Category: Corporate

JT’s domestic sales tumble

JT’s domestic sales tumble

| December 15, 2017

Japan Tobacco Inc.’s domestic cigarette sales volume and the value of those sales each fell by about 15 percent during November.

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BAT outperforming

BAT outperforming

| December 13, 2017

With an expected volume drop of four percent in 2017, British American Tobacco expects to have outperformed the industry.

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New CFO for Swedish Match

New CFO for Swedish Match

| December 12, 2017

Swedish Match’s CEO Lars Dahlgren says the company is fortunate to have a strong replacement for its departing CFO.

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Dividends declared

Dividends declared

| December 8, 2017

The boards of directors of Altria and Philip Morris International this week each declared a regular quarterly dividend.

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Export award for BAT Korea

Export award for BAT Korea

| December 7, 2017

The Sacheon plant operated by British American Tobacco Korea has been presented with an award after doubling its exports within a year.

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KT&G ambitions grow

KT&G ambitions grow

| December 1, 2017

The cigarette manufacturer KT&G has ambitions to knock one of the multinationals out of the top four places of tobacco manufacturers by 2025.

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UK wholesaler goes under

UK wholesaler goes under

| November 29, 2017

There will be logistical and financial consequences following the decision by Palmer & Harvey, the UK’s biggest tobacco wholesaler, to call in the administrators.

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Crew jumps RAI ship

Crew jumps RAI ship

| November 28, 2017

British American Tobacco’s regional director for its Americas region is due to head Reynolds American from next year following the resignation of Debra Crew.

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Tobacco shown the door

Tobacco shown the door

| November 28, 2017

The tobacco sector has joined a list of industries considered by BNP Paribas to be ‘sensitive’; a list that includes defense, nuclear energy and palm oil.

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JT ‘appointment’ unofficial

JT ‘appointment’ unofficial

| November 20, 2017

A story in the Japan Times reporting who was expected to replace the existing president at Japan Tobacco Inc. has not been confirmed by the company.

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JT’s domestic sales down

JT’s domestic sales down

| November 17, 2017

Japan Tobacco Inc.’s domestic cigarette sales volume and the value of those sales each fell by more than 12 percent during October.

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Still working with farmers

Still working with farmers

| November 13, 2017

British American Tobacco, which has been working with tobacco farmers for more than a century, said today it is working to enable prosperous livelihoods for its leaf-supplier farmers.

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Universal’s volume sales up

Universal’s volume sales up

| November 8, 2017

Burley production was down in Africa partly due to the ‘low grower prices’ paid during the previous season when there was ‘excess production’.

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PMI to webcast presentation

PMI to webcast presentation

| November 8, 2017

Philip Morris International’s CFO, Jacek Olczak, will be joined by the president of the company’s Asia region, Martin King, at the Morgan Stanley Global Consumer & Retail Conference.

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Volumes down at Imperial

Volumes down at Imperial

| November 7, 2017

Although its tobacco-product volumes were down by 4.1 percent during its full-year to the end of September, Imperial can take heart from the fact that industry volumes were down by 4.4 percent.

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BAT leaving Philippines

BAT leaving Philippines

| November 6, 2017

Given BAT’s small-scale operation in the Philippines, the highly consolidated nature of the market there and the lack of inorganic opportunities, the company is taking its leave.

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AOI sales increased

AOI sales increased

| November 2, 2017

Alliance One International’s volume sales of leaf tobacco increased by 2.1 percent during the six months to the end of September, while the value of those sales was up by 11.3 percent.

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Market down by 11.8 percent

Market down by 11.8 percent

| November 1, 2017

Japan Tobacco Inc is holding its own on a free-falling domestic cigarette market, but it is still playing catch-up in respect of heat-not-burn products.

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SM’s sales up and down

SM’s sales up and down

| October 30, 2017

At Swedish Match during the third quarter, volume snus sales were up, moist snuff sales were down, cigar sales were up and chewing tobacco sales were down.

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PM USA’s volume down

PM USA’s volume down

| October 27, 2017

Altria’s cigarette shipments were down by 6.2 percent during the third quarter, while its cigar shipments were increased by 6.6 percent and its smokeless-products shipments were down by 1.8 percent.

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