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Scandinavian Tobacco Group AS (SNDVF) navigates a mixed quarter with strong handmade cigar performance and a major divestment, while facing headwinds in machine-rolled cigars and nicotine pouches.
Company Announcement No. 9, 26 August 2026 Interim Report 1 January – 30 June 2026: Progressing with Focus2030 and Full Year 2026 Guidance maintained Niels Frederiksen, Chief Executive Officer: “We are making solid progress with Focus2030 although we are still in the early phase of the five-year strategy period. Our core tobacco categories are stabilising with handmade cigars delivering good growth, we are expanding our nicotine pouch business and following the recently announced agreement to di
Company Announcement No. 8, 22 July 2026 Scandinavian Tobacco Group A/S signs agreement to divest two fine-cut tobacco brands Scandinavian Tobacco Group A/S (“STG”) has today signed an asset purchase agreement for the divestment of the fine-cut tobacco brands BREAK and Moro to Japan Tobacco Inc. (“JT”). The transaction is valued at EUR 176 million, corresponding to a pretax Enterprise Value of approximately DKK 1.3 billion. The post tax transaction value is estimated at approximately DKK 1.0 bil
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