Swedish Match reports a 'transformational' year.Read More
Swedish Match reported sales of SEK14.74 billion ($1.53 billion) in 2019, up 14 percent over its 2018 sales. Fourth quarter sales increased 19 percent to SEK3.93 billion.Read More
Pyxus International announced its third quarter results for the period ending Dec. 31, 2019.Read More
Japan Tobacco (JT) reported revenue of ¥2.18 trillion ($19.8 billion) in 2019, down from ¥2.22 trillion in the previous year.Read More
Philip Morris International (PMI) sold 706.71 billion cigarettes and 59.65 billion heated tobacco units in 2019, down 4.5 percent and up 44.2 percent, respectively, over 2018.Read More
Universal Corp. reported net income of $56.1 million for the nine months ended Dec. 31, 2019, compared with $72.8 million for the same period of the prior fiscal year.Read More
Due to U.S. flavor bans and weaker than expected demand for vapor products, Imperial Brands expects its adjusted earnings per share to be lower than last year.Read More
While Altria Group’s second impairment charge for its Juul investment is credit negative, it will have minimal financial impact, according to Moody’s Investors Service.Read More
Altria Group announced on Jan. 30 that it reduced its investment value in Juul Labs to around $12 billion, almost 70 percent less than the $38 billion valuation that Altria bought into in December 2018.Read More
Japan Tobacco International sold its 2.1 percent stake in KT&G of South Korea on Wednesday, ending a decade of strategic partnership.Read More
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