Added to YB: 2024-08-27
Pitch date: 2024-08-25
STG.CO [bullish]
Scandinavian Tobacco Group A/S
-4.49%
current return
Author Info
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Company Info
Scandinavian Tobacco Group A/S manufactures and sells cigars and pipe tobacco in the United States, Europe, and internationally.
Market Cap
DKK 8.7B
Pitch Price
DKK 98.42
Price Target
N/A
Dividend
7.76%
EV/EBITDA
6.95
P/E
8.92
EV/Sales
1.57
Sector
Tobacco
Category
growth
Scandinavian Tobacco Group: Aggression Abounds
STG.CO: Cigar co w/ robust demand & pricing. 14% shareholder return YTD. M&A (Mac Baren) for DKK 535M. Strong Q2: Europe +6.1% organic, NABROW -3.5%, NAOR +12.1%. Nicotine pouches growing fast. ZYN suspension impacts. Reaffirmed FY24 guidance. Aggressive cap return despite challenges. Long-term thesis intact.
Read full article (8 min)