• Skip to main content
  • Go to main navigation
  • Go to language selector
SearchFree text

Swedish Match
  • svenska
Close
  • Swedish Match websites

    • Image Bank
    • Swedish Match Brasil
    • Swedish Match Industries
    • Snus and Match Museum
  • Brand websites

    Smokefree

    • Swedish Match e-commerce service (SE)
    • General (US)
    • Longhorn (US)
    • Pinkerton Tobacco
    • Niqo Co.

    Lights

    • Cricket
    • Nitedals
    • Redheads
  • Other

    • Swedish Match Denmark
    • Swedish Match Norway
    • The Solstickan Foundation (SE)
  • Home
  • Our company More Less

    Our company

    • About us
    • Markets More Less
      • Our product categories and markets
    • Company history More Less
      • Svenska Tobaks AB
      • Svenska Tändsticks AB
      • Swedish Match AB
    • Corporate Governance More Less
      • Articles of association
      • AGM minutes
  • Our business More Less

    Our business

    • Smokefree More Less
      • Nicotine products and regulations
      • History of snus
      • Snus production
    • Cigars More Less
      • History of cigars
    • Lights
  • Sustainability More Less

    Sustainability

    • Strategy and approach
    • Materiality assessment More Less
      • Sustainable Tobacco Program
    • Code of Conduct More Less
      • Supplier Code of Conduct
      • Swedish Match North America Terms and Conditions
    • Sustainability information More Less
      • Environment
      • Compliance
      • Employees and social conditions
      • Human rights
    • Sustainability reporting
  • Investors More Less

    Investors

    • Share holdings
    • Financial reports
    • Debt information More Less
      • Debt programs
      • Outstanding bonds
  • Media More Less

    Media

    • Press releases and news
    • Swedish Match logotype
    • Images
    • Videos
    • Swedish Match Norway More Less
      • Our history
      • Sustainability
    • Media contacts
  • Snus and health More Less

    Snus and health

    • Our standpoint
    • Swedish Match Scientific Publications More Less
      • Our Scientific Publications
    • GOTHIATEK® More Less
      • GOTHIATEK® standard
    • The Swedish Experience
    • Research on snus
    • Smoking cessation
    • Snus and the Swedish Food Act
    • Nicotine More Less
      • Nicotine labeling of Swedish Match products
      • Snus, nicotine and nicotine addiction
    • Tobacco use More Less
      • Tobacco use in figures
  • Career More Less

    Career

    • Employee strategy
    • Our culture
    • Work environment
    • Diversity and non-discrimination
    • Competence development
    • Compensation and benefits
    • Vacant positions
    • Student
    • HR contacts
Our websites
Language:
  • English
  • svenska
Media
  • Press releases and news
  • Swedish Match logotype
  • Images
  • Videos
  • Swedish Match Norway
  • Media contacts
Swedish Match's logo
Press release; Apr 26, 2000 10:00 PM CET

Interim Report January - March 2000

  • Sales increased 13 percent to 2,394 MSEK (2,122)
  • EBITDA increased to 536 MSEK (524)
  • Operating income, excluding divested business, increased 33 percent to 415 MSEK (313)
  • Operating income, including divested business, decreased to 415 MSEK (440)
  • Proposed redemption program: One share out of 14 at 35 SEK
  • Launch of share repurchase program

Swedish Match sales increased by 13 percent in the first quarter versus the same period last year. Snuff continued to show strong organic growth. Acquired businesses added significantly to sales, offsetting lower volume in Other operations and reduced match sales. Smokeless tobacco (snuff and chewing tobacco) and brown tobacco (cigars and pipe tobacco) continued to show strong performance. Both sales and operating income improved versus same period last year for all product categories except matches, which is currently involved in a restructuring program.

An increased annual dividend is proposed, to 1.25 SEK per share (1.10). A program to redeem 1,000 MSEK, as well as a buy-back program of up to 5% of outstanding shares, is also proposed.

The announced 64 percent investment in General Cigar Holdings, Inc. is proceeding according to plan, awaiting final approval by the shareholders of General Cigar. The announced acquisition of National Tobacco’s chewing tobacco brands is currently under review by US regulatory authorities.

The Swedish Match share is listed on the OM Stockholm Stock Exchange (SWMA) and NASDAQ (SWMAY).

For further information please contact:
Lennart Sundén, President & Chief Executive Officer +46 8 658 01 75
Sven Hindrikes, Executive Vice President & Chief Financial Officer +46 8 658 02 82
Bo Aulin, Senior Vice President, Secretary +46 8 658 03 64 and General Counsel
Emmett B. Harrison, Vice President, Investor Relations +46 8 658 01 73


  • EN_109_0_20000427.doc
  • EN_109_1_20000427.pdf

Related documents

  • Presentations
  • CEO comment
  • Annual General Meeting
Home / Media / Press releases and news / Interim Report January - March 2000

Contact us

  • Media contacts
  • HR contacts
  • Consumer contact

Find us

  • Headquarters
  • Sales office
  • Factory
  • Distribution
  • Store
  • Research & Development
  • All addresses
Map

Corporate headquarters

Phone: +46 10 13 93 000

Sveavägen 44
SE-118 85 Stockholm

Corporate headquarters
Swedish Match

Swedish Match AB
SE-118 85 Stockholm

Phone +46 10 13 93 000
Corporate reg no. 556015-0756

About the website

  • Sitemap
  • Site policy
  • Privacy notice
  • Information about cookies
  • Legal responsibility

Find information

  • Search
  • FAQ
  • Archive