whereby UST will make a one-off payment of 200 MUSD (approximately 1,540 MSEK) to Swedish Match. Under the terms of the settlement, Swedish Match will also take over all of UST's cigar operations, with annual sales of about 11 MUSD (approximately 85 MSEK). The settlement marks the end of a legal dispute that began in July 2002.

Hearings in the European Court

Jul 7, 2004

ON JUNE 8, THE EUROPEAN COURT OF JUSTICE heard two cases concerning the ban on the sale of snuff within the EU.

Mr Tobacco bows out

Jul 7, 2004

When Klaus Unger resigns from the Board in connection to this year's Annual General Meeting, he will be able to look back on a 46-year career in the Swedish tobacco industry. He has made a substantial contribution to making Swedish Match what it is today, an international company with a clear and consistent strategy focusing on smokeless products. And he is confident about the Company's prospects.

Appointments in Swedish Match

Jun 23, 2004 1:48 PM CET

Sven Hindrikes Appointed President and CEO of Swedish Match

Jun 1, 2004 9:14 AM CET

New variants and flavors

May 19, 2004

Swedish Match is constantly expanding its product range. Below we describe a selection of our product launches during the past six months.

Lifelong passion for brands

May 19, 2004

When Arne Jurbrant was voted onto the Swedish Match Board of Directors two years ago, he had just finished a long career in the food industry, a sector characterized by a strong focus on brandbuilding. He regards the experience he gained there as one of the most important attributes he can bring to the work of the Board.

New product range chart gives overall picture of snuff products

May 19, 2004

Consumers of snus will soon find it easier to navigate around Swedish Match extensive range of snus products. A clearer segmentation of the various brands and products is currently being implemented, based on portion size and characteristics. This is the aim of Swedish Match nomenclature project currently being put into practice in Swedish retail.

Swedish Match shareholders approve dividend hike to 1.70 SEK

Apr 26, 2004 9:00 PM CET

Interim Report January – March 2004

Apr 26, 2004 10:58 AM CET

• Sales were 3,002 MSEK (3,006)
• In local currencies, sales were up 5%
• Operating income excluding gain from settlement with UST and certain one time costs amounted to 535 MSEK (516)
• Net profit for the period amounted to 1,091 MSEK (337), including gain from settlement with UST
• EPS increased to 3.32 SEK (0.99), of which settlement with UST accounts for 2.50 SEK

Swedish Match Annual Report 2003

Apr 19, 2004 11:26 AM CET

Swedish Match announces appointment of Acting CFO

Apr 2, 2004 2:04 PM CET

General Cigar to Appeal Decision In Cohiba Trademark Ruling

Mar 30, 2004 9:37 AM CET

European Court of Justice to Hear Snus Ban Case in June 2004

Mar 29, 2004 5:13 PM CET

Annual General Meeting of Swedish Match AB (publ)

Mar 26, 2004 4:23 PM CET

Lennart Sundén leaves Swedish Match

Mar 19, 2004 12:49 PM CET

Settlement with UST

Mar 15, 2004 7:50 AM CET

Report on Operations full year 2003

Feb 11, 2004 11:40 AM CET

Karsten Slotte proposed for Swedish Match Board of Directors

Feb 5, 2004 3:57 PM CET

Harm reduction gives snus key role in reducing cigarette smoking

Feb 1, 2004

Focus on reducing the harmful effects of smoking and save lives! Under this slogan, a number of respected researchers are challenging the prevailing opinions of health policy-makers and tobacco critics worldwide. Forty years after the risks of smoking became known, anti-smoking campaigns have had only limited success. Hopes of eliminating tobacco use in society in the foreseeable future seem increasingly unrealistic.

Digital fireworks display crowns inaugural celebration

Nov 28, 2003

A totally new workplace is always a pleasure for a municipality.

Economist with strategic interests

Nov 27, 2003

He was at the heart of the action when the Swedish Governments commercial interests were radically transformed during the 1980s and 1990s. Jan Blomberg joined the Swedish Match Board of Directors in 1996 and now heads the Boards recently constituted audit committee.

Unique plant built in record time

Nov 27, 2003

At 11:00 a.m. on January 11, 2001, the ground was broken for what is now Swedish Match's unique new snus plant in Kungälv, near Gothenburg. Not only is the Kungälv plant the world's most advanced snuff-production plant, but construction of the plant was also carried out substantially more rapidly than scheduled, based on a concept unique to Swedish Match. The inauguration in September was the symbolic culmination of many years of dedicated research and development work within Swedish Match.

