Releases - Swedish Match

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US Federal Court lets stand FTC ruling

12/15/2000 9:10 AM EST
US Federal Court Lets Stand FTC Ruling

The US Federal District Court has granted the FTC´s motion for a
preliminary injunction, thereby preventing Swedish Match from proceeding
with the closing of its proposed transaction to buy the smokeless tobacco
brands and certain other assets of National Tobacco Company, L.P.

The company is currently reviewing the Court's opinion and is...

Swedish Match to build new snus plant in Kungälv, Sweden

12/14/2000 6:06 AM EST
Swedish Match has purchased a site near Kungälv, Sweden, from Kungälv municipality. Now the company is applying for a building permit for a new snus plant using the company's proprietary GothiaTek process technology. The new plant, which is one of the largest industrial investments of the year in western Sweden, is scheduled to commence full operation in 2003 and provide work for as many as 120 persons. The total...

Extraordinary shareholders meeting of Swedish Match approves share buyback manda...

10/27/2000 10:05 AM EST
Extraordinary shareholders meeting of Swedish Match approves share buyback
mandate

At an extraordinary shareholders meeting of Swedish Match today a decision
was made reduce the share capital by 41.640.504 SEK by canceling
17,350,210 repurchased shares, equivalent to 4.3 per cent of the number of
shares of Swedish Match.

It was further decided that the...

Extraordinary shareholders meeting of Swedish Match approves share buyback

10/27/2000 6:06 AM EST
At an extraordinary shareholders meeting of Swedish Match today a decision was made reduce the share capital by 41.640.504 SEK by canceling 17,350,210 repurchased shares, equivalent to 4.3 per cent of the number of shares of Swedish Match.

It was further decided that the authorization, which was granted the Board at the ordinary shareholders’ meeting, to repurchase shares to the extent that the company holds at...

Interim Report January-September 2000

10/26/2000 7:33 AM EST
Interim Report January - September 2000

* Sales increased 22 percent to 8,337 MSEK (6,858)
* Operating income, before items affecting comparability, increased
7 percent to 1,386 MSEK (1,291)
* EBITDA, before items affecting comparability, increased 14
percent to 1,785 MSEK (1,563)
* Operating income for the third quarter, before items affecting
comparability,...

Swedish Match Board of Directors Calls for Extraordinary Shareholders Meeting

9/26/2000 4:45 AM EST
Swedish Match Board of Directors Calls for Extraordinary Shareholders
Meeting

17.4 Million Shares Repurchased by Company are Proposed to Be Cancelled

Requesting Authorization to Repurchase an Additional Maximum of 10 per
cent of the shares of the Company

At an extra meeting with the Board of Directors today, the Board of
Swedish Match has decided to call an...

Swedish Match announces Snus capacity investment of approximately 500 MSEK in Sw...

9/19/2000 1:03 PM EST
Swedish Match announces Snus capacity investment of approximately 500 MSEK in
Sweden

Swedish Match has decided to build a new factory for the production of snus
(Swedish moist snuff) in the Gothenburg area on the Swedish West coast.

The total investment for land, building, machinery and related costs is
estimated to approximately 500 MSEK over three years.

Over the...

Swedish Match acquires additional 22% in WIMCO Ltd in India

7/31/2000 8:30 AM EST
Swedish Match acquires additional 22 percent in Wimco Ltd in India

Swedish Match has today signed an agreement to acquire 22 percent of the
shares in Wimco Ltd from the Jatia family. After the acquisition Swedish Match
will own 74 percent of the equity in the company.
rd
The transaction is expected to close during the 3 quarter,...

Swedish Match Interim Report January - June 2000

7/25/2000 4:23 AM EST
Interim Report
January - June 2000


* Sales increased 19 percent to 5,265 MSEK (4,440)
* EBITDA increased 6 percent to 1,134 MSEK (1,066)
* Operating income increased to 886 MSEK (884)
* Operating income, excluding divested business, increased
41 percent
* Operating income in the second quarter increased to 471 MSEK
(444)
* 1,045 MSEK transferred to...

Swedish Match and Gum Tech Intl finalize joint venture agreement

7/6/2000 9:43 AM EST
SWEDISH MATCH AND GUM TECH INTERNATIONAL FINALIZE JOINT VENTURE AGREEMENT

Swedish Match AB and Gum Tech International, Inc. today announced the
execution of definitive agreements for a joint venture for the purpose of
developing, manufacturing, marketing and distributing non-tobacco nicotine
products worldwide.

The terms of the Joint Venture Agreement provide for the creation of...

Swedish Match

Swedish Match develops, manufactures and sells market-leading brands in the product areas Snus and snuff, Other tobacco products (US mass market cigars and chewing tobacco), and Lights (matches and lighters).

The Group se...

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  CONTACT  
Emmett Harrison
  • Emmett Harrison
  • Senior Vice President Corporate Communications and Sustainability
  • +46-70-9380173
  • +46-8-6580173
  •