The company blames seasonal fluctuation in the import of tobacco leaf products and a coronavirus-driven decline in duty-fee cigarette sales. Read More
The firm is no longer suitable for listing after its Chapter-11 filing, says NYSE. Read More
Restructuring expert is cautiously optimistic that the insolvency proceedings will rehabilitate the company.Read More
Health risks are compounded by drivers such as customer relations, responsible production and demographic and societal trends.Read More
Agricultural firm announces comprehensive agreement to deleverage balance sheet and position company for long-term growthRead More
The devaluation of the local currency against major trading currencies has hurt consumers' disposable incomes. Read More
The financial services company expects the sector's operating profits to rebound in 2021. Read More
The company says it is on-track to deliver second quarter reported diluted earnings per share toward the upper end of its previously communicated range of $1 to $1.10. Read More
Disruptions caused by the Covid-19 pandemic have dampened the outlook for the world's second-largest international cigarette manufacturer. Read More
The tobacco firm reports strong volume and value share growth across its combustibles business, together with good share growth across its new categories.Read More