“We will continue our focus and efforts within diversity, equity and inclusion and corporate ethics,” the company wrote in its report. “Our commitment to the updated Sustainability Strategy is reflected in our revised vision ‘Be the undisputed and sustainable global leader in cigars’ and an estimated investment in 2022 of up to DKK 20 million.”
STG states that it expects organic net sales and EBITDA growth to remain negative during the second quarter though growth is expected to resume in the second half of 2022.
You can read STG’s full Interim Report Q1 2022 report by clicking here.
For all the latest news from Scandinavian Tobacco Group, visit st-group.com.
