Brief: Scandinavian Tobacco Group A/S Reports Q1 Adjusted EPS DKK 3.6

Scandinavian Tobacco A/S

19/05/2022 17:19

May 19 (Reuters) - Scandinavian Tobacco Group A/S
 STOGR.CO :
    * REG-SCANDINAVIAN TOBACCO GROUP A/S REPORTS Q1 RESULTS,
MAINTAINS
GUIDANCE FOR 2022 AND PRESENTS REVISED SUSTAINABILITY STRATEGY
    * SAYS GUIDANCE FOR FULL YEAR OF AN ORGANIC EBITDA GROWTH IN
RANGE
OF 0-6% IS MAINTAINED
    * QTRLY NET SALES WERE DKK 1,938 MILLION (DKK 1,883 MILLION)
WITH
-1.7% ORGANIC GROWTH
    * SAYS CURRENT SHARE BUY-BACK PROGRAMME IS INCREASED BY DKK
300
MILLION TO REACH UP TO DKK 1,000 MILLION
    * QTRLY ADJUSTED EARNINGS PER SHARE (EPS) WERE DKK 3.6
    * SCANDINAVIAN TOBACCO GROUP-FOR Q2 STILL EXPECT ORGANIC NET
SALES,ORGANIC EBITDA GROWTH TO BE NEGATIVE;EXPECT GROWTH TO
RESUME IN SECOND HALF OF YEAR
    * FY2022 EARNINGS PER SHARE VIEW DKK 17.10, REVENUE VIEW DKK
8.57
BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNE8NR1lX 
Further company coverage:  STOGR.CO 

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