Releases - Swedish Match

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2004

 

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Swedish Match comments on IARC press release

11/22/2004 9:50 AM EST
We understand that many public health groups have in the past taken the position that the only way to reduce tobacco harm is tobacco abstinence. That view certainly deserves consideration. It is repeated in the IARC press release of November 16. However, we believe that the public, especially cigarette smokers, should be given the full facts about the comparative risk data on Swedish snus so they can make an...

Interim Report January – September 2004

10/26/2004 5:10 AM EST
• Sales in Swedish crowns increased by 1%, to 9,797 MSEK (9,692). In local currencies, sales were up 4%

• Operating income excluding item affecting comparability amounted to 1,628 MSEK (1,693)

• Items affecting comparability amounted to 1,281 MSEK (0) and include a gain from UST settlement of 1,521 MSEK as well as impairment charges and provisions in match operations of 240 MSEK

• Net profit, including...

Interim Report January – September 2004

10/26/2004 5:10 AM EST
• Sales in Swedish crowns increased by 1%, to 9,797 MSEK (9,692). In local currencies, sales were up 4%

• Operating income excluding item affecting comparability amounted to 1,628 MSEK (1,693)

• Items affecting comparability amounted to 1,281 MSEK (0) and include a gain from UST settlement of 1,521 MSEK as well as impairment charges and provisions in match operations of 240 MSEK

• Net profit, including...

Swedish Match to terminate its ADR program and to delist from the NASDAQ Nationa...

9/19/2004 3:14 AM EST
Today the Board of Directors of Swedish Match decided to terminate its ADR program and to delist from the NASDAQ National Market. The termination does not influence the listing on the Swedish Stock Exchange, Stockholmsbörsen (OMX), where Swedish Match shares will continue to be listed. The trading in Swedish Match ADRs on NASDAQ will stop on the day when the termination of the ADR program becomes effective, which...

Advocat General opinion that Snus Ban should remain pending amended directive

9/7/2004 5:35 AM EST
Swedish Match learned today that the Advocat General appointed by the European Court of Justice (ECJ) has given its opinion to the ECJ that it should maintain the current EU ban (with the exception of Sweden) on the sales and distribution of snus and other oral tobaccos not intended to be chewed, pending an amended directive with a provision based on proper reasoning for the ban. The Court will form its final...

The Advocate General of the ECJ to give his opinion today on the EU ban on snus

9/7/2004 3:19 AM EST
Today the Advocate General of the European Court of Justice, the ECJ, is expected to give his opinion regarding the European snus ban. The suggestion of the Advocate General is possibly indicative but not binding to the Court, who consequently very well can reach a different conclusion. The Court’s ruling is expected within another few months.



Swedish Match AB (publ), SE-118 85 Stockholm
Visiting address:...

U. S. Court of appeals upholds judgment for Swedish Match North America/The Pink...

9/2/2004 9:45 AM EST
On July 30, 2004, in the smokeless tobacco product liability case known as the Tuttle case, the United States Court of Appeals for the Eighth Circuit upheld the March, 2003 judgment of the United States District Court in Minnesota that had dismissed all claims against the smokeless tobacco manufacturers including a Swedish Match AB’s North American subsidiary, The Pinkerton Tobacco Company. Plaintiff had claimed...

India Supreme Court Upholds SEBI Ruling

8/26/2004 8:18 PM EST
Today the Supreme Court in India upheld the ruling by The Securities and Exchange Board of India (SEBI) that Swedish Match AB and certain of its subsidiaries make a public offer to acquire 20 percent of the shares outstanding in Wimco Ltd, an Indian match company publicly traded on the Indian Stock Exchange. In accordance with the ruling, the price per share shall be not less than 35 INR plus interest.

As a...

Interim Report January – June 2004

7/21/2004 5:20 AM EST
·Sales in Swedish crowns increased by 2% and amounted to 6,377 MSEK
(6,280). In local currencies, sales were up 5%

·Operating income excluding item affecting comparability amounted to
988 MSEK (1,069) after a restructuring charge of 160 MSEK

·A gain from the UST settlement of 1,521 MSEK is reported as an item
affecting comparability, including 104 MSEK in the second quarter

·Net profit for the period...

Appointments in Swedish Match

6/23/2004 7:48 AM EST
Lars Dahlgren appointed CFO

Lars Dahlgren, Acting Chief Financial Officer, has been appointed Chief Financial Officer and Senior Vice President of Swedish Match effective July 1, 2004. He is a member of Group Management and reports to Sven Hindrikes, President and CEO of Swedish Match.

Lars Dahlgren joined Swedish Match in 1996. He has a broad managerial experience from various international...

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
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