Releases - Swedish Match

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2008

 

Found press releases

 

Swedish Match welcomes an important step to normalize trade in the EU

11/28/2008 4:01 AM EST
Swedish Match welcomes the government’s decision today to start a process aimed at ultimately lifting the ban on the export of Swedish snus to consumers within the European Union.
“The government’s move is an important first step towards the normalization of Sweden’s trade relationship with the rest of the E.U. Swedish Match looks forward to the current ban being replaced by clear product regulation that would...

Interim Report January – September 2008

10/29/2008 3:00 AM EST
• Net sales for the third quarter increased to 3,432 MSEK (3,272) • In local currencies, net sales were 8 percent above the third quarter of 2007 • Operating profit for the third quarter increased to 864 MSEK (759) • EPS (basic) for the third quarter increased by 39 percent to 2.63 SEK (1.89) • We maintain our outlook for 2008 with improved sales and underlying operating profit for the Group compared to 2007....

Half Year Report January – June 2008

7/18/2008 2:00 AM EST
• Net sales for the second quarter increased to 3,284 MSEK (3,090) • In local currencies, net sales were 12 percent above the same quarter of last year • Operating profit for the second quarter increased to 733 MSEK (642) • EPS for the second quarter increased by 22 percent to 2.02 SEK (1.66) • We maintain our outlook for 2008 with improving sales and underlying operating profit for the Group compared to 2007....

General Cigar prevails in trademark infringement and counterfeiting suit relatin...

7/11/2008 6:26 AM EST
Richmond, VA — General Cigar Co. Inc. announced today that the United States District Court for the District of Nevada has ruled in its favor, granting its motion for summary judgment, awarding damages and permanently prohibiting the import, marketing, distribution and sale of infringing “COHIBA Caribbean’s Finest” cigars and rum.
General Cigar prevailed on its claims which held the defendants liable for...

Swedish Match cancellation of treasury shares

5/30/2008 2:00 AM EST
In accordance with the resolution at the Annual General Meeting, Swedish Match has on 14 May 2008 decreased the Company’s share capital by 17,506,310.89 SEK through cancellation of 12,000,000 treasury shares and has through a bonus issue increased the share capital with the equivalent amount without issuing new shares.

After the cancellation of treasury shares, the Company’s treasury shares amount to 2,680,425....
Lars Dahlgren
 

Swedish Match AB appoints new CEO and CFO

5/13/2008 2:00 AM EST
The Swedish Match Board of Directors has today appointed Lars Dahlgren, 37, as the new President and CEO of the Swedish Match Group effective June 1, 2008.
Lars Dahlgren joined Swedish Match in 1996 and has held several management positions within the Group, in Sweden as well as internationally. Lars Dahlgren was appointed CFO and Senior Vice President of Swedish Match in 2004. Lars Dahlgren holds a Master of...

Interim Report January – March 2008

4/25/2008 2:00 AM EST
• Net sales for the first quarter amounted to 2,818 MSEK (2,663) • In local currencies, net sales for the first quarter increased by 10 percent • Operating profit for the first quarter amounted to 543 MSEK (534) • Net profit for the first quarter amounted to 341 MSEK (332) • EPS for the first quarter amounted to 1.34 SEK (1.23) • Significantly improved profitability in the Scandinavian snus business compared...

Swedish Match AB invests in new production capacity in Sweden

4/24/2008 9:50 AM EST
In the introduction, the correct investment amount is MSEK 265. Swedish Match AB today announces an additional investment in its Kungälv snus production plant in Sweden. The investment of MSEK 265 is in response to the strong demand for snus in the portion packed format. The Kungälv plant is specialized in the Swedish Match unique “White Production Technology”, a white, dry portion packed snus with both regular...

Extreme makeover” of snus can

4/24/2008 6:30 AM EST
The Nick & Johnny snus is being launched in two new flavors, East and West, in an entirely new can. The product is aimed at adult male snus users – or smokers who regard snus as an alternative to smoking – and for the first time since 1967, the can is not traditionally round, but rectangular. The inspiration for the can comes from the hood of old American sport cars.
When the round can was introduced, it was a...

Swedish Match Annual General Meeting 2008

4/22/2008 3:00 PM EST
Major items approved by today’s Annual General Meeting include:

• Dividend of 3.50 SEK per share
• Election of Karen Guerra to the Board
• Mandate to repurchase up to 10 percent of the shares in the Company
• Withdrawal of 12 million shares repurchased by the Company
• Re-election of KPMG Bohlins AB as auditor
At the Annual General Meeting of Swedish Match on 22 April, it was resolved in accordance with...

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