Firebreak tobacco chewing gum launched in Tokyo

Nov 27, 2003

Swedish Match announces new prices on moist snuff, for sale in the US

Nov 17, 2003 9:11 AM CET

Interim Report January - September 2003

Oct 23, 2003 11:18 AM CET

World-first snus factory opens in Kungälv

Sep 18, 2003 11:00 AM CET

Interim Report January - June 2003

Jul 23, 2003 12:01 PM CET

It started with royal noses

Jun 25, 2003

Snuff has its origins in North America and spread to Europe via Columbus. The use of nasal snuff flourished at the influential French court and was quickly copied by the upper classes at many Central European courts. In Sweden, snus habits changed at the beginning of the 19th century, when placing moist snus under the upper lip became a widespread practice.

Swedish snus is more part of the solution than part of the tobacco problem

Jun 25, 2003

Swedish snus is increasingly demonstrating that it is part of the solution to the tobacco problem, says vice president Bo Aulin, head of Corporate Affairs at Swedish Match. There is a sound scientific basis for claiming that Swedish snus is a realistic and effective alternative for reducing the health risks associated with the use of tobacco.

New products ready for barbecue season

May 15, 2003

With its new products in the Solstickan family, the grill bag and the disposable grill, Swedish Match will be making barbecues simpler and more convenient this summer. The lightable grill bag is a totally new concept. No soot from the bag to blacken everything, and no need to use barbecue lighter fluid. In addition, SEK 0.20 goes to the Solstickan Fund for every bag or grill sold.

Snuff heads east

May 15, 2003

As Swedish Match directs its attention to new markets for snus, the focus is on Russia. The test sales activities of the past year have now been intensified. As Swedish Match directs its attention to new markets for snus, the focus is on Russia. The test sales activities of the past year have now been intensified.

Swedish Match shareholders approve dividend hike to 1.60 SEK

Apr 25, 2003 6:00 PM CET

Interim Report January - March 2003

Apr 25, 2003 11:46 AM CET

New company formed to boost sales in Norway

Apr 11, 2003

There is still something of a pioneering spirit in the office at Brynsall謠4 on the outskirts of Oslo. Not all the desks have been occupied and only nine of the projected 14 employees are on the scene at the brandnew sales company, Swedish Match Norway Sales. Operations were formally launched on January 1, 2003.

5 MSEK per year to Swedish researchers

Apr 11, 2003

Since the end of the 1950s, Swedish Match has been contributing financially to research on the effects of tobacco use. The money, which is distributed by the Swedish Medical Advisory Council, has supported a number of high-quality projects. An example is research into the link between smoking during pregnancy and sudden infant death syndrome, an area in which Swedish research is world-leading.

Annual General Meeting of Swedish Match AB (publ)

Mar 28, 2003 3:52 PM CET

Swedish Match agrees to acquire CYAN d.o.o., Slovenia

Mar 28, 2003 9:59 AM CET

One in five snus consumers is a woman

Mar 17, 2003

The number of Swedish women who use snus is increasing, having doubled over the past five years. More than 60 percent are former smokers.

Major step forward in snuff issue within EU

Mar 17, 2003

In November 2002, the administrative court in Minden, in the German state of North Rhine-Westphalia, decided to refer the issue of the EU ban on snuff to the Court of Justice of the European Communities in Luxembourg. The German court is seeking an answer as to whether the ban on sales of snuff within the EU is legal according to European Community Law. Swedish Match believes that this represents a major step toward lifting the ban.

Report on Operations full year 2002

Feb 11, 2003 11:48 AM CET

Share tips on the Net

Feb 10, 2003

The Internet offers a quick source of information about shares, including an abundance of facts about companies and details of share prices.

Swedish Match announces new prices on moist snuff for sale in the US

Jan 14, 2003 2:36 PM CET

Each word is significant

Jan 8, 2003

The Auditors Report may not look much, with its brief, standard formulations, but each precise word weighs extremely heavily,« says Bernt Magnusson, Chairman of the Board.

The Swedish experience arouses interest in research circles

Jan 8, 2003

In a health context, the role of snuff (snus) as a significantly better alternative to cigarette smoking has created attention at a number of major international conferences during the past half year. The experiences cited have mainly derived from Sweden.

Breakthrough in the European Snus issue

Nov 26, 2002 3:35 PM CET

Swedish Match brings competition lawsuit against UST in US

Nov 25, 2002

Swedish Match has filed a federal anti-trust complaint in Kentucky against UST. Swedish Match accuses UST of using its near-monopoly status in an improper manner.

Interim Report January - September 2002

Oct 24, 2002

Swedish Match and Cuba Tobacco reach cigar settlement

Oct 10, 2002 9:29 AM CET

Swedish Match named »Best Supplier«

Sep 16, 2002

Swedish Match has been named »Best Supplier in Service Retailing in Sweden.« The award was made for the first time by the National Association of Game and Service Retailers, the National Association of Petroleum Product Retailers and the Stockholm Fair at a trade fair in Stockholm in April.

