
Scandinavian Tobacco Group has a strong presence in the global tobacco market, with a portfolio of brands that includes Fortuna, Epoka, and Peter Stuyvesant.
The company's revenue has been steadily increasing over the years, with a significant boost in 2020 due to the acquisition of the Swedish Match business.
Scandinavian Tobacco Group operates in over 30 countries worldwide, making it a truly global player in the industry.
The company's financial performance has been impressive, with a net sales revenue of over $1.5 billion in 2020.
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Company Profile
Scandinavian Tobacco Group A/S is a Denmark-based company primarily engaged in the tobacco manufacturing industry.
Their key products are handmade and machine-rolled cigars, with a diverse range of esteemed brands. These brands include Macanudo, CAO, Alec Bradley, and Silencio, among others. They also have a significant presence in the US market with brands like Cohiba, Punch, Partagas, and La Gloria Cubana.
The company was incorporated in 2007 and has a global presence with employees spread across different regions. As of the latest data, they have around 9,353 employees.
Their revenue in the last four quarters was 9.22 billion DKK, while their net income was 796.60 million DKK.
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Management and Leadership
The management team at Scandinavian Tobacco Group is led by CEO Niels Frederiksen, who has been in the role since February 28, 2015.
Niels Frederiksen is 61 years old and has been at the helm of the company for over 7 years. He is also a seasoned executive with a wealth of experience in the tobacco industry.
The company's Director of Finance and CFO is Marianne Rørslev Bock, who has been in the role since December 31, 2018. She is 62 years old and has been with the company for over 4 years.
Marianne Rørslev Bock's experience in finance and accounting has been invaluable to the company's growth and success. She is a highly respected executive in the industry.
The company's Investor Relations Contact is Torben Sand, who has been in the role for an unknown period of time. Unfortunately, his age and tenure are not publicly disclosed.
The Board of Directors at Scandinavian Tobacco Group consists of several experienced individuals, including Marlene Forsell, who has been a Director since June 1, 2014. She is 49 years old and has been with the company for over 8 years.
The Chairman of the Board is Henrik Brandt, who took on the role on March 30, 2022. He is 70 years old and brings a wealth of experience to the position.
Anders Christen Obel is also a member of the Board of Directors, having joined the company on December 31, 2009. He is 65 years old and has been with the company for over 13 years.
Here is a list of the current members of the Executive Committee:
- Niels Frederiksen - CEO
- Marianne Rørslev Bock - Director of Finance/CFO
- Thomas Kolber - Human Resources Officer
- Regis Broersma - Corporate Officer/Principal
The Executive Committee plays a crucial role in shaping the company's strategy and direction.
Financial and Shareholder Data
Scandinavian Tobacco Group has a diverse group of shareholders, with the largest being Augustinus Fonden, owning 29.19% of the company's equities.
Augustinus Fonden's valuation is approximately 347 million kroner, making it a significant stakeholder in the company. Det Obelske Familiefond is another major shareholder, owning 13.46% of the equities.
Here is a breakdown of the top shareholders:
These shareholders collectively hold a significant amount of the company's equities, influencing its direction and decision-making processes.
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Shareholders
As we dive into the world of financial data, let's take a closer look at the shareholders of Scandinavian Tobacco Group A/S. Augustinus Fonden holds the largest share of the company, with 29.19% equities and a valuation of 347 million kr.
The top shareholders of the company are listed below:
Det Obelske Familiefond holds 13.46% of the company's equities, making it the second largest shareholder. Parvus Asset Management Europe Ltd. and SCANDINAVIAN TOBACCO GROUP A/S also hold significant shares, with 4.997% and 1.472% respectively.
Revenue Surprise Rate
The revenue surprise rate is an important metric that helps investors understand how a company's quarterly revenue compares to analyst expectations.
For Scandinavian Tobacco Group A/S, the quarterly revenue rate of surprise is a key factor to consider.
In the stock market, the revenue surprise rate can have a significant impact on a company's stock price.
The revenue surprise rate for STG Stock, the ticker symbol for Scandinavian Tobacco Group A/S, can be a useful indicator of the company's financial health.
Here's a breakdown of the quarterly revenue rate of surprise for STG Stock:
Press Releases

Scandinavian Tobacco Group A/S has been quite active in releasing press statements, with multiple announcements made in August and July.
Their most recent press release was on August 27, where they reported their Second Quarter 2025 Results and reaffirmed their expectations for the full-year.
Another press release on the same day announced the Interim consolidated financial statements of Scandinavian Tobacco Group A/S.
In July, they released a statement regarding Notification and Public Disclosure of Transactions by Person Discharging Managerial Responsibilities.
A similar statement was made in May, also related to Notification and Public Disclosure of Transactions by Person Discharging Managerial Responsibilities.
In May, they also released their Interim consolidated financial statements, which were announced on August 27 as well.
Here is a list of their recent press releases:
Industry and Market Data
The Scandinavian Tobacco Group is a significant player in the global tobacco industry.
The company operates in over 30 countries, with a presence in Europe, the Americas, and Asia.
Scandinavian Tobacco Group's revenue has been steadily increasing, reaching €2.2 billion in 2020.
The company's portfolio includes well-known brands such as Golden Virginia, Captain Black, and Skruf.
In 2019, Scandinavian Tobacco Group acquired the Swedish Match brand, expanding its product offerings.
The company's revenue from tobacco products accounted for approximately 95% of its total revenue in 2020.
Scandinavian Tobacco Group's focus on expanding its global presence and product portfolio has contributed to its growth.
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Analysts' Recommendations
Analysts are generally bullish on Scandinavian Tobacco Group, with a strong majority recommending a buy or hold rating.
A consensus recommendation of 75% from analysts indicates a high level of confidence in the company's future performance.
The average price target of $38.50 suggests a significant upside potential for investors.
Analysts' ratings are based on their analysis of the company's financials, market trends, and competitive landscape.
Scandinavian Tobacco Group's strong financial performance and growth prospects have contributed to the positive sentiment among analysts.
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Corporate Actions
Scandinavian Tobacco Group has been quite active in the mergers and acquisitions space.
In 2011, the company acquired Lane Limited, a US-based manufacturer and brand owner of pipe-tobacco, fine-cut tobacco and machine-made cigars.
The acquisition of Lane Limited brought with it several notable brands, including Captain Black, Bugler, and Winchester.
In 2013, the company acquired PipesandCigars.com, a catalog and online retail business.
This acquisition helped expand the company's online presence and reach more customers.
In 2014, Scandinavian Tobacco Group acquired Verellen, a Belgian brand owner and manufacturer of machine-made cigars, and Torano, a handmade cigar brand.
The company continued to grow through acquisitions, purchasing Thompson Cigar in 2018.
In 2019, Scandinavian Tobacco Group acquired Peterson Pipe Tobacco, the pipe tobacco business of Kapp and Peterson Limited, an Irish pipe and pipe tobacco manufacturer.
The company also announced the acquisition of Royal Agio Cigars in 2019, which was finalized in January 2020.
In January 2020, Scandinavian Tobacco Group completed the acquisition of Agio Cigars, a cigar company based in the Netherlands.
On 10 February 2016, the company became a public listed company on the NASDAQ Copenhagen Stock Exchange.
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