Swedish Match: Full Year Report January - December 2019
SWEDISH MATCH AB UNSP/ADR (SWMAY)
NASDAQ:AMEX Investor Relations:
swedishmatch.com/investors
Company Research
Source: PR Newswire
STOCKHOLM, Feb. 12, 2020 /PRNewswire/ --Record year for sales and operating profit from product segments In local currencies, sales increased by 15 percent for the fourth quarter and by 8 percent for the full year. Reported sales increased by 19 percent to 3,933 MSEK (3,301) for the fourth quarter and by 14 percent to 14,739 MSEK (12,966) for the full year. In local currencies, operating profit from product segments1) increased by 18 percent for the fourth quarter and by 13 percent for the full year. Reported operating profit from product segments increased by 22 percent to 1,525 MSEK (1,246) for the fourth quarter and by 18 percent to 5,828 MSEK (4,936) for the full year. Operating profit, which includes a non-cash impairment charge of 367 MSEK related to the European chewing tobacco business (see Note 5), amounted to 1,098 MSEK (1,196) for the fourth quarter and to 5,307 MSEK (4,812) for the full year. Profit after tax amounted to 756 MSEK
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