493 have revealed the plans for creating significant value with the integration of Agio Cigars . During these uniquely challenging times , I have been encouraged by the resilience of our business and by the dedication of our employees in keeping our business running and delivering on our promise to our consumers and customers .
“ Scandinavian Tobacco Group entered the COVID-19 crisis from a position of strength , and we will remain in good financial health even though we expect a negative impact from the COVID-19 crisis on our business in 2020 . To ensure the continued strength of our underlying business we have reinforced our emphasis on costs and strengthened our focus on cash and liquidity .”
With the goal of being the undisputed leader in a declining market , STG has put itself in a position to remain a major force in cigars and tobacco and grow organically or through mergers and acquisitions . Through its “ Fueling the Growth ” campaign , an emphasis was
businesschief . eu