STG Reports $1.01 Billion in Revenue for 2019

Scandinavian Tobacco Group (STG)—parent of General Cigar Co., Cigars International and others—has reported its 2019 fiscal results. The company generated DKK 6.87 billion ($1.01 billion) in revenue with an EBITDA before special items—a measure of profit—of DKK 1.187 billion ($174.54 million). STG says the EBIDTA number represents an increase of 7.1 percent compared to 2018. […] The post STG Reports $1.01 Billion in Revenue for 2019 appeared first on halfwheel.