Tag: financials

  • Universal Announces Quarterly Dividend

    Universal Announces Quarterly Dividend

    Universal Corporation announced its board of directors has declared a quarterly dividend of $0.82 per share, payable May 4, to shareholders of record as of April 15. The company, operating across more than 30 countries, said the dividend reflects its ongoing shareholder return strategy. Universal has more than a century of experience supplying agricultural products through an international network of farmers and partners, supported by integrated processing capabilities and sustainability-focused supply chain operations.

  • KT&G Reports Record Numbers on 10% Growth

    KT&G Reports Record Numbers on 10% Growth

    KT&G reported record financial performance for 2025, with fourth-quarter consolidated revenue rising 10.1% year over year to KRW 1.7 trillion ($1.2 billion) and operating profit increasing 17.1% to KRW 248.8 billion ($169.2 million). In financials released today (Feb. 5), the company said full-year revenue grew 11.4% to a record KRW 6.58 trillion ($4.5 billion), while operating profit climbed 13.5% to KRW 1.4 trillion ($918 million), or KRW 1.4 trillion ($965.6 million) on an adjusted basis excluding one-time labor costs. The company attributed the results to structural reforms and global competitiveness initiatives implemented under CEO Kyung-man Bang, with its global cigarette business delivering record revenue, volume, and operating profit. International cigarette revenue rose 14.6% to KRW 1.9 trillion ($1.3 billion) and, for the first time, accounted for 54.1% of total cigarette revenue, supported by volume growth and strategic pricing actions.

    KT&G’s next-generation product (NGP) segment also expanded, with revenue increasing 13.5% to KRW 890.1 billion ($605 million) and stick volumes reaching 14.8 billion units. The company signaled a broader NGP strategy beyond heated tobacco, including portfolio diversification into nicotine pouches following its acquisition of Another Snus Factory. Management emphasized that NGP expansion is intended to complement core combustible operations while strengthening long-term tobacco category competitiveness across domestic and international markets.

    Looking ahead, KT&G outlined 2026 growth targets supported by a KRW 2.4 trillion ($1.6 billion) capital investment program aimed at expanding global manufacturing capacity, including new facilities in Kazakhstan and