Q2 2019 Scandinavian Tobacco Group A/S Earnings Call Transcript

Aug 29, 2019 / 08:00AM GMT
Operator

Ladies and gentlemen, welcome to today's second quarter 2019 conference call. (Operator Instructions) I must advise you that this conference is being recorded today on the 29th of August 2019.

I would now like to hand the conference over to your speaker today, Niels Frederiksen. Please go ahead, sir.

Niels Frederiksen - Scandinavian Tobacco Group A/S-CEO - President & Member of Executive Board

Thank you, and good morning, and welcome to Scandinavian Tobacco Group's Second Quarter 2019 Webcast Conference Call. With me, I have CFO, Marianne Rørslev Bock; and our Head of Investor Relations, Torben Sand.

Please turn to Slide #2. The agenda for this conference call covers key highlights for the second quarter including an update on Fuelling the Growth, an update on regulatory changes and trends, an update on the performance in our 4 divisions with key financial developments, and before concluding the call, with a Q&A session. But before I start, I will just ask you to have attention to our

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