Key data, MSEK
| Key data, MSEK | 2020 | 2019 | 2018 |
|---|---|---|---|
| Sales | 16,698 | 14,739 | 12,966 |
| Sales from product segments | 16,332 | 14,363 | 12,612 |
| Operating profit from product segments | 7,160 | 5,812 | 4,918 |
| Operating profit, excluding larger one time items | 6,991 | 5,675 | 4,812 |
| Operating profit | 6,991 | 5,307 | 4,812 |
| Operating margin from product segments, % | 44 | 41 | 39 |
| Operating margin, %1) | 42 | 39 | 37 |
| EBITDA from product segments | 7,684 | 6,296 | 5,282 |
| EBITDA | 7,580 | 6,222 | 5,227 |
| Profit for the year | 4,888 | 3,896 | 3,578 |
| Earnings per share basic and diluted, SEK | 30 | 23 | 21 |
| Earnings per share, excl. STG, basic and diluted, SEK | 30.38 | 23.22 | 20.63 |
| Earnings per share, excl. STG, adjusted, basic and diluted, SEK 2) | 32.16 | 25.41 | 20.63 |
| Ordinary dividend per share, SEK | 15,003) | 12.50 | 10.50 |
1) Excluding larger one-time items and income from STG.
2) There are no larger one-time items adjusted for 2018. Larger one-time items has been adjusted for in 2019 for 363 and for 2017 with 373 MSEK.
3) Board proposal.
Our business
Swedish Match operates in the product segments – Smokefree, Cigars, and Lights. With its vision of a world without cigarettes, the Group is dedicated to the improvement of public health by offering attractive alternatives to cigarettes with its smokefree products.
In the US, the Company is the biggest participant in the nicotine pouch market, as well as the largest producer of chewing tobacco. The Company also holds the third largest position in the moist snuff category, and has a longstanding presence with snus. In Scandinavia, Swedish Match enjoys the market leading position for snus as well as holding the number two position for nicotine pouches. In Europe, Swedish Match has introduced nicotine pouches in a number of countries. The Company is also present with its niche chewing tobacco products of chew bags and tobacco bits.
Sales1)
| Product segment | SEK |
|---|---|
| Smokefree | 10,651 |
| Cigars | 4,533 |
| Lights | 1,149 |
1) Full year 2020
Operating profit1)
| Product segment | SEK |
|---|---|
| Smokefree | 5,142 |
| Cigars | 1,796 |
| Lights | 222 |
Employees1)
| Country | Percent |
|---|---|
| The Dominican Republic | 48 |
| Sweden | 20 |
| The US | 18 |
| Brazil | 7 |
| The Philippines | 3 |
| Denmark | 2 |
| The Netherlands | 1 |
| Other | 1 |
The Swedish Match organization comprises three divisions and the Corporate functions. Swedish Match operates in eleven countries and our products are sold across the globe.
