Scandinavian Tobacco Group A/S, together with its subsidiaries, manufactures and sells cigars and smoking tobacco worldwide. The company offers cigars under the Bellman, Café Crème, CAO, Colts, Cubero, Don Tomas, El Credito, Hajenius, Henri Wintermans Founder's Blend, Hofnar, Justus van Maurik, La Paz, M, Macanudo, Mercator, Nobel Petit, Oud Kampen, and Salsa brand names; pipe tobacco under the Borkum Riff, Captain Black, Clan, Colts, Danske Club, Erinmore, Greve Hamilton, Half & Half, Orlik, Sail, Stanwell, Sweet Dublin, W. Ø. Larsen, and Ålsbo brand names; and fine cut tobaccos for hand-rolled cigarettes under the Bali, Crossroad, Escort, and Tiedemanns brand names. It also offers smokeles...
Founded in 1750
Scandinavian Tobacco Group A/S Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013
Feb 19 14
Scandinavian Tobacco Group reported consolidated earnings results for the fourth quarter and year ended December 31, 2013. The company’s total net sales for the fourth quarter amounted to DKK 1,481 million compared with DKK 1,610 million in the corresponding period a year ago. EBITDA was DKK 289 million compared with DKK 387 million a year ago. Sales and EBITA have been negatively affected by currency fluctuations in the previously announced one-off stock reduction at European distributor. The decline in EBITA was largely offset by positive onetime adjustment to the tax line.
For the year, the company's sales were DKK 5,925 million compared with DKK 5,978 million for the same period a year ago. In local currencies, sales increased when adjusted for inventory fluctuations. EBITDA was DKK 1,180 million compared with DKK 1,313 million a year ago. Compared to the full year of 2012 sales increased in local currencies for all product areas, except for machine made cigars, with relatively flat volumes across the categories. Total EBITDA declined mainly as a result of higher operating expenses and the negative impact from the stock reduction in the fourth quarter of 2013. Operating profit was DKK 780 million compared with DKK 943 million for the same period last year. Net profit was DKK 564 million compared with DKK 618 million for the same period last year.
Scandinavian Tobacco Group A/S Announces Consolidated Earnings Results for the Six Months Ended June 30, 2012
Jul 21 12
Scandinavian Tobacco Group A/S announced consolidated earnings results for the six months ended June 30, 2012. For the period, the company reported sales of DKK 2,891 million compared to DKK 2,637 million for the same period a year ago. EBITDA (excluding one time items) was DKK 609 million compared to DKK 574 million for the same period a year ago. EBITDA was DKK 609 million compared to DKK 549 million for the same period a year ago. Operating profit was DKK 432 million compared to DKK 376 million for the same period a year ago. Net profit for the period was DKK 295 million compared to DKK 243 million for the same period a year ago.