Tag Archives: tobacco company

David Taylor, New Head of Imperial Tobacco Subsidiary

Before official formation of American subsidiary of Imperial Tobacco Group Plc, it changed its top executive. Last week, the representatives of the tobacco company told that there was named David Taylor, chief financial officer of Lorillard Inc., as chief executive of ITG Brands LLC on the final Imperial’s acquisition of the volume of Lorillard’s assets. The company also told that … Continue reading Continue reading

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Philip Morris International is Called Europe’s Top Employer

Philip Morris International, tobacco company that produces Marlboro Red cigarettes, on February 10 was named top employer in Europe. The company is best employer three years in line due to implementation of highest standards of excellence in its working environment. Besides this, PMI’s affiliates were called leading employers in 15 countries in Europe . The estimation was made by Top … Continue reading

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Tobacco Companies Increase Their Cigarettes Prices

Prices on cigarettes in the USA go up again, because three major tobacco makers continue trying to get revenue in spite of smoking volumes drop. R.J. Reynolds Tobacco Co., Philip Morris USA and  Lorillard Inc. increased list prices on their cigarettes by 7 cents a pack. The last price increase occured in May current year. To note that list price … Continue reading

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Annual Profits of Imperial Tobacco Increased by 57%

Imperial Tobacco, the maker of Gauloises cigarettes, told that company’s annual net income increased by 57% that is in part boosted by a major cost-cutting drive.  Profits after taxation increased to $2.27 billion in the twelve months to September. For example, last year in the same period of time the company;s profits were $1.44 billion. Investors said they like the … Continue reading

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Third Quarter Report by Reynolds American

Net income of Reynolds American Inc, the manufacturer of Camel cigarettes, increased by 2.2% in the third quarter due to high cigarette prices which helped to compensate decline in cigarette sales. The tobacco company’s income increased to $467 million (88 cents per share) for the quarter which ended on September 30. In the same period in 2013, the company reported … Continue reading

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BAT NZ Reported High Profits

British American Tobacco in New Zealand (BAT NZ) is the largest tobacco company, which produces Dunhill cigarettes. Recently it reported its biggest annual profit since 1999, after revenues increased by 15% as it cut costs while increased excise tax hiked prices. According to the report, the tobacco company boosted profit to $132 million in 2013 from $115 million in 2012. … Continue reading

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Top Five Leading Tobacco Companies in the World

1. Altria/Philip Morris USA – $23.8 billion revenue Besed in the USA, Altria Group Inc. was known at the beginning as Philip Morris Companies Inc.  Altria is the parent company of Philip Morris USA,  Philip Morris Capital Corporation, US Smokeless Tobacco Company, John Middleton Inc. and Chateau Ste. Michelle Wine Estates. Altria earned revenues of $23.8 billion, with a net … Continue reading

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British American Tobacco Launches Dunhill Limited Edition

British American Tobacco, the largest tobacco company in the world, in order to give their new products a distinctive trademark turned to ideas used in wine industry. The company released limited edition of its Dunhill cigarettes belonging to premium brands. The new modern premium package for these cigarettes contains the information about lineage of the leaf used and the year … Continue reading

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Philip Morris International

Philip Morris International is an approximately $157 billion dollar firm marketing cigarettes in almost 160 countries. The firm does not deal with the sale of cigarettes in the U.S., unlike another tobacco company, Altria. The tobacco company positions nearly 18.5x trailing earnings estimates, and almost 16x forward earnings estimates. The corporation’s income margin is 27 percent, and its operating margin … Continue reading

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Reynolds to offer more menthol versions of Pall Mall cigarettes

R.J. Reynolds Tobacco Co., the second-largest tobacco company in the U.S., intends to extend the current growth in Pall Mall cigarette sales by adding more menthol variants. The cigarette group has launched Pall Mall Black and Pall Mall White to complete its standard menthol style, Pall Mall Green. Richard Smith, Reynolds spokesman, said that the black style provides “a full-flavor … Continue reading

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