STG Announces Lower Revenue, Higher Profits for Q3 2019

It would appear that some of the cost cutting measures taken by Scandanavian Tobacco Group (STG) are working. STG—the parent of General Cigar Co., Cigars International, Thompson Cigar and others—has announced its financial results for Q3 2019 and some of the news is good. Most importantly, the company reported an EBITDA before special items—a measure […] The post STG Announces Lower Revenue, Higher Profits for Q3 2019 appeared first on halfwheel.