Swedish Match : Half Year Report January - June 2017

STOCKHOLM, July 21, 2017 /PRNewswire/ --

Highlights from the second quarter            

• Sales increased by 8 percent to 4,214 MSEK (3,920) for the second quarter. In local currencies, sales increased by 4 percent.
• Operating profit from product areas1) increased by 8 percent to 1,091 MSEK (1,008) for the second quarter. In local currencies, operating profit from product areas increased by 4 percent.
• Operating profit amounted to 1,091 MSEK (1,061) for the second quarter.
• Profit for the period amounted to 812 MSEK (752) for the second quarter.
• Earnings per share amounted to 4.49 SEK (4.01) for the second quarter. Earnings per share excluding a dividend from STG in 2017 and share of net profit in STG in 2016 amounted to 4.18 SEK (3.72).
• The outlook has been updated based on the developments during the first six months.

1) Operating profit for Swedish Match product areas, which excludes larger one-time items and share of net profit in STG.

For the full report: www.swedishmatch.com/Investors/Financial-reports/Interim-reports/

Swedish Match telephone conference

A telephone conference will be held today, Friday, July 21 at 2:00 p.m. (CET), (1:00 p.m. UK time). At this time we will review and comment on the results. Participants will include Lars Dahlgren, Marlene Forsell, and Emmett Harrison.

Listen to the telephone conference: www.swedishmatch.com/Investors/Presentations/Webcasts-and-audiocasts/

Telephone conference presentation: www.swedishmatch.com/Investors/Presentations/

Replay will be available for 30 days at the link above as well as on telephone number:
UK replay number: +44-20-7031-4064, access code: 961397
US replay number: +1-888-365-0240, access code: 961397
Swedish replay number: +46-8-505-203-33, access code: 961397

Contacts:

Lars Dahlgren
President and Chief Executive Officer
Office: +46-8-658-0441

Marlene Forsell
Senior Vice President and Chief Financial Officer
Office: +46-8-658-0489

Emmett Harrison
Senior Vice President Investor Relations and Corporate Sustainability
Office: +46-8-658-0173

Richard Flaherty
President US Division
US Investor Relations contact
Office: +1-804-787-5130

This information is information that Swedish Match AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 08.15 a.m. CET on July 21, 2017.

This information was brought to you by Cision http://news.cision.com
http://news.cision.com/swedish-match/r/half-year-report-january---june-2017,c2315098

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SOURCE Swedish Match