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 Read More
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 Read More
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.Read More
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 Read More
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 Read More
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 Read More
An increase in in Canada’s Manitoba province’s tobacco tax has some smokers and tobacconists worried about the holes it’s expected to burn through their wallets and bottom lines. On April 16, the province Read More
Altria Group Philip Morris USA unit falsely marketed its “light” cigarettes as a healthier choice than regular cigarettes and should pay $543.6 million in restitution to California smokers, a lawyer said at the start of a Read More
Japan Tobacco, the world’s best-performing cigarette maker this year, forecast a record profit that beat analyst estimates and raised its projected annual dividend by 35 percent on rising overseas sales and a weaker yen, according Read More
British American Tobacco reported revenue growth of 5 percent at constant rates of exchange in the first quarter ended March 31, adding that global drive brand cigarette volumes grew by 1 percent. The report stated: Revenue growth of 1 Read More