© Reuters. FILE PHOTO: Moist powder tobacco “snus” cans are seen on shelves at a Swedish Match store in Stockholm, Sweden October 24, 2018. Picture taken October 24, 2018. REUTERS/Anna Ringstrom/File Photo
(Reuters) – Nicotine and tobacco products group Swedish Match on Friday reported a third-quarter operating profit matching expectations and said its U.S. smokefree business and a strong dollar had increased sales.
Operating profit rose to 2.40 billion Swedish crowns ($218.74 million) from 2.08 billion a year earlier. Analysts polled by Refinitiv had on average forecast a profit of 2.47 billion crowns.
($1 = 10.9718 Swedish crowns)
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