Swedish Match AB operates in the Chewing and smoking tobacco sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Swedish Match AB with three other
tobacco companies in Europe:
Philip Morris CR a.s.
of the Czech Republic
(2018
sales of 14.08 billion Czech Koruny [US$620.88 million]
of which 57%
was Czech Republic),
Karelia Tobacco Company Inc. SA
of Greece
(961.12 million Euro [US$1.07 billion]
of which 100%
was Cigarettes -Cigars), and
Scandinavian Tobacco Group A/S
which is
based in Denmark
(6.72 billion Danish Kroner [US$997.08 million]
of which 35%
was Handmade cigars).
Sales Analysis.
Swedish Match AB reported sales of SEK 12.97 billion (US$1.36 billion)
for the
year ending
December of 2018.
This
represents
a
decrease of 19.5%
versus 2017, when the company's sales were SEK 16.10 billion.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Swedish Match AB had sales
of SEK 12.61 billion.
Contributing to the drop in overall sales was the 92.5% decline
in Other Operation, from SEK 4.69 billion to SEK 353.00 million.
There were also decreases in sales in
Lights (down 3.5% to SEK 1.25 billion)
.
However, these declines were partially offset by the increase in sales of
Snus and Moist Snuff (up 11.7% to SEK 6.13 billion)
and
Other Tobacco Products (up 13.1% to SEK 5.24 billion)
.