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Cigar News: STG Net Sales Down 3.9% for Third Quarter 2023

Posted   |   Less than a minute to read
By: Cigar-Coop

Scandinavian Tobacco Group (STG) has announced its earnings for the third quarter of 2023.  The big news is the company is reporting negative sales growth of 3.9% YoY.  At the same time, STG reported an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margin of 26.5%. The EBITDA margin is a measure of a company’s […]

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