SWMA.ST - Swedish Match AB (publ)

Stockholm - Stockholm Real Time Price. Currency in SEK
459.00
+4.50 (+0.99%)
At close: 5:29PM CET
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Previous Close454.50
Open456.00
Bid458.20 x 0
Ask458.20 x 0
Day's Range452.20 - 459.20
52 Week Range341.60 - 490.80
Volume458,753
Avg. Volume609,686
Market Cap76B
Beta (5Y Monthly)0.27
PE Ratio (TTM)19.12
EPS (TTM)24.01
Earnings DateFeb 12, 2020
Forward Dividend & Yield10.50 (2.31%)
Ex-Dividend Date2019-04-10
1y Target Est475.75
  • Are Swedish Match AB (publ)’s (STO:SWMA) High Returns Really That Great?
    Simply Wall St.

    Are Swedish Match AB (publ)’s (STO:SWMA) High Returns Really That Great?

    Today we'll look at Swedish Match AB (publ) (STO:SWMA) and reflect on its potential as an investment. Specifically...

  • What Kind Of Shareholders Own Swedish Match AB (publ) (STO:SWMA)?
    Simply Wall St.

    What Kind Of Shareholders Own Swedish Match AB (publ) (STO:SWMA)?

    Every investor in Swedish Match AB (publ) (STO:SWMA) should be aware of the most powerful shareholder groups. Insiders...

  • Thomson Reuters StreetEvents

    Edited Transcript of SWMA.ST earnings conference call or presentation 25-Oct-19 12:00pm GMT

    Q3 2019 Swedish Match AB Earnings Call

  • PR Newswire

    Swedish Match: Interim Report January - September 2019

    STOCKHOLM , Oct. 25, 2019 /PRNewswire/ -- Q3 growth in sales and earnings driven by ZYN In local currencies, sales increased by 8 percent for the third quarter. Reported sales increased by 13 percent to ...

  • Bloomberg

    Snus Can Save People From Cigarettes. Just Ask Sweden.

