Releases - Swedish Match

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2003

 

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Breakthrough in the European Snus issue

In its decision the Court decided to stay the initiated proceedings and that a preliminary ruling from the European Court of Justice in accordance with the procedure laid down in Art 234 of the EC Treaty should be sought concerning the following question: Is Art. 8 of Directive 2001/73/EC in accordance with imperative law of the European Community? This provision contains the prohibition of certain tobacco products...

Swedish Match announces new prices on moist snuff, for sale in the US

Swedish Match AB announced today that Swedish Match North America has
increased wholesale prices on its moist snuff, effective November 17,
2003. The new wholesale list price for Timber Wolf will be $1.87 per
can, and for Renegades $2.81 per can. Longhorn wholesale list price is
unchanged at $1.71 per can.

Swedish Match is a unique company with its range of market-leading
brands...

Swedish Match announces new prices on moist snuff, for sale in the US

Swedish Match AB announced today that Swedish Match North America has increased wholesale prices on its moist snuff, effective November 17, 2003. The new wholesale list price for Timber Wolf will be $1.87 per can, and for Renegades $2.81 per can. Longhorn wholesale list price is unchanged at $1.71 per can.


Swedish Match AB (publ), SE-118 85 Stockholm

Visiting address: Rosenlundsgatan 36, Telephone: + 46 8...

Interim Report January - September 2003

Interim Report
January - September 2003

· Sales declined by 6% and reached 9,692 MSEK (10,317)
· Sales were up 2% in local currencies
· Operating income declined to 1,693 MSEK (1,797) or by 6%
· Currency translation impact from subsidiaries reduced operating
income by 171 MSEK, or 10%
· Net profit increased by 17% and amounted to 1,228 MSEK (1,050)
· EPS increased by...

Interim Report January - September 2003

- Sales declined by 6% and reached 9,692 MSEK (10,317) - Sales were up 2% in local currencies - Operating income declined to 1,693 MSEK (1,797) or by 6% - Currency translation impact from subsidiaries reduced operating income by 171 MSEK, or 10% - Net profit increased by 17% and amounted to 1,228 MSEK (1,050) - EPS increased by 22% and was 3.68 SEK (3.01)

World-first snus factory opens in Kungälv

The new Swedish Match snus factory in Kungälv opens today. The factory is the only one of its kind and is currently the world's most advanced snus-manufacturing facility. The opening will be the symbolic culmination of twenty years' applied research and development work that has transformed snus from a poor man's luxury into a socially accepted tobacco alternative for a well-educated middle class.

Interim Report January - June 2003

Interim Report
January - June 2003


·Sales declined by 8% and reached 6,280 MSEK (6,850)

·Sales were up 1% in local currencies

·Snuff volumes up 5%

·Operating income declined to 1,069 MSEK (1,245) or by 14%

·Currency translation impact reduced operating income by 130 MSEK, or 10%

·EPS increased by 21% and was 2.52 SEK (2.09)

Interim Report January - June 2003

- Sales declined by 8% and reached 6,280 MSEK (6,850) - Sales were up 1% in local currencies - Snuff volumes up 5% - Operating income declined to 1,069 MSEK (1,245) or by 14% - Currency translation impact reduced operating income by 130 MSEK, or 10% - EPS increased by 21% and was 2.52 SEK (2.09) - Total shares outstanding as of June 30, 2003 was 331.2 million (348.3)

Swedish Match shareholders approve dividend hike to 1.60 SEK

Major items approved by today's Annual General Meeting include:
- Dividend will increase from 1.45 SEK/share to 1.60 SEK

- Election of Marianne Nilsson and Staffan Grefbäck to the Nominating Committee

- 10 Million shares repurchased by the Company are authorized to be withdrawn

- Mandate to repurchase up to 10 percent of all shares in the Company prolonged

At the Annual General Meeting of Swedish...

Interim Report January - March 2003

Interim Report
January - March 2003

· Sales reached 3,006 MSEK (3,317)
· Sales were flat in local currencies
· Continued volume growth for snuff
· Operating income declined to 516 MSEK (605) or by 15 percent
· Currency impact reduced operating income by 64 MSEK, or 11
percent
· EPS was 0.99 SEK (1.02)
· Total...

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
  •