Press release; May 4, 2011 8:00 AM CET

Interim Report January – March 2011

  • Comparable sales1) for the first quarter increased by 1 percent to 2,646 MSEK (2,608). In local currencies, comparable sales1) for the first quarter increased by 6 percent. Sales for the first quarter of 2010 including businesses transferred to STG amounted to 3,282 MSEK
  • Comparable operating profit2) for the first quarter increased by 11 percent to 729 MSEK (655). In local currencies, comparable operating profit2) for the first quarter increased by 17 percent
  • Operating profit including businesses transferred to STG, share of net profit from STG and larger one time items3) for the first quarter amounted to 793 MSEK (755)
  • EPS (basic) for the first quarter amounted to 2.50 SEK (2.26)

1)     Sales excluding businesses transferred to STG.
2)     Operating profit excluding businesses transferred to STG, 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.

For the full report: http://www.swedishmatch.com/investors/

Swedish Match telephone conference
A telephone conference will be held today, Wednesday 4 May at 2:00 p.m. (CET), (1:00 p.m. UK time). At this time we will review and comment on the results. Participants will include Lars Dahlgren, Joakim Tilly, and Emmett Harrison.

Listen to the telephone conference live at: http://www.swedishmatch.com/investors/

Replay will be available for 30 days at the link above as well as on telephone number:
UK replay number: +44 20 7031 4064, access code: 885166
US replay number: +1 888 365 0240, access code: 885166
Swedish replay number: +46 8 505 203 33, access code: 885166
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For further information, please contact:
Lars Dahlgren, President and Chief Executive Officer
Office +46 8 658 0441, Mobile +46 70 958 0441
Joakim Tilly, Chief Financial Officer
Office +46 8 658 0213, Mobile +46 76 860 9597
Emmett Harrison, Senior Vice President Corporate Communications and Sustainability
Office +46 8 658 0173, Mobile +46 70 938 0173
Richard Flaherty, President US Division, US Investor Relations contact
Office +1 804 787 5130, Mobile +1 804 400 1774