Tag

Scandinavian Tobacco Group

InterTabac 2019: Day 1

I’m a bit pressed for time, but here’s a very quick rundown of some first impressions of InterTabac 2019 before I head to a dinner...
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Five Thoughts: Scandinavian Tobacco Group’s Acquisition of Agio

We rate cigars, not cigar M&A deals, but I’d have to give Scandinavian Tobacco Group’s (STG) planned acquisition of Royal Agio Cigars a pretty decent...
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Scandinavian Tobacco Group Acquiring Royal Agio Cigars

Scandinavian Tobacco Group (STG) has announced plans to the Dutch-based Royal Agio Cigars in a deal valued at €210 million ($232.61 million). Formally, the deal...
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STG Announces Q2 2019 Results

Scandinavian Tobacco Group (STG) has announced its financial results for the second quarter of 2019. Revenue fell .9 percent compared to 2018 with the company...
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Craig Reynolds, Head of Cigars International, Retiring in May

Craig Reynolds, the leader of the Cigars International—the world’s largest cigar retailer—will be retiring in May 2020. That is when his contract ends, though Reynolds...
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Cigars International Opening in Wesley Chapel, Fla. Next Year

Cigars Intertnational has announced the location of its first Florida store: Pasco County. The world’s largest cigar retailer has submitted plans for a 9,500-square-foot standalone...
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Régis Broersma, Head of General Cigar, Leaving Company for Europe

Régis Broersma will return to Europe. Scandinavian Tobacco Group (STG)—the parent company of General Cigar Co., Cigars International and others—announced that Broersma will return to...
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STG Announces Q1 2019 Results, 7.3 Percent Growth in Profit

Scandinavian Tobacco Group (STG)—the parent company of Cigars International, General Cigar Co., Thompson and others—announced its financial results for the first quarter of 2019. While revenue growth is down 1.6 percent, the company says that EBITDA growth, a measure of profit, is up 7.3 percent. STG generated DKK 1.464 billion ($218.48 million), which is actually […]
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Thompson Cigar Headquarters Shutting Down June 29

Thompson Cigar, one of the oldest and largest retailers in the country, will be shutting down most of its U.S. operations on June 29. Last...
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STG Announces 2018 Yearly Results: Slight Revenue Increase

Scandinavian Tobacco Group (STG), the parent company of Cigars International, General Cigar Co. and others, announced its annual results for 2018. The result shows a...
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Graded: Ten Questions for 2018

With 2018 counting down its final days, it’s time to take a look back at an article that is an annual tradition on halfwheel, Ten...
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