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Scandinavian Tobacco Group reports steady Q1 with stable sales and maintained 2026 outlook

Company Fundamentals
20 May 2026
GlobeNewsWire
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Neutral
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Scandinavian Tobacco Group reported steady progress in Q1 2026, marking the start of its new five-year strategy, Focus2030. Net sales were DKK 1.9 billion, slightly down due to currency effects and delivery timing, but core brands helped stabilize market share, especially in machine-rolled cigars and handmade cigars which grew organically by 8%. Profit margins remained stable with an EBIT margin of 10.4%, and free cash flow was positive at DKK 158 million. The company maintained its full-year 2026 financial outlook, expecting net sales growth between -2% and 2%, EBIT margin before special items between 13.0% and 14.5%, and free cash flow before acquisitions between DKK 950 million and 1,200 million.

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