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 CZECH REPUBLIC
(2019
sales of 17.09 billion Czech Koruni [US$768.63 million]
of which 60%
was Czech Republic),
Karelia Tobacco Company Inc. SA
of GREECE
(1.04 billion Euros [US$1.23 billion]
of which 100%
was Cigarettes -Cigars), and
Scandinavian Tobacco Group A/S
which is
based in DENMARK
(6.87 billion Danish Kroner [US$1.09 billion]
of which 38%
was Handmade cigars).
Sales Analysis.
Swedish Match AB reported sales of SEK 14.74 billion (US$1.71 billion)
for the
year ending
December of 2019.
This
represents
an
increase of 13.7%
versus 2018, when the company's sales were SEK 12.97 billion.
Despite this increase, sales are still
below the level achieved in 2017, when Swedish Match AB
reported sales of SEK 16.10 billion.
Sales of Snus and Moist Snuff saw an increase
of
22.1% in 2019, from
SEK 6.13 billion to SEK 7.48 billion.
Not all segments of Swedish Match AB experienced an increase in sales in 2019:
sales of Lights fell 3.7% to SEK 1.20 billion.