Swedish Match’s second quarter sales increased

Swedish Match’s sales during the second quarter to the end of June, at SEK3,644 million, were up by nine percent on those of the second quarter of 2014, SEK3,339 million.

Operating profit, excluding SM’s share of net profit from the Scandinavian Tobacco Group (STG) and larger one-off items, increased by nine percent to SEK937 million, while operating profit including SM’s share of STG profits and larger one-off items, increased from SEK941 million to SEK1,021 million.

Basic earnings per share (EPS) were up from SEK3.27 to SEK3.62, while adjusted EPS was up from SEK3.27 toSEK3.79.