trending Market Intelligence /marketintelligence/en/news-insights/trending/oEJ10GyzpWMXlCfQxv4vuA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Scandinavian Tobacco profit misses consensus by 19.3% in Q3

A Community Bank Shares its “Going Green” Story with Stakeholders

Podcast

Street Talk Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Street Talk – Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

European Energy Insights February 2021


Scandinavian Tobacco profit misses consensus by 19.3% in Q3

Scandinavian Tobacco Group A/S said its normalized net income for the third quarter came to 1.86 Danish kroner per share, compared with the S&P Capital IQ consensus estimate of 2.30 kroner per share.

EPS rose 29.8% year over year from 1.43 kroner.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 188.4 million kroner, a gain of 32.3% from 142.4 million kroner in the year-earlier period.

The normalized profit margin increased to 9.5% from 8.2% in the year-earlier period.

Total revenue totaled 1.74 billion kroner, compared with 1.74 billion kroner in the prior-year period, and total operating expenses fell from the prior-year period to 1.42 billion kroner from 1.48 billion kroner.

Reported net income rose 9.2% from the prior-year period to 152.2 million kroner, or 1.50 kroner per share, from 139.4 million kroner, or 1.40 kroner per share.

As of Nov. 3, US$1 was equivalent to 6.71 Danish kroner.