Category: Financial

JT’s June sales decimated

JT’s June sales decimated

| July 14, 2017

In June, Japan Tobacco Inc’s domestic cigarette sales volume was down by just over 10 percent, while its domestic cigarette revenue was down by just under 10 percent.

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Results webcasts scheduled

Results webcasts scheduled

| July 14, 2017

Later this month both Philip Morris International and the Altria Group are due to webcast their second-quarter results: PMI on July 20; Altria on July 27.

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Tobacco hospitals opposed

Tobacco hospitals opposed

| July 12, 2017

The idea that tobacco companies should become involved in hospitals was always going to run into opposition. What next? Tobacco schools?

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Research under-appreciated

Research under-appreciated

| June 26, 2017

The once-famous tobacco research station at Kutsaga, Harare, is struggling with problems created by underfunding.

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Jobs targeted at Reynolds

Jobs targeted at Reynolds

| June 22, 2017

British American Tobacco estimates that its proposed acquisition of Reynolds American Inc will result in cost savings of $400 million by 2020.

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Shareholders go to court

Shareholders go to court

| June 21, 2017

Reynolds American Inc. shareholders are seeking more information than they have been given in respect of the proposed acquisition of the company by British American Tobacco.

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SM announces buy-back

SM announces buy-back

| June 21, 2017

A Swedish Match share buy-back program launched yesterday is due to run until July 21.

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MSA scam alert

MSA scam alert

| June 19, 2017

US state attorneys general have warned that an online advertisement could mislead people into believing they are eligible for thousands of dollars a month in tobacco settlement payments.

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Sales down at Alliance

Sales down at Alliance

| June 15, 2017

Alliance One International was hit in fiscal 2017 by the triple whammy of smaller leaf tobacco crops in Brazil, Tanzania and the US, but the outlook for fiscal 2018 is brighter.

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Flue-cured output to rise

Flue-cured output to rise

| May 24, 2017

Flue-cured production is set to rise and Burley production is set to fall during the next 12 months, according to Universal Corporation, which issued its annual results yesterday.

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JT domestic volume down

JT domestic volume down

| May 19, 2017

In April, Japan Tobacco Inc’s domestic-market cigarette volume was down by 3.4 percent, while its domestic-market cigarette revenue was down by 3.1 percent.

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Results due May 23

Results due May 23

| May 12, 2017

Vice president and treasurer Candace C. Formacek will host Universal Corporation’s webcast of its results conference call.

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Vapor pushing out smoke

Vapor pushing out smoke

| May 10, 2017

Part of the reason for a sharp decline in Japan Tobacco Inc’s domestic cigarette sales during the first quarter of this year was the increase in industry sales of vapor products.

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Swedish Match sales up

Swedish Match sales up

| May 9, 2017

Swedish Match enjoyed a six percent increase in sales – three percent calculated in local currencies – during its first quarter of 2017.

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RAI’s cigarette volume down

RAI’s cigarette volume down

| May 4, 2017

RAI’s honeymoon with Newport seems to be over. First quarter Newport volume was down by 2.9 percent, though the brand’s market share was up by 0.1 of a percentage point.

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Imperial’s volume down

Imperial’s volume down

| May 3, 2017

Imperial Brands’ tobacco volume was down by 5.7 percent during its first six months, according to the company’s interim results issued today.

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PMI to webcast meeting

PMI to webcast meeting

| April 27, 2017

Philip Morris International’s chairman, Louis C. Camilleri, and its CEO, André Calantzopoulos, will address the company’s annual meeting of shareholders on May 3.

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PMI’s cigarette volumes tumble

PMI’s cigarette volumes tumble

| April 21, 2017

During the first quarter of this year PMI’s cigarette volumes were down by 11.5 percent on those of the first quarter of 2016. Adding in IQOS volumes reduced that fall to 9.4 percent.

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RAI to publish results

RAI to publish results

| April 20, 2017

Reynolds American Inc. is due to publish its first quarter results on May 3.

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Altria to webcast results

Altria to webcast results

| April 19, 2017

Discussion of Altria’s first-quarter results will be the subject of a webcast on May 2.

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