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Swedish Match AB (SWMA.ST)

SWMA.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Swedish Match says intends to sell its total shareholding in Scandinavian Tobacco Group A/S
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Swedish Match AB -:Swedish Match announces intention to sell its total shareholding in Scandinavian Tobacco Group A/S.Unit Swedish Match treasury Switzerland retained Deutsche Bank to explore selling its total shareholding in Scandinavian Tobacco Group​.‍Price per share will be determined through an accelerated book building process to institutional investors​.‍Deutsche bank is acting as bookrunner in connection with placing​.  Full Article

Swedish Match CEO: sees renewed US moist snuff volumes going forward
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Swedish Match CEO Lars Dahlgren in conference call with analysts and media: :says expects moist snuff volumes in the us to grow again going forward following decline in q3 versus previous quarter.  Full Article

Swedish Match Q3 operating profit beats forecasts​
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Swedish Match :Q3 ‍sales increased by 1 percent in local currencies. Reported sales declined by 1 percent to 4,069 mln SEK (4,118)​.Reported operating profit from product areas amounted to 1,089 mln SEK (1,089) for Q3​.Q3 snus and snuff operating margin 45.2 percent versus Reuters poll forecast 43.6 percent.Reuters poll: Swedish Match Q3 operating profit from product areas was seen at 1,055 million SEK, net sales at 4,123 million.Says for 2017, on a full year basis, we expect Scandinavian snus as well as us moist snuff consumption to grow as measured in number of cans. In Scandinavia, we expect the growth to be more modest than in 2016‍​.Says we expect the level of competitive activity in the Scandinavian snus market to continue to be high 2017.Says for cigars in the US, Swedish Match expects the market to continue to grow during the remainder of 2017 but to remain highly competitive.Says continues to have the ambition to grow cigar volumes but note that the second half of 2016 was strong for cigar shipments.Says the operating loss for snus and nicotine pouches outside Scandinavia is now expected to be lower than in 2016.  Full Article

Swedish Match acquires Denmark's V2 Tobacco
Friday, 1 Sep 2017 

Sept 1 (Reuters) - Swedish Match AB :Swedish match acquires V2 Tobacco.Says annual turnover of acquired co in range of 160 MSEK, and has approximately 60 employees (FTE).Says details of purchase price have not been disclosed.  Full Article

Swedish Match CEO sees natural leafs boosting US cigar market share 2017
Monday, 8 May 2017 

May 8 (Reuters) - Swedish Match Ab :Swedish match ceo says believes will take us cigar market share in 2017 helped by natural leafs segment.Swedish match ceo says nothing indicates the rate of growth in the swedish snus market will continue to slow.Swedish match ceo says will hand in amendment to company's modified risk application to the us fda, could take a couple of years before receives a new fda decision.  Full Article

Swedish Match says to sell about 10 of shares in Scandinavian Tobacco Group
Tuesday, 6 Sep 2016 

Swedish Match AB : Swedish Match announces intention to place a portion of its shares of Scandinavian Tobacco Group A/S . Says to explore opportunity to sell approximately 10 percent of total share capital of Scandinavian Tobacco Group A/S . Says price per share will be determined through an accelerated bookbuilding process to institutional investors .Says bookbuilding period commences today, 6 Sept.  Full Article

Swedish Match sees higher loss from snus outside Scandinavia in H2 vs H1
Friday, 22 Jul 2016 

Swedish Match CEO Lars Dahlgren, to Reuters : CEO says expects slightly higher operating loss from snus outside Scandinavia in H2 versus H1 but sees full year loss still below year-ago level . Says marketing costs big part of operating loss for snus outside Scandinavia Further company coverage: [SWMA.ST] (Reporting by Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46-)(0)(8-700 10 17;)).  Full Article

Swedish Match Q2 core profit tops forecast, outlook broadly unchanged
Friday, 22 Jul 2016 

Swedish Match AB : Q2 operating profit from product areas increased by 8 percent to 1,008 million Swedish crowns ($117 million) . Q2 sales increased by 8 percent to 3,920 MSEK . Reuters poll: Swedish match Q2 operating profit from product areas was seen at 977 million sek, sales at 3,729 million sek . Q2 snus and snuff margin 41.7 pct vs forecast 41.8 pct and year-ago 40.5 pct . Says outlook has been updated based on developments during first six months, but remains broadly same as previous outlook for full year . Says for 2016, on a full year basis, we expect scandinavian snus as well as us moist snuff consumption to grow as measured in number of cans . Says for cigars in the US, swedish match expects the market to continue to grow in 2016 but to remain highly competitive . Says we expect the competitive activity level in the scandinavian snus market to continue to remain high for the remainder of the year . Says for the second half of this year, we expect a continued strong development for other tobacco products, particularly in the third quarter . Says for snus and moist snuff we do not expect the same tailwind from calendar effects in the second half and we also expect the market growth in scandinavia to moderate somewhat . Says working hard to defend its market shares for snus in scandinavia and for moist snuff in the us. . Says in Scandinavia, we expect the market to continue to grow during H2 albeit at a more modest rate compared to H1.  Full Article

Swedish Match owns 31.1 pct in STG after overallotment option partly exercised
Friday, 11 Mar 2016 

Swedish Match AB:Says Scandinavia Tobacco Group (STG) has announced that part of the overallotment option in connection with the its IPO has been exercised.Says ‍after this exercise, Swedish Match will hold 31.1 percent of STG​.  Full Article

BRIEF-Swedish Match appoints Tom Hayes as new CFO

* SAYS ‍MARLENE FORSELL HAS DECIDED TO RESIGN AS CHIEF FINANCIAL OFFICER FOR FAMILY REASONS​