Scandinavian Tobacco Group A/S Announces Q2 2025 Results and Confirms Full-Year Projections

Second Quarter Financial Results: Scandinavian Tobacco Group reported net sales of DKK 2.4 billion for Q2 2025, with an organic growth decline of 4%. EBITDA before special items was DKK 499 million, resulting in a margin of 21.1%.

Market Challenges and Adjustments: The company faced challenges due to tariffs, geopolitical unrest, and the discontinuation of ZYN distribution in the US, which negatively impacted organic sales growth and EBITDA margins.

Future Expectations: The financial expectations for the full year 2025 remain unchanged, with projected net sales between DKK 9.1-9.5 billion and free cash flow before acquisitions estimated at DKK 0.8-1.0 billion.

Strategic Focus: CEO Niels Frederiksen emphasized ongoing strategic priorities, including the integration of Mac Baren and stabilization in machine-rolled cigars, while also hinting at an updated strategy for the next five years to be shared later this year.