Scandinavian Tobacco Group A/S (SNDVF) Q4 2024 Earnings Call Transcript

2025-03-07 13:51:01 ET

Scandinavian Tobacco Group A/S (SNDVF)

Q4 2024 Results Conference Call

March 07, 2025 04:00 AM ET

Company Participants

Torben Sand - Director of IR & Group Communications

Niels Frederiksen - Chief Executive Officer

Marianne Rørslev Bock - Chief Financial Officer

Conference Call Participants

Niklas Ekman - Carnegie

Damian McNeela - Deutsche Numis

Presentation

Torben Sand

Welcome to all to Scandinavian Tobacco Group's webcast for the Full Year and Fourth Quarter Results 2024. My name is, as said, Torben Sand and I am Director of Investor Relations and External Communications. And I am, as usual, joined by our CEO, Niels Frederiksen; and our CFO, Marianne Rørslev Bock.

Please turn to Slide number 3 for today's webcast agenda. Niels will start the presentation by giving an overview of the highlights of the year as well as an update on our key strategic achievements. Then he will switch focus to an update on developments in our core markets as well as insights to recent trends and developments in our product categories.

Marianne will take over with an overview of the financial performance in our 3 commercial reporting divisions whereafter she will turn the focus to key financial developments for the group, including an update on cash flow, leverage and capital allocation. Niels will conclude the presentation with an update on our financial expectations for 2025. After the presentation by management, we will conduct a Q&A session where we will be more than pleased to take any questions you might have. And before we start, I ask you to pay attention to our disclaimer on forward-looking statements, which can be found at the end of this slide deck....

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