Scandinavian Tobacco Group A/S (OTCPK:SNDVF) Q3 2024 Earnings Conference Call November 13, 2024 4:00 AM ET
Company Participants
Torben Sand – Director of IR & Group Communications
Niels Frederiksen – CEO
Regis Broersma – Chief Commercial Officer
Marianne Rorslev Bock – CFO
Conference Call Participants
Niklas Ekman – Carnegie
Sebastian Grave – Nordea
Damian McNeela – Deutsche Numis
Operator
Good day, and thank you for standing by. Welcome to the Scandinavian Tobacco Group Third Quarter 2024 Results Webcast. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.
I would now like to hand the conference over to your first speaker today, Torben Sand. Please go ahead.
Torben Sand
Thank you, Jess. And welcome to our webcast for the third quarter results 2024. My name is Torben Sand and I’m Director of Investor Relations and Group Communications. And I am today joined by our CEO, Niels Frederiksen; our CFO, Marianne Rorslev Bock; and our Chief Commercial Officer, Regis Broersma.
Now please turn to Slide number 3 for the agenda for today’s webcast. Niels will start by introducing — sorry, Niels will introduce by giving an overview of the key highlights of the third quarter as well as an update on our strategy and other key events including the financial impacts from the acquisition of Mac Baren. Regis will follow and give you an update on key developments in our core markets as well as insights to recent trends and developments in our product categories.
Marianne takes over with an overview of the financial performance in our three reporting divisions where after she will turn the focus to key financial developments for the group, including an update on cash flow, leverage, and capital
