SWMA.ST | Swedish Match AB
654.41 -14.01 (-2.19%)
About the Company
Swedish Match AB is a Swedish company based in Stockholm that makes snus, moist snuff, and chewing tobacco (with its Red Man brand). These products are known as moist smokeless tobacco. The company also makes machine-made cigars, matches, lighters as well as razors, batteries, light bulbs and tooth picks. Swedish Match operates in ten countries, with 5,070 employees (2016). The products are sold in more than 100 countries worldwide.The Swedish Match share has been listed on Nasdaq Stockholm, large cap segment, since 1996, with the ticker symbol SWMA. It is a constituent of the OMX Stockholm 30 and OMX GES Sustainability Sweden indices. In 2016, approximately 59 percent of the trades by number of shares were done at Nasdaq Stockholm, 19 percent at Chi-X, 15 percent at Turquoise, and 7 percent at BATS. The group had total sales of 15,551 MSEK and an operating profit from product areas of 3,990 MSEK. Snus and moist snuff accounted for 34 percent of sales and 53 percent of Swedish Match's operating profit.
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