Scandinavian Tobacco Group A/S operates within the Cigarettes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Scandinavian Tobacco Group A/S with three other
tobacco companies in Europe:
Philip Morris CR a.s.
of the Czech Republic
sales of 11.45 billion Czech Koruny [US$544.48 million]
of which 52%
was Czech Republic),
Bulgartabac Holding AD
(381.40 million Bulgarian Lev [US$236.60 million]
Karelia Tobacco Company Inc. SA
based in Greece
(876.04 million Euro [US$1.06 billion]
of which 100%
was Cigarettes -Cigars).
During the year ended December of 2016, sales at
Scandinavian Tobacco Group A/S were 6.75 billion Danish Kroner (US$1.10 billion).
a very small
increase of 0.2%
versus 2015, when the company's sales were 6.73 billion Danish Kroner.
This was the third consecutive year of growth at Scandinavian Tobacco Group A/S.
Sales of Fine-Cut Tobacco saw an increase
that was more than double the company's growth rate: sales were up
11.8% in 2016, from
583.40 million Danish Kroner to 652.10 million Danish Kroner.
Scandinavian Tobacco Group A/S also saw significant increases in sales in
Handmade Cigars (up 6.8% to 2.07 billion Danish Kroner)
Not all segments of Scandinavian Tobacco Group A/S experienced an increase in sales in 2016:
sales of Pipe Tobacco fell 9.5% to 569.40 million Danish Kroner.
Scandinavian Tobacco Group A/S also experienced decreases in sales in
Machine-Made Cigars (down 4.0% to 2.59 billion Danish Kroner)
Other (down 2.0% to 864.00 million Danish Kroner)