Scandinavian Tobacco Group

STG Promotes Justin Andrews

Justin Andrews has been promoted to new business development manager of Scandinavian Tobacco Group’s (STG) North American Branded and Rest of World divisions. The new…

STG Expanding Forged Cigar Co.’s Sales Team

Forged Cigar Co.—one of the two branded cigar divisions of Scandinavian Tobacco Group in the U.S.—has announced that it will be expanding its salesforce. The company…

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….

STG Reports Better Than Expected Q1 Earnings, Raises Guidance

Scandinavian Tobacco Group A/S (STG) says the demand for handmade cigars in the U.S. remains strong, helping to fuel the company to a stronger than…

STG Reports Increased Revenue & Profits in 2020, Stock Hits Record High

Scandinavian Tobacco Group (STG)—the parent company of Cigars International, General Cigar Co. and others—said it met its sales and EBITDA targets in 2020. The company…

STG Completes Share Buy Back

Scandinavian Tobacco Group—one of the largest cigar companies in the world—has announced the completion of a DKK 300 million ($48.62 million) share buy-back program it…

STG Divides Its Cigars Portfolio, Launches The Forged Cigar Co.

Scandinavian Tobacco Group (STG)—the parent company of General Cigar Co., Cigars International, Thompson and others—has announced that next month it will launch an entirely new…

Graded: Ten Questions for 2020

The idea of the words graded and 2020 bring a bit of a smirk and sigh to my face. Certainly conventional wisdom—and an endless stream of social…

STG Raises 2020 Financial Guidance Again

In a sign that people are buying more cigars, Scandinavian Tobacco Group has once again raised its financial guidance for 2020. The publicly-traded company—whose portfolio…

STG Announces Strong Q3, Cigar Demand Increasing

Scandinavian Tobacco Group—the parent company of Cigars International, General Cigar Co. and other tobacco companies—has announced another strong quarter of financial results as tobacco consumption…

Scandinavian Tobacco Group Announces 2020 Q2 Results, Share Buyback

Scandinavian Tobacco Group (STG) has announced its financial results for Q2 2020, one of its most positive quarters in recent memory. The company said it…