Category: Financial

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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CEO collects $27.6 million

CEO collects $27.6 million

| April 10, 2017

Altria’s CEO Martin Barrington saw his pay rise by 107 percent between 2015 and 2016, to US$27.6 million.

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Beyond the smoke

Beyond the smoke

| April 10, 2017

In its latest annual report, Ceylon Tobacco Company has emphasised its contribution to Sri Lanka’s economy.

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€100 million in unintended consequences

€100 million in unintended consequences

| April 7, 2017

The introduction of standardized tobacco packaging in France is apparently costing the French taxpayer €100 million in compensation to tobacconists.

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Video: CEO on BAT results

Video: CEO on BAT results

| March 7, 2017

CEO Nicandro Durante comments on British American Tobacco’s 2016 performance.

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Cham reports growth

Cham reports growth

| February 28, 2017

The Cham Paper Group reported 2016 net revenue of chf198 million ($197 million), compared with chf194.3 million in 2015.

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BAT volumes up in 2016

BAT volumes up in 2016

| February 23, 2017

Global Drive Brands, whose volumes were increased by 7.5 percent during 2016, now account for nearly half of British American Tobacco’s total cigarette volumes.

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Tobacco profits being eyed

Tobacco profits being eyed

| January 31, 2017

Some people want tobacco manufacturers to contribute to a social-care funding crisis in England, but it is austerity that is at the root of the problem, and that was occasioned by the actions of banks.

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Universal results webcast

Universal results webcast

| January 31, 2017

Vice president and treasurer Candace C. Formacek is due to host a Universal Corporation webcast of the company’s third-quarter results.

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Acquisition spoils to winner

Acquisition spoils to winner

| January 30, 2017

Job losses comprise the major downside of acquisitions, but there is typically also a siphoning and redirection of community support funds.

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PMI to webcast results

PMI to webcast results

| January 27, 2017

Philip Morris International’s 2016 results and its 2017 outlook will both be under discussion during a live audio webcast due to be aired on February 2.

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Sales bounce back

Sales bounce back

| January 24, 2017

Cigarette sales in South Korea increased by more than nine percent last year as smokers got used to the tax hike introduced at the start of 2015, which knocked sales in that year.

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JT’s domestic volume down

JT’s domestic volume down

| January 20, 2017

Japan Tobacco Inc.’s December domestic cigarette volume was down on that of December 2015, but, over the same period, its domestic cigarette revenue increased.

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Tobacco profits robust

Tobacco profits robust

| January 16, 2017

Cigarette sales rose by between nine and 10 percent in Morocco last year; so it was a good year to be involved in the tobacco trade there.

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Altria ups dividend 8.3%, plans repurchase program

Altria ups dividend 8.3%, plans repurchase program

| August 25, 2014

Altria Group MO in Your Value Your Change Short position said that its board voted to boost the company’s quarterly dividend by 8.3 percent, according to The Wall Street Journal. The largest U.S. cigarette manufacturer in sales raised the dividend to $0.52 cents a share from $0.48 cents, meaning its yield would be about 4.9 percent based on […]

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Revenue up, profit down for JT

Revenue up, profit down for JT

| July 30, 2014

Japan Tobacco reported revenue of ¥556.4 billion ($5.4 billion) in the first quarter of 2014, compared with revenue of ¥547.9 billion in the comparable 2013 quarter. The company made an adjusted operating profit of ¥148.9 billion during the three months, compared with ¥151.4 billion a year earlier. The revenue increase was driven by a robust […]

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