    (Bloomberg Opinion) -- Tuesday was an important day for public health in the U.S. For the first time ever, the Food and Drug Administration ruled that a company will be allowed to advertise its tobacco products as less harmful than cigarettes. As momentous as this decision is — and it is momentous — the public health community was not exactly cheering the news. In fact, it was downright grumpy about the whole thing.The products in question are snus. Swedish Match AB, a company that sells cigars, lighters, and chewing tobacco makes snus. (The company divested its cigarettes business in 1999.) Snus users ingest nicotine by placing a small pouch filled with tobacco in between their teeth and their lips. Nicotine can be addictive, but snus aren’t lethal like cigarettes.According to Swedish Match, the Swedes have been using snus since the 1600s. In the years after World War II, snus were overtaken by cigarettes.  But after the dangers of smoking became irrefutable, the Swedish government imposed hefty taxes on cigarettes. This caused many smokers to gravitate back to snus; Swedish Match estimates that 9% of Swedish men smoke, while about 18% use snus.The health consequences have been nothing short of amazing. Swedish men have the lowest rate of lung and oral cancer in Europe.  A paper published in 2014 by the National Institutes of Health reported that this “mortality advantage” was directly attributable to “the degree of dominance of snus use in the different age groups of Swedish men.” Swedish women, who have not adopted snus like men have, had higher tobacco-related mortality rates.In 2009, President Barack Obama signed the Family Smoking Prevention and Tobacco Control Act, giving the FDA the ability to set standards for tobacco products “to protect the public health.” All tobacco products that came to market after the passage of the new law, including e-cigarettes, would have to be approved by the agency. (The deadline for submitting tobacco products for FDA approval has been repeatedly delayed. It is now set for May 2020.) The FDA also gained the authority to designate a “Modified Risk Tobacco Product” — again, if it deemed the product to be helpful in protecting the public health.Well ahead of every other company, Swedish Match received FDA approval for its snus, sold under the General Snus brand, in November 2015. It was also the first company to apply for the modified-risk designation. Alas, in 2016, its initial effort was turned down. Swedish Match re-applied. And that application is the one the FDA approved on Tuesday.What does it mean? Simply put, it means that the company will be able to say that smokers who use General Snus are less likely to get lung cancer, mouth cancer, heart disease, stroke, emphysema and chronic bronchitis. Are snus completely safe? No. But they are safer than cigarettes. That is the classic definition of a reduced-harm product.There are strict limits about where Swedish Match can make this claim. It can’t advertise on TV. It can’t say it on the packaging. It can make the reduced-harm claim at the point of sale, on its website and in certain other controlled venues. Before it can do anything, it has to submit a marketing plan to the FDA.Given the limitations on Swedish Match’s ability to get the word out, what the company needs now are some credible advocates willing to urge smokers to switch to snus. And while you might think that should be a job for the tobacco control community — which, after all, wants to eliminate smoking — it has been less than enthusiastic.In May, five major anti-tobacco groups sent comments to the FDA, saying that Swedish Match’s application should be denied. Their primary worry was that if the company started marketing snus as modified-risk, kids would start using them. They also said that there was no evidence that adult Americans would use snus the same way Swedes do.The FDA says that snus haven’t been shown to appeal to kids and Swedish Match has vowed not to market to them. Indeed, the FDA has the ability to take away its modified-risk designation for snus if it believes Swedish Match is trying to lure kids.When I called around on Tuesday, it was clear that anti-tobacco advocates' concerns were intact, however. The Campaign for Tobacco-Free Kids sent me a statement from its president, Matt Myers (Bloomberg Philanthropies supports the Campaign for Tobacco-Free Kids). “The FDA must insure that snus tobacco products are not marketed to or used by kids,” he said. The American Lung Association declined comment. The American Heart Association sent me a link to a study that claimed that children are more likely to have higher blood pressure by age 6 if their mothers used snus during pregnancy.There are going to be more companies applying for modified-risk designations. Philip Morris International Inc. already has one in the pipelines, called IQOS, which heats tobacco but doesn’t burn it. For all their current problems, the e-cigarette companies will also eventually seek a modified risk label from the FDA. This is the Holy Grail: to be able to say publicly that their products are less harmful than cigarettes.The evidence from Sweden is indisputable: Snus save lives. Anti-smoking advocates could make a credible case for supporting them, thereby improving public health. Instead, even with the modified-risk designation, Swedish Match is going to have a tough time getting the word out to the people who need to hear it: the 35 million adult smokers in the U.S.It’s a funny thing. In Europe, people are far less worried about e-cigarettes than people in the U.S. The British, in fact, have embraced e-cigarettes as healthier alternative to smoking. But snus? Believe it or not, they are banned in most of Europe.To contact the author of this story: Joe Nocera at jnocera3@bloomberg.netTo contact the editor responsible for this story: Timothy L. O'Brien at tobrien46@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Joe Nocera is a Bloomberg Opinion columnist covering business. He has written business columns for Esquire, GQ and the New York Times, and is the former editorial director of Fortune. His latest project is the Bloomberg-Wondery podcast "The Shrink Next Door."For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Moody's

    Swedish Match AB -- Moody's announces completion of a periodic review of ratings of Swedish Match AB

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Swedish Match AB and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Should You Consider Swedish Match AB (publ) (STO:SWMA)?
    Simply Wall St.

    Should You Consider Swedish Match AB (publ) (STO:SWMA)?

    As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I...

  • Update: Swedish Match (STO:SWMA) Stock Gained 68% In The Last Five Years
    Simply Wall St.

    Update: Swedish Match (STO:SWMA) Stock Gained 68% In The Last Five Years

    Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying...

  • This Under-the-Radar Smoking Alternative Could Be Bigger Than E-Cigs
    Motley Fool

    This Under-the-Radar Smoking Alternative Could Be Bigger Than E-Cigs

    With traditional cigarettes and e-cigs are under attack, snus and tobacco-free nicotine pouches could thrive.

  • Is There An Opportunity With Swedish Match AB (publ)'s (STO:SWMA) 49% Undervaluation?
    Simply Wall St.

    Is There An Opportunity With Swedish Match AB (publ)'s (STO:SWMA) 49% Undervaluation?

    Today we will run through one way of estimating the intrinsic value of Swedish Match AB (publ) (STO:SWMA) by...

  • Is Swedish Match (STO:SWMA) Using Too Much Debt?
    Simply Wall St.

    Is Swedish Match (STO:SWMA) Using Too Much Debt?

    Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

  • Thomson Reuters StreetEvents

    Edited Transcript of SWMA.ST earnings conference call or presentation 18-Jul-19 12:00pm GMT

    Q2 2019 Swedish Match AB Earnings Call

  • PR Newswire

    Swedish Match: Half Year Report January - June 2019

    STOCKHOLM , July 18, 2019 /PRNewswire/ -- Q2 sales and profit up, ZYN  expansion well underway In local currencies, sales increased by 6 percent for the second quarter. Reported sales increased by 12 percent ...

  • Swedish Match AB (publ) (STO:SWMA): What Are The Future Prospects?
    Simply Wall St.

    Swedish Match AB (publ) (STO:SWMA): What Are The Future Prospects?

    In March 2019, Swedish Match AB (publ) (STO:SWMA) announced its earnings update. Overall, analysts seem cautiously...

  • Should You Be Tempted To Sell Swedish Match AB (publ) (STO:SWMA) Because Of Its P/E Ratio?
    Simply Wall St.

    Should You Be Tempted To Sell Swedish Match AB (publ) (STO:SWMA) Because Of Its P/E Ratio?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • Thomson Reuters StreetEvents

    Edited Transcript of SWMA.ST earnings conference call or presentation 9-May-19 12:00pm GMT

    Q1 2019 Swedish Match AB Earnings Call

  • PR Newswire

    Swedish Match AB (publ) Share Capital and Total Number of Shares

    STOCKHOLM , May 31, 2019 /PRNewswire/ -- In accordance with the resolution at the Annual General Meeting on April 9, 2019 , Swedish Match AB (publ) has cancelled 6,000,000 repurchased treasury shares. ...

  • Would Swedish Match AB (publ) (STO:SWMA) Be Valuable To Income Investors?
    Simply Wall St.

    Would Swedish Match AB (publ) (STO:SWMA) Be Valuable To Income Investors?

    Could Swedish Match AB (publ) (STO:SWMA) be an attractive dividend share to own for the long haul? Investors are often...

  • Reuters

    Tobacco-free pouches boost Swedish Match's Q1 profit

    The tobacco group, whose main business is its moist snuff "snus" in Scandinavia, in April started rolling out its non-tobacco pouch product ZYN across the United States, from the country's western region. Like snus, the ZYN pouch is held under the upper lip.

  • PR Newswire

    Swedish Match: Interim Report January - March 2019

    Solid financial result, Startup of ZYN production in the US STOCKHOLM , May 9, 2019 In local currencies, sales increased by 3 percent for the first quarter. Reported sales increased by 11 percent to 3,258 ...

  • Did Swedish Match AB (publ) (STO:SWMA) Insiders Buy Up More Shares?
    Simply Wall St.

    Did Swedish Match AB (publ) (STO:SWMA) Insiders Buy Up More Shares?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! We've lost count of how many times insiders have accumulated shares in a company that goes on to improve...

  • What Should We Expect From Swedish Match AB (publ)'s (STO:SWMA) Earnings Over The Next Few Years?
    Simply Wall St.

    What Should We Expect From Swedish Match AB (publ)'s (STO:SWMA) Earnings Over The Next Few Years?

    In December 2018, Swedish Match AB (publ) (STO:SWMA) announced its most recent earnings update, which revealed that the company experienced a slight tailwi...

  • PR Newswire

    Swedish Match Annual General Meeting 2019

    At the Annual General Meeting of Swedish Match AB (publ) on April 9, it was resolved, in accordance with the proposal of the Board of Directors, to pay a dividend of 10.50 SEK per share. Charles A. Blixt, Andrew Cripps, Jacqueline Hoogerbrugge, Conny Karlsson, Pauline Lindwall, Wenche Rolfsen and Joakim Westh were re-elected as members of Swedish Match's Board of Directors.

  • Can You Imagine How Chuffed Swedish Match’s (STO:SWMA) Shareholders Feel About Its 123% Share Price Gain?
    Simply Wall St.

    Can You Imagine How Chuffed Swedish Match’s (STO:SWMA) Shareholders Feel About Its 123% Share Price Gain?

    The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But when you pick a company thatRead More...

  • PR Newswire

    Swedish Match Publishes Annual Report for 2018

    STOCKHOLM , March 18, 2019 /PRNewswire/ -- Swedish Match's annual report for 2018 has been published and is available at the Group's website. The annual report describes the Swedish Match's operations, ...