Archive for April, 2013

Sales up, profits mixed at Swedish Match

Sales up, profits mixed at Swedish Match

| April 30, 2013

Swedish Match’s sales increased by 2 percent to SEK2.98 billion ($460 million) during the first quarter of fiscal 2013. In local currencies, sales for the first quarter increased by 5 percent. Operating profit from product areas for the first quarter declined by 8 percent to SEK832 million. In local currencies, operating profit from product areas […]

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Imperial latest to hop aboard e-cig train

Imperial latest to hop aboard e-cig train

| April 30, 2013

Imperial Tobacco, the world’s fourth-largest cigarette group by market share, said it had set up a venture to develop e-cigarettes, as it battles an increasingly tough consumer environment in Europe. The company said Fontem Ventures would look into areas such as e-vapor cigarettes, according to a story published by Reuters. “We’re looking at opportunities and […]

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Video interview: Imperial Tobacco’s half-year 2013 results.

Video interview: Imperial Tobacco’s half-year 2013 results.

| April 30, 2013

CEO Alison Cooper and Financial Director Bob Dyrbus comment on Imperial Tobacco Group’s half-year 2013 results. The video was created by Merchantcantos, a provider of financial news about FTSE100 and FTSE250 companies.

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OLAF report: no evidence against Dalli

OLAF report: no evidence against Dalli

| April 29, 2013

EU anti-fraud office OLAF had no hard evidence that former health commissioner John Dalli tried to solicit a bribe from a tobacco firm. The information comes from its confidential report into the Dalli case, part of which was leaked on Sunday, April 28, by the MaltaToday news agency. In his cover letter to the paper, dated […]

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Coresta announces scientific meetings

Coresta announces scientific meetings

| April 26, 2013

Coresta’s smoke-techno meeting will take place at the Metropol-Parasol Convention Center in Seville, Spain, Sept. 29-Oct. 3, 2013. Hosted by the Imperial Tobacco Group, this is a joint meeting of the organization’s Smoke Science and Product Technology study groups. Coresta’s agro-phyto meeting will take place Oct. 13-17, 2013, at the Borgobrufa spa resort in Torgiano, […]

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Riley to replace Nelson as head of Philip Morris Fortune Tobacco

Riley to replace Nelson as head of Philip Morris Fortune Tobacco

| April 26, 2013

Cigarette maker Philip Morris Fortune Tobacco Corp. will have a new president starting  May 1, taking the reins from Chris Nelson who is retiring effective on the same date. In an emailed statement, the company said Nelson will be succeeded by Paul Riley, another company veteran, as PMFTC president. “Chris has long expressed his desire to retire […]

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