Scandinavian Tobacco Group A/S (OCSE:STG)
kr 97 0.4 (0.41%) Market Cap: 8.06 Bil Enterprise Value: 12.35 Bil PE Ratio: 8.01 PB Ratio: 0.86 GF Score: 85/100
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Q1 2020 Scandinavian Tobacco Group A/S Earnings Call Transcript

May 20, 2020 / 08:00AM GMT
Release Date Price: kr91.75 (+8.26%)
Niels Frederiksen;S;CEO
Scandinavian Tobacco Group A;President & Member of Executive Board

/- -

Good morning and welcome to Scandinavian Tobacco Group's First Quarter 2020 Webcast and Conference Call. My name is Niels Frederiksen, the CEO of the company. And with me today, I have as usual our CFO, Marianne Rørslev Bock; and our Head of Investor Relations, Torben Sand.

Please turn to Slide #2. The agenda for this conference call covers the key highlights for the first quarter of the year; an update on key events, including an update on the COVID-19; and the integration of Agio Cigars; an update on the performance in our 4 divisions; key financial developments for the quarter; before we will conclude the call with an updated guidance for 2020 and the usual Q&A session.

Before I start, I'll ask you to have attention to our disclaimer on forward-looking statements. The complete disclaimer can be found in the appendix to this presentation.

So please turn to Slide #3. Without any doubt, events during the first 4 months of the year

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