Scandinavian Tobacco Group Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line

Scandinavian Tobacco Group (CPH:STG) Full Year 2024 Results

Key Financial Results

• Revenue: kr.9.20b (up 5.4% from FY 2023).
• Net income: kr.939.7m (down 21% from FY 2023).
• Profit margin: 10% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: kr.11.50 (down from kr.13.65 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Scandinavian Tobacco Group Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.4% growth forecast for the Global Tobacco industry.

Performance of the market in Denmark.

The company's shares are down 6.4% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Scandinavian Tobacco Group you should know about.

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