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:
Karelia Tobacco Company Inc. SA
of GREECE
(2019
sales of 1.04 billion Euros [US$1.26 billion]
of which 100%
was Cigarettes -Cigars),
Bulgartabac Holding AD
of BULGARIA
(379.63 million Bulgarian Levas [US$236.24 million]
), and
Philip Morris CR a.s.
which is
based in CZECH REPUBLIC
(17.09 billion Czech Koruni [US$799.39 million]
of which 60%
was Czech Republic).
Sales Analysis.
During the year ended December of 2019, sales at
Scandinavian Tobacco Group A/S were 6.87 billion Danish Kroner (US$1.12 billion).
This
is
an
increase of 2.3%
versus 2018, when the company's sales were 6.72 billion Danish Kroner.
Sales of Handmade Cigars saw an increase
that was more than double the company's growth rate: sales were up
8.6% in 2019, from
2.38 billion Danish Kroner to 2.58 billion Danish Kroner.
Not all segments of Scandinavian Tobacco Group A/S experienced an increase in sales in 2019:
sales of Machine-Made Cigars fell 3.5% to 2.28 billion Danish Kroner.