STG Reports Strong Q2 2021, Raises Guidance Again

Scandinavian Tobacco Group A/S (STG), one of the world’s largest cigar companies, has reported its earnings for Q2 2021 and the results are predictably strong. The company says it generated DKK 2.156 billion ($339 million) in revenue during the second quarter, up 7.5 percent compared to 2020. EBITDA before special items—a measurement of profits—was DKK […] The post STG Reports Strong Q2 2021, Raises Guidance Again appeared first on halfwheel.