Brief: Scandinavian Tobacco Group Says Full-Year Guidance Suspended

Scandinavian Tobacco A/S

19/03/2020 21:06

March 19 (Reuters) - Scandinavian Tobacco Group A/S
 STOGR.CO :
    * UNCERTAINTY AND LACK OF TRANSPARENCY DUE TO CORONA VIRUS,
FULL-YEAR GUIDANCE SUSPENDED
    * SCANDINAVIAN TOBACCO-EXPECT TO PROVIDE MORE FINANCIAL
INSIGHTS
ON IMPACT OF ACQUISITION OF AGIO CIGARS, WHEN INTEGRATION
PLANNING PERIOD IS FINALISED
    * BOARD OF DIRECTORS' PROPOSAL FOR AN ORDINARY DIVIDEND FOR
2019
OF DKK 6.10 PER SHARE REMAINS UNCHANGED
    * SCANDINAVIAN TOBACCO- DECISION TO INITIATE SHARE BUY-BACK
IN
2020 OF UP TO DKK 300 MILLION IS UNCHANGED ALTHOUGH TIMING OF
INITIATION MAY BE AFFECTED

Source text for Eikon:  ID:nGNEbf10NJ 
Further company coverage:  STOGR.CO 

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