Scandinavian Tobacco Group A/S reports Q2 results (OTCMKTS:SNDVF)

Written by Emily J. Thompson, Senior Investment Analyst

Source: SeekingAlpha

Updated: Aug 23 2024

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Source: SeekingAlpha

Financial Performance: Scandinavian Tobacco Group A/S reported Q2 net sales of DKK 2,366 million and adjusted earnings per share of DKK 4.1, with financial guidance for 2024 remaining unchanged.
Future Projections: The company anticipates net sales between DKK 8.8-9.1 billion, an EBITDA margin of 22%-24%, and free cash flow before acquisitions in the range of DKK 0.8-1.0 billion, with adjusted EPS expected to be between DKK 12.5-14.5.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Scandinavian Tobacco Group A/S reports Q2 results (OTCMKTS:SNDVF)

About the author

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