Brief: Scandinavian Tobacco Group Reports Q1 EPS Of DKK 3.4

Scandinavian Tobacco A/S

05/05/2021 16:23

May 5 (Reuters) - Scandinavian Tobacco Group A/S  STOGR.CO :
    * REPORTS STRONG Q1 RESULTS AND RAISES FULL YEAR GUIDANCE
    * QTRLY ADJUSTED EARNINGS PER SHARE (EPS) WERE DKK 3.4 (DKK
1.6)
    * QTRLY NET SALES WERE DKK 1,883 MILLION (DKK 1,756 MILLION)
WITH
12.5% ORGANIC GROWTH
    * QTRLY EBITDA BEFORE SPECIAL ITEMS WAS DKK 527 MILLION (DKK
326
MILLION) WITH 49.1% ORGANIC GROWTH
    * SCANDINAVIAN TOBACCO GROUP- INTEGRATION OF AGIO CIGARS
RUNNING
AHEAD OF SCHEDULE AND NOW EXPECTED TO DELIVER ABOUT DKK 100
MILLION IN SYNERGIES FOR YEAR
    * INTEGRATION OF AGIO CIGARS NOW EXPECTED TO DELIVER ABOU
DKK 250
MILLION RUN-RATE BY END OF 2022
    * SEES 2021 EBITDA: ORGANIC GROWTH IN THE RANGE OF 12%-18%
    * SEES 2021 ADJUSTED EARNINGS PER SHARE >25% INCREASE

Source text for Eikon:  ID:nGNE182zhB 
Further company coverage:  STOGR.CO 

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