Market Overview

Swedish Match Posts Rise In Q2 Profit

Swedish Match (OTC: SWMAF) reported a rise in its second-quarter net profit.

Its sales rose to SEK3.21 billion ($462.4 million), from SEK2.94 billion, in the year-ago period. Its operating profit climbed to SEK1.08 billion from SEK904 million.

Swedish Match's quarterly net profit surged to SEK759 million from SEK616 million.

Posted-In: profitEarnings News

 

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