Scandinavian Tobacco Group A/S 2019 AR2
The report highlights Scandinavian Tobacco Group's strong financial performance in 2019, delivering a 7.1% organic EBITDA growth and a free cash flow before acquisitions of DKK 1,187 million. Key strategic milestones included the announcement of the acquisition of Royal Agio Cigars for EUR 210 million and the acquisition of Dunhill Designs pipe tobacco trademarks. The company also accelerated its 'Fuelling the Growth' transformation program, implementing a new divisional structure and optimizing its production footprint by closing its facility in Tucker, Georgia. On the sustainability front, the company reduced energy consumption in production facilities by 6.4%, decreased tobacco waste by 13.1%, and saw a 19% reduction in work-related accidents.
Company: Scandinavian Tobacco Group A/S
Sector: Manufacturing
Country: Denmark
Year: 2019
Type: AR2
Pages: 92
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Scandinavian Tobacco Group A/S
Annual Report
The report highlights Scandinavian Tobacco Group's strong financial performance in 2019, delivering a 7.1% organic EBITDA growth and a free cash flow before acquisitions of DKK 1,187 million. Key strategic milestones included the announcement of the acquisition of Royal Agio Cigars for EUR 210 million and the acquisition of Dunhill Designs pipe tobacco trademarks. The company also accelerated its 'Fuelling the Growth' transformation program, implementing a new divisional structure and optimizing its production footprint by closing its facility in Tucker, Georgia. On the sustainability front, the company reduced energy consumption in production facilities by 6.4%, decreased tobacco waste by 13.1%, and saw a 19% reduction in work-related accidents.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees