Full Year 2019 Scandinavian Tobacco Group A/S Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the full year results 2019. (Operator Instructions) I must advise that we are recording your conference today, Thursday, the 27th of February 2020.
And I would like to hand the conference over to your speaker today, Niels Frederiksen. Please go ahead, sir.
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Yes. Thank you, and good morning, and welcome to Scandinavian Tobacco Group's Full Year 2019 Webcast and Conference Call. I am Niels Frederiksen. I'm the CEO of the company. And with me today, I have, as usual, our CFO, Marianne Rørslev Bock; and our Head of Investor Relations, Torben Sand.
So please turn to Page #2. The agenda for this conference call covers: the key highlights for the full year and the quarter; an update on key events, including the acquisition of Royal Agio Cigars, Fuelling the Growth and regulation; an update on the performance in our 4 divisions; key financial
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