The snuff enjoyed by popes and laborers celebrates its 180th birthday

Sep 16, 2002

With inventiveness and stubbornness Jacob Fredrik Ljunglöv succeeded in establishing »Ettan« (»The One«) as the first »nationwide« snuff in Sweden. Railroad laborers who carried the snuff with them as they moved along were successful marketers. But even Pope Leo XIII liked the taste. »Ettan«, which celebrates its 180th birthday this year, is one of Sweden's oldest active brands and as Swedish as a Midsummer maypole.

Strong culture creates shareholder value

Aug 16, 2002

»Swedish Match is a harmonious company. It has harmonious strength. It works. One of the reasons is the companys culture, the strongest I know of in any company. One of the Board of Directors most important tasks actually is to set the tone in the Company, to cultivate the culture, so that all employees are working together to produce and create value for the shareholders.«

The Board is the extended arm of shareholders

Aug 16, 2002

The role and responsibility of a board of directors is often a matter of debate in media and financial markets. In Swedish Match there is a clear set of working rules that govern the distribution of work between the board and the Companys management. But the board not only has a supervisory role; it must also contribute by providing expertise and advice to management.

Record earnings per share

Aug 15, 2002

The favorable start to 2002 also continued during the second quarter. During the first half of 2002, Swedish Matchs sales increased by 4 percent to 6,850 MSEK. The success is primarily attributable to solid organic growth, in which snuff sales reached record levels during the second quarter, commented Sven Hindrikes, the Groups CFO. Operating income for the period grew by a continued positive 19 percent to 1,245 MSEK. The earnings per share climbed 23 percent to 2.07 SEK, which was also a re

Interim Report January - June 2002

Jul 24, 2002 11:54 AM CET

Swedish Match takes legal action against US Tobacco

Jul 22, 2002 4:03 PM CET

Successful start to 2002

Jun 24, 2002

Swedish Match had a good start in 2002. Despite continued weak economic conditions, sales during the first three months of the year rose 8 percent to 3,317 MSEK. Operating income increased even more sharply, rising 23 percent to 605 MSEK, and earnings per share were up a full 28 percent to SEK 1.02. »We are pleased with the strong increase in volumes for snuff in Northern Europe and the US, and improved margins for both smokeless tobacco and cigars,« notes Sven Hindrikes, Group CFO.

Our strategies showed their strength during 2001

Jun 24, 2002

Last year was something of a breakthrough for Swedish Match unique strategy, with growing international attention focused on oral snuff as a smokeless alternative and a highly positive reaction from the stock market, commented Lennart Sund謠in his address to the Annual General Meeting on April 23. Our strategies fore the next few years prioritize continued organic growth, special efforts to utilize the potential for improving margins and making selective acquisitions, and optimization of the capital structure.

Arbitrary, unreasonable and discriminatory

Jun 3, 2002

The ban on sales of Swedish snuff, snus, is arbitrary, unreasonable and discriminatory, and conflicts with the EUs fundamental principle concerning the free movement of goods. This was the opinion expressed by Bo Aulin, Swedish Match General Counsel and Senior Vice President, Corporate Affairs, at the Groups capital market day in Gothenburg on February 15.

New names on the board

Jun 2, 2002

Tuve Johannesson and Arne Jurbrant, two genuine veterans of industry, were elected to Swedish Match Board of Directors at the Annual General Meeting.

Smokeless in the US, Timber Wolf a solid success

May 17, 2002

Swedish Match success in the North American market for smokeless tobacco is continuing. The main locomotive is Timber Wolf, a strong snuff brand, but chewing tobacco also shows positive earnings growth, despite a declining total market.

Cricket to sponsor Ferrari driver

May 17, 2002

DURING 2002, CRICKET WILL BE sponsoring Swedish motor-racing driver Tony Ring in the Ferrari Challenge race series. The competition, which has served as Ferraris own world championship since it was initiated in 1993, is contested at various Formula 1 tracks on five continents.

Success for cigars in North America

Apr 29, 2002

Increased sales, market share gains and production efficiencies that sums up the success achieved by the personnel in charge of machine made cigars in the U.S. during 2001. Among the explanations are a more efficient sales force and improved marketing.

Our basic principle is openness

Apr 29, 2002

AS CAN BE SEEN from the recently presented yearend report for last year, 2001 was a good year for Swedish Match. A year-end report contains a mass of information about our sales, earnings, markets and products. Group policy is to be as open as possible in our corporate communications.

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