Full Year 2018 Scandinavian Tobacco Group A/S Earnings Call Transcript

Mar 14, 2019 / 09:00AM GMT
Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's full year results 2018. (Operator Instructions) I must advise you that this conference is being recorded today, Thursday, the 14th of March 2019.

I would now like to hand the conference over to your speaker today, CFO Marianne Bock. Please go ahead.

Marianne Rørslev Bock - Scandinavian Tobacco Group A/S-Executive VP&CFO

Thank you. Good morning, and welcome to Scandinavian Tobacco Group's Full Year 2018 Webcast and Conference Call. My name is Marianne Rørslev Bock, I'm the CFO of STG. Unfortunately, Niels Frederiksen, our CEO, is down with a heavy flu today, so I will do the presentation. With me today, I have our Head of Investor Relations, Torben Sand.

Please turn to Slide 2. The agenda for today's call covers key highlights; an update on Fuelling the Growth, including comments on the expected net savings from the program; an update on our categories; and key financial development,

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