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Scandinavian Tobacco Group

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...
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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...
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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...
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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...
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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...
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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...
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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...
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STG Says More People Are Smoking at Home, Upgrades Financial Guidance

Scandinavian Tobacco Group—the parent company of General Cigar Co., Cigars International, Thompson Cigar, Agio and others—has announced that it is upgrading its financial guidance for...
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Hector Vanegas, STG’s Nicaraguan Manufacturing Manager, Dies (Update)

Scandinavian Tobacco Group has announced the passing of Hector Vanegas, the company’s manufacturing manager for its operations at STG Estelí in Nicaragua. “Hector was a...
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Scandinavian Tobacco Group Posts Strong Q1 2020 Numbers

Scandinavian Tobacco Group (STG)—the parent company of General Cigar Co., Cigars International, Thompson Cigar and others—generated DKK 1.791 billion ($263 million) in revenue for the...
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STG Discontinuing Agio’s Balmoral, San Pedro de Macorís in the U.S.

The Balmoral line of premium cigars will no longer be sold in the U.S. Scandinavian Tobacco Group (STG) is selling the remaining American inventory of...
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