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Scandinavian Tobacco Group Posts Strong Q1 2020 Numbers

Posted   |   Less than a minute to read
By: halfwheel

Scandinavian Tobacco Group (STG)—the parent company of General Cigar Co., Cigars International, Thompson Cigar and others—generated DKK 1.791 billion ($263 million) in revenue for the first quarter 2020. The number represents a 5 percent increase compared to 2019. Furthermore, the company earned DKK 326 million ($47.9 million in EBITDA before special items, a measure of a […] The post Scandinavian Tobacco Group Posts Strong Q1 2020 Numbers appeared first on halfwheel.

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