Q1 2019 Scandinavian Tobacco Group A/S Earnings Call Transcript

May 23, 2019 / 08:00AM GMT

Release Date Price: $11.75

Transcript

Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's Q1 results 2019 conference call. (Operator Instructions) I must advise you that this conference is being recorded today, Thursday, the 23rd of May, 2019.

I would now like to hand the conference over to your speaker today, Niels Frederiksen. Please go ahead, sir.

Niels Frederiksen;S;CEO

Scandinavian Tobacco Group A;President & Member of Executive Board

/- -

Yes. Good morning, and welcome to Scandinavian Tobacco Group's First Quarter '19 Webcast and Conference Call. My name is Niels Frederiksen. I'm the CEO of the company, and with me today, I have our CFO, Marianne RÃÂ¸rslev Bock; and our Head of Investor Relations, Torben Sand.

So please turn to Slide #2. The agenda for today's call covers key highlights, including an update on Fuelling the Growth, a few comments on the impact from the new reporting structure and changes in accounting principles, an update on the performance in our new divisions and key financial

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