Swedish Match: Interim Report January- September 2017

STOCKHOLM, Oct. 27, 2017 /PRNewswire/ --

Highlights from the third quarter:

• Sales increased by 1 percent in local currencies. Reported sales declined by 1 percent to 4,069 MSEK (4,118) for the third quarter.
• Operating profit from product areas in local currencies increased by 2 percent. Reported operating profit from product areas ⁽¹⁾ amounted to 1,089 MSEK (1,089) for the third quarter.
• Operating profit amounted to 1,089 MSEK (2,694) for the third quarter. The previous year's third quarter included larger one-time items of 1,550 MSEK relating to a capital gain from the partial divestment of STG and an unrealized gain from revaluing Swedish Match's remaining shareholding in STG to market value.
• Profit after tax amounted to 753 MSEK (2,306 - positively affected by the larger one-time items mentioned above).
• Earnings per share excluding both larger one-time items and share of net profit in STG amounted to 4.22 SEK (3.76). Reported earnings per share amounted to 4.22 SEK (12.32) for the third quarter.

⁽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, October 27 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/

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, S
enior 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
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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 October 27, 2017.
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http://news.cision.com/swedish-match/r/interim-report-january--september-2017,c2377410

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SOURCE Swedish Match