“ DURING THE FIRST QUARTER OF 2020 , STG DELIVERED NET SALES OF DKK 1,791 MILLION , ORGANIC NET SALES GROWTH OF 5 %” high growth in Region Machine-Made Cigars of 5.2 % and in Region Smoking Tobacco & Accessories of 11.6 %.

In a press release on the company ’ s website , Niels Frederiksen , CEO of Scandinavian Tobacco Group , commented : “ In the middle of a unprecedented global pandemic with a high degree of volatility and uncertainty in most markets , we are able to present a solid result for the first three months of 2020 with net sales growth and a strong cash flow as well as we

AUGUST 2020