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08.06.2015 09:04:00
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Swedish Match AB -- Moody's: European tobacco companies' profit growth to improve modestly, over the next 12-18 months
London, 08 June 2015 -- Moody's Investors Service's outlook for European tobacco companies forecasts operating profit improving over the next 12-18 months to 4.0%-5.0% from 2.5%-3.5% in late 2014 (excluding foreign exchange effects). However, it still remains within the range for a stable outlook.
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