Home Markets Swedish Match Q1 Net Income Rises – Quick Facts

Swedish Match Q1 Net Income Rises – Quick Facts

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investorsdiurnal business news magazine

(RTTNews) – Swedish Match (SWMAY.PK, SWMAF.PK) reported first quarter net income attributable to equity holders of the parent of 1.8 billion Swedish kronor compared to 1.2 billion kronor, prior year. Earnings per share was 11.25 kronor compared to 7.18 kronor. Adjusted earnings per share increased to 9.74 kronor from 7.18 kronor.

First quarter sales were 4.45 billion Swedish kronor compared to 4.03 billion kronor, last year, an increase of 11 percent. In local currencies, sales increased by 23 percent for the first quarter.