Swedish Match

Sweden's former foreign minister Margaretha af Ugglas dies at 87

Sweden's former Foreign Minister Margaretha af Ugglas (M) has died at the age of 87, Expressen reports.

Philip Morris International lowers profit forecast after $500 million write-down

Philip Morris International, which owns the Marlboro cigarette brand and the Zyn portioned snus brand, is lowering its profit forecast after a $500 million (approximately SEK 4.6 billion) write-down of the value of its Canadian operations.

US slows approval of new white snus, tobacco giants fall on Wall Street

New varieties of the popular white snus are being delayed by US health authorities, sources told Reuters. Several tobacco companies fell on Wall Street after the news, including Swedish Match owner Philip Morris.

Former Nasdaq employee convicted of insider trading

A former employee at the Stockholm Stock Exchange was responsible for market surveillance, but provided insider information to several related parties. Now he and two other people are being convicted of insider trading.

Philip Morris Raises 2025 Profit Forecast Boosted by Zyn Sales

American Philip Morris, major manufacturer of tobacco and nicotine products, raises the floor in its profit forecast for 2025 with reference to sales successes for Zyn in the USA.

Swedish Match to Close Gotland Snus Factory, Relocate Production

Proposal to Ban Snus in Schools Gains Support for Including Teachers

The use of snus is increasing avalanche-like among young people in Sweden. The tobacco industry describes it as a success story in the fight against smoking – a claim that is contradicted by research in the area. Now the question is whether the government will proceed with the proposal to ban snusing in school. According to the Public Health Agency, it would be good if teachers were also covered by such a ban. How adults behave plays a role in how children and young people perceive the risks of a product, says investigator Grethe Fochsen.

Proposal to Ban Snus in Swedish Schools May Include Teachers

Snus consumption is increasing rapidly among the young in Sweden. The tobacco industry describes it as a success story in the fight against smoking – a claim that is contradicted by research in the area. Now the question is whether the government will proceed with the proposal to ban snus use in school. According to the Public Health Agency, it would be good if teachers were also covered by such a ban. How adults behave plays a role in how children and young people perceive the risks of a product, says investigator Grethe Fochsen.

Wall Street Surges as US-China Tariff Agreement Surprises Investors

The US stock market began the trading week with a sharp rise following the agreement on a pause in the trade war between the US and China. All major indices on Wall Street went like a train.

Snus Deliveries Secure as Strike Notice Withdrawn in Sweden

Tobacco Giant Surges on Zyn Successes

Poverty behind Swedish snus

Black wages and lack of protective equipment. This is the reality for some of the Indian workers who harvest the tobacco used in the Swedish snus Velo and Zyn, a review by P3 News reveals.

Insider conspiracy investigated – decision on prosecution imminent

The preliminary investigation against four individuals suspected of gross insider crimes in 2021-2022, one of whom had a key position in market surveillance at Nasdaq Stockholm Stock Exchange, is complete. Charges may be brought at the beginning of 2025, according to the prosecutor.

Marlboro owner launches billion savings

Philip Morris raises forecast – Zyn boosts

Snuff – a Cash Cow for Philip Morris

Shortage of Snuff – Hoarding and Fire Lie Behind