Category: Corporate

BAT volumes increased

BAT volumes increased

| February 22, 2018

Its acquisition of Reynolds American in 2017 meant that British American Tobacco reported volume growth for the year. But it enjoyed too ‘excellent progress in its next-generation-product business.

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New IQOS store in London

New IQOS store in London

| February 21, 2018

The tobacco debate is being re-heated in London, UK, today with the opening by Philip Morris Limited of a fourth IQOS store in the city.

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Taxing problems in Kenya

Taxing problems in Kenya

| February 19, 2018

What should a government – any government – do if its stated aim of using taxation to force smokers to quit comes into conflict with its less-well-advertised aim of increasing revenues?

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Volume down, share up

Volume down, share up

| February 16, 2018

January saw Japan Tobacco Inc.’s domestic cigarette sales volume fall by 14.3 percent, year-on-year, but its market share was up on that of January 2017.

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SM snus volumes up

SM snus volumes up

| February 15, 2018

In announcing Swedish Match’s results for 2017, CEO Lars Dahlgren took the opportunity to mention that his company had pioneered the vision of a world without cigarettes.

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PMI to make presentation

PMI to make presentation

| February 15, 2018

Three top executives from Philip Morris International are due to take part in a consumer analyst group conference later this month.

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Seeking new alliances

Seeking new alliances

| February 9, 2018

Alliance One International, which yesterday announced a rise in volume sales, is seeking to expand into new, added-value business lines that offer improved margins and good growth potential.

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Star Tobacco expanding

Star Tobacco expanding

| February 8, 2018

Star Tobacco’s recent expansion is being reflected in the establishment of bigger facilities in Turkey and Indonesia.

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Presentation to be webcast

Presentation to be webcast

| February 8, 2018

Altria’s CEO Marty Barrington is due to make a presentation at the Consumer Analyst Group of New York conference later this month.

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Universal looking forward

Universal looking forward

| February 7, 2018

Green-leaf purchases have begun in Brazil, and Universal Corporation believes already that its fiscal year 2019 volumes will rise, given a recovery in African volumes and overall market stability.

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JT aims to catch up

JT aims to catch up

| February 7, 2018

Japan Tobacco plans to spend big during the next three years in a race to get ahead in the reduced-risk product category.

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JTI volumes down in 2017

JTI volumes down in 2017

| February 6, 2018

Japan Tobacco’s combustible-cigarette volume fell by 12.5 percent between 2016 and 2017, but the company outperformed the market so its share rose marginally.

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PMI to webcast results

PMI to webcast results

| February 5, 2018

Philip Morris International’s CEO André Calantzopoulos will discuss the company’s outlook for 2018 during a results webcast on February 8.

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Volume down sharply

Volume down sharply

| February 2, 2018

At Altria last year: cigarettes shipments were down by 5.1 percent and shipments of smokeless tobacco were down by 1.4 percent, but shipments of cigars were increased by 9.9 percent.

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Universal to webcast results

Universal to webcast results

| January 24, 2018

Candace C. Formacek, Universal Corporation’s vice president and treasurer, will host a third-quarter-results conference- call on February 6.

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New approach suggested

New approach suggested

| January 23, 2018

Canada’s National Non-Smoking Week has provided Imperial Tobacco with an opportunity again to urge the government to embrace the principles of harm reduction.

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JT’s domestic volume down

JT’s domestic volume down

| January 19, 2018

Last year, Japan Tobacco Inc’s domestic cigarette volume fell by 12.5 percent from that of 2016, but its market share was up marginally.

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Altria to webcast results

Altria to webcast results

| January 19, 2018

The Altria Group’s full-year results, which are due to be issued on February 1, will be the subject of a webcast discussion on the same day.

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Relaxed over tax changes

Relaxed over tax changes

| January 19, 2018

Changes to the US federal corporate tax rate are expected to result in a benefit of less than one percent to Imperial Brands’ adjusted effective tax rate during its current financial year.

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Ploom sales expanding

Ploom sales expanding

| January 10, 2018

After having suffered manufacturing-capacity issues with its Ploom TECH device, Japan Tobacco has indicated that it is ready to start expanding sales of this heat-not-burn product.

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