Brief: Scandinavian Tobacco Group A/S raises its full year guidance

Scandinavian Tobacco A/S

18/12/2020 17:07

Dec 18 (Reuters) - Scandinavian Tobacco Group A/S
 STOGR.CO :
    * REG-SCANDINAVIAN TOBACCO GROUP A/S RAISES ITS FULL YEAR
GUIDANCE
    * JANUARY-NOVEMBER 2020, ORGANIC GROWTH IN NET SALES IS 7%
FOR
GROUP AND HIGHER THAN PREVIOUSLY EXPECTED
    * FY 2020  EBITDA: ORGANIC GROWTH >13%
    * SCANDINAVIAN TOBACCO -CHANGES IN CONSUMER
BEHAVIOUR,INCREASED
DEMAND FOR HANDMADE CIGARS IN LIGHT OF COVID-19 IMPACT LIKELY TO
CONTINUE INTO NEXT YEAR
    * GROUP'S FY 2020 FREE CASH FLOW BEFORE ACQUISITIONS: >DKK
1,250
MILLION (PREVIOUSLY: >DKK 1,000 MILLION)

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 ((Reuters.Briefs@thomsonreuters.com;))