Brief: Scandinavian Tobacco Group Reports Q2 Net Sales DKK 2,156 Mln Vs DKK 2,097 Mln

Scandinavian Tobacco A/S

19/08/2021 17:49

Aug 19 (Reuters) - Scandinavian Tobacco Group A/S
 STOGR.CO :
    * REG-SCANDINAVIAN TOBACCO GROUP A/S REPORTS STRONG Q2
RESULTS AND
RAISES FULL YEAR GUIDANCE
    * Q2 NET SALES WERE DKK 2,156 MILLION (Q2 2020: DKK 2,097
MILLION)
WITH 7.5% ORGANIC GROWTH
    * QTRLY ADJUSTED EARNINGS PER SHARE (EPS) WERE DKK 4.1
    * Q2 EBITDA BEFORE SPECIAL ITEMS WAS DKK 606 MILLION (DKK
489
MILLION) WITH 20.8% ORGANIC GROWTH
    * SEES FY EBITDA: ORGANIC GROWTH IN RANGE OF 16%-20% (FROM
12%-18%)
    * SEES ADJUSTED EARNINGS PER SHARE OF >35% INCREASE (FROM
>25%
INCREASE)  FOR FY 2021
    * SEES FY 2021 FREE CASH FLOW BEFORE ACQUISITIONS IN RANGE
OF DKK
1.0-1.3 BILLION

Source text for Eikon:  ID:nGNESb3yj 
Further company coverage:  STOGR.CO 

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