Haypp Group signs SEK 400 million credit agreement with Danske Bank
The agreement replaces the existing overdraft facility and strengthens liquidity without increasing debt levels or financial leverage.
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E-commerce group for smoke-free nicotine products
hayppgroup.comLast updated
In short: Haypp Group achieved strong sales growth driven by international nicotine pouch expansion while navigating Swedish regulatory challenges.
The agreement replaces the existing overdraft facility and strengthens liquidity without increasing debt levels or financial leverage.
Net sales rose 28% to SEK 1,176.7mn. Nicotine pouch volume grew 45%, active consumers reached 667 thousand. The CEO highlights progress toward 2028 targets.
The webcast on 12 August at 18:00 CEST features CEO Gavin O’Dowd and CFO Peter Deli, and the report is published at 17:30 CEST.
The report will be published after the stock exchange closes on August 12, followed by a webcast presentation at 6:00 PM CEST.
Barclays reiterates its overweight recommendation for Haypp Group and raises the target price to 210 kronor from the previous 170 kronor.
E-commerce group Haypp Group, the company behind Snusbolaget, secures financing for future initiatives. A new agreement with Danske Bank provides access to a credit line of 400 million...
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The nicotine company Haypp Group reports revenue of 1.2 billion Swedish kronor for the second quarter, up 28 percent. Volume in the US and the UK doubled.
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