SWMAY News and Press, Swedish Match AB ADR From 07/28/22

Altria saw declines in both its revenues and operating income in Q2 as macro headwinds led to an 11% drop in its cigarette volume. However, the results were made worse by some one-off items, and Altria reiterated its outlook for a 4-7% EPS growth in 2022. Underlying trends in the ...

Activist Elliott Management is said to be planning to raise its stake in Swedish Match ( OTCPK:SWMAY ) above 5%. Elliott is accumulating the stake as it plans to oppose Swedish Match ( OTCPK:SWMAF ) sale to Philip Morris International ( NYSE: PM )  under the cur...

Swedish Match shares have risen above the SEK 106 Philip Morris offer price after the company released Q2 results on Friday. Q2 results showed Swedish Match's standalone potential; sales grew 11% in local currencies, despite supply chain disruptions in cigars. ZYN nicotine pouch s...

Swedish Match AB (publ) (SWMAF) Q2 2022 Earnings Conference Call July 22, 2022 08:00 a.m. ET Company Representatives Lars Dahlgren - President, Chief Executive Officer Anders Larsson - Chief Financial Officer Emmett Harrison - Senior Vice President of Investor Re...

The following slide deck was published by Swedish Match AB (publ) in conjunction with their 2022 Q2 earnings call. For further details see: Swedish Match AB (publ) 2022 Q2 - Results - Earnings Call Presentation

Swedish Match AB (publ) press release ( OTCPK:SWMAY ): 1H Non-GAAP EPS of SEK 1.07. Revenue of SEK 5.56B (+23.6% Y/Y). Outlook: Capital expenditures are expected to be of a similar magnitude as in 2021. The effective underlying corporate tax rate in 2022,...

PM Q2 results were hit by the strong dollar and the loss of earnings from Russia and Ukraine, but were remarkably strong otherwise. Pro forma, volume grew 3.0% year-on-year in Q2 despite supply chain constraints, and revenues grew 7.2% excluding currency. There was good progress a...

Philip Morris is rightly trading at a valuation premium to its peers. Its reduced-risk portfolio is very strong and will likely be further strengthened by Swedish Match's market-leading assets. The article discusses several issues underlying the valuation of Philip Morris and addresse...

Blue Tower Asset Management provides portfolio management services to individuals, financial advisers, and institutions. With Q2 2022, the Blue Tower Global Value strategy composite returned 12.09% net of fees in the second quarter (12.41% gross) against a decline of -15.66% in the MS...

Activist Elliot Investment Management is said to be accumulating a stake in Swedish Match ( OTCPK:SWMAY ) as it attempts to oppose a $16 billion sale of the smokeless tobacco company to Philip Morris International ( NYSE: PM ). Elliott is said to be against the deal un...