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Scandinavian Tobacco Group: Interim Report 1 January – 30 June 2026: Progressing with Focus2030 and Full Year 2026 Guidance maintained
Company Announcement No. 9, 26 August 2026 Interim Report 1 January – 30 June 2026: Progressing with Focus2030 and Full Year 2026 Guidance maintained Niels Frederiksen, Chief Executive Officer: “We are making solid progress with Focus2030 although we are still in the early phase of the five-year strategy period. Our core tobacco categories are stabilising with handmade cigars delivering good growth, we are expanding our nicotine pouch business and following the recently announced agreement to di
About this update from Scandinavian Tobacco Group A/s
Company Announcement No. 9, 26 August 2026 Interim Report 1 January – 30 June 2026: Progressing with Focus2030 and Full Year 2026 Guidance maintained Niels Frederiksen, Chief Executive Officer: "We are making solid progress with Focus2030 although we are still in the early phase of the five-year strategy period. Our core tobacco categories are stabilising with handmade cigars delivering good growth, we are expanding our nicotine pouch business and following the recently announced agreement to divest two fine-cut tobacco brands we expect to have restored our strategic and financial flexibility by the end of the year. These are important achievements in our ambition to build a stronger Scandinavian Tobacco Group and deliver tangible value for our shareholders." Net sales stabilising in the first half of the year Resilient profit margins Cash flow improvement versus last year Agreement to divest fine-cut tobacco brands BREAK and Moro signed in July Financial expectations for full-year 2026 maintained For the full year we continue to expect the overall market trends to remain broadly in line with recent years across most of our product categories. Reported net sales growth at constant currencies is expected to be in the range from -2% to 2%, with EBIT margin before special items in the range of 13.0%-14.5%, free cash flow before acquisitions in the range of DKK 950-1,200 million and adjusted EPS in the range of DKK 9-11. These expectations do not include any effects from the expected divestment of the brands BREAK and Moro, see Company Announcement 8/2026. Financial Summary Webcast The Group will present the First Half 2026 results at a conference call on 27 August 2026 at 10.00 CEST. Dial-in information and the presentation deck will be available at st-group.com . Contact info Torben Sand, Director of IR & Communications, phone +45 5084 7222, [email protected] . Eliza Dabbagh, IR & Communications, phone +45 2420 8812, [email protected] Attachment
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