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Scandinavian Tobacco Group A/S (STOGR.CO)

STOGR.CO on Copenhagen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Scandinavian Tobacco Group says board will review composition ahead of 2018 annual general meeting
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Scandinavian Tobacco Group A/S ::REG-SCANDINAVIAN TOBACCO GROUP A/S: CHANGES TO THE BOARD OF DIRECTORS AND EXECUTIVE MANAGEMENT.SAYS ‍BOARD WILL REVIEW ITS COMPOSITION AHEAD OF 2018 ANNUAL GENERAL MEETING.​.-‍BOARD HAS DECIDED TO REDUCE NUMBER OF MEMBERS OF REGISTERED EXECUTIVE MANAGEMENT FROM 4 TO 2 EFFECTIVE JANUARY 1, 2018​.  Full Article

Scandinavian Tobacco: Palmer & Harvey's Decision May Impact 2017 Adjusted EBITDA
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - SCANDINAVIAN TOBACCO GROUP A/S ::PALMER & HARVEY'S DECISION TO ENTER ADMINISTRATION MAY HAVE IMPACT ON 2017 ADJUSTED EBITDA BY UP TO DKK 30 MILLION​.FINANCIAL GUIDANCE FOR 2017 REMAINS UNCHANGED.  Full Article

Swedish Match sells stake in Scandinavian Tobacco
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Swedish Match AB :Sale of shares in Scandinavian Tobacco Group A/S.Says ‍has sold 9,069,906 shares, corresponding to its total shareholding, in Scandinavian Tobacco Group a/s​.Says ‍sale through an accelerated book building process to institutional investors at a price of DKK 109.13 per share​.Says ‍in addition, extraordinary dividend in amount of DKK 3.50 per share as announced by stg on 8 november, 2017 will accrue to seller.STG shares fall 4.9 percent 0810 GMT to DKK 110.20​ per share.  Full Article

Scandinavian Tobacco Group Q3 EBITDA up at DKK ‍388​ mln
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - SCANDINAVIAN TOBACCO GROUP A/S :Q3 NET SALES DKK ‍1.72​ BILLION VERSUS DKK 1.74 BILLION YEAR AGO.Q3 EBITDA DKK ‍388​ MILLION VERSUS DKK 328 MILLION YEAR AGO.‍SEES FY 2017 GUIDANCE UNCHANGED​.  Full Article

Scandinavian Tobacco to close down two factories
Thursday, 22 Sep 2016 

Scandinavian Tobacco Group A/S : Says accelerates optimisation and efficiency programme by 1 year . Plans to accelerate cost savings . Intends to reduce number of production sites in group from 14 to 12 . To close down factories in Nykøbing Falster, Denmark, and Wuustwezel, Belgium . Intends to achieve planned cost savings of 140 million Danish crowns ($21.07 million) annual in run rate compared to 2014 on a like-for-like basis by end of 2017 . Working capital reduction target of 500 million crowns by end of 2018 compared to end of 2014 remains unchanged . Intended close down of two factories will result in impairments costs of about 65 million crowns .Says announcement has no impact on company's financial guidance for 2016.  Full Article

Scandinavian Tobacco Group Q2 EBITDA down at DKK 366 million
Wednesday, 31 Aug 2016 

Scandinavian Tobacco Group A/S : Q2 net sales 1.70 billion Danish crowns versus 1.75 billion crowns; organic growth was -1.5 pct . Q2 EBITDA 366 million crowns versus 373 million crowns; organic growth was -2.7 pct .Guidance for 2016 unchanged - sees organic growth in net sales of 1-3 pct and organic growth in EBITDA of 3-5 pct.  Full Article

Scandinavian Tobacco Q1 EBITDA up at DKK 266 million
Wednesday, 25 May 2016 

Scandinavian Tobacco Group A/S : Q1 net sales 1.50 billion Danish crowns ($224.94 million) versus 1.48 billion crowns year ago . Q1 EBITDA 266 million crowns versus 260 million crowns year ago .Guidance for 2016 unchanged: organic growth in net sales of 1-3 pct and organic growth in EBITDA of 3-5 pct; Capital expenditure around 250 million crowns.  Full Article

Scandinavian Tobacco to pay dividend for FY 2015; maintains FY 2016 guidance
Thursday, 10 Mar 2016 

Scandinavian Tobacco Group A/S:Proposes a dividend of 5.00 Danish crowns per share‍​.Keeps FY 2016 guidance unchanged.Still sees organic growth in net sales of 1-3 pct and organic growth in adjusted EBITDA of 3-5 pct.  Full Article

Scandinavian Tobacco gets market cap of 10 bln DKK in Copenhagen IPO-Reuters
Wednesday, 10 Feb 2016 

Scandinavian Tobacco Group A/S:Has set the price in its initial public offering (IPO) at 100 Danish crowns per share, giving it a market capitalisation of 10 billion Danish crowns-Reuters.The price for shares in the cigar maker was set slightly below the middle of an initial price interval of 93 to 110 crowns per share.  Full Article

Scandinavian Tobacco Group closes IPO offering to retail investors early
Tuesday, 9 Feb 2016 

Scandinavian Tobacco Group A/S:Says ‍offering to retail investors, with orders up to and including 3 million Danish crowns will close on Feb. 9 at 12:00 CET​.Says ‍expected timetable for offering will otherwise remain unchanged and offering to investors with orders exceeding 3 million crowns will thus close on Feb. 9 at 4:00 p.m. CET.Says ‍early close of offering is due to aggregate demand from retail investors exceeding expected allocation of offer shares to this investor group​.  Full Article