Skip to main content

Day: August 21, 2022

Scandinavian Tobacco Group reports key financial data for the second quarter 2022 and revises full-year guidance

Written by Customer Service on . Posted in Public Companies.

Company Announcement No. 51/2022  Copenhagen, 21 Aug 2022 Scandinavian Tobacco Group reports key financial data for the second quarter 2022 and revises full-year guidance    For the second quarter 2022, Scandinavian Tobacco Group delivered net sales of DKK 2,278 million and EBITDA before special items of DKK 544 million. Organic net sales growth was negative by 1.8% and organic EBITDA growth was negative by 14.6%. Free cash flow before acquisitions was DKK 143 million and adjusted earnings per share were DKK 3.6. Despite comparing to an exceptionally strong growth in the past two years, the performance is disappointing and below our expectation for the quarter. The guidance for free cash flow before acquisitions is maintained at DKK 1.1-1.4 billion and the guidance for adjusted EPS is maintained at >5%. The guidance for organic EBITDA...

Continue reading

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.