Swedish Match has reported a 17% sales increase in the first half of the year, driven by smoke-free products, with solid growth for its Zyn nicotine pouches in both the US and Scandinavian markets and “excitement” about the introduction of new technology in its Volt brand.
The Stockholm-based manufacturer posted sales of SEK10.45bn ($1.02bn) for the first six months of 2022, up from SEK8.96bn ($870m) for the same period last year. For the second quarter, the company reported sales of SEK5.56bn ($540m), up 23% from the same period of 2021.
Antonia is a member of the editorial team and holds a masters degree in Law from the University of Naples Federico II, Italy. She moved in 2013 to London, where she completed a postgraduate course at the London School of Journalism. In the UK, she worked as a news reporter for a financial newswire and a magazine before moving to Barcelona in 2019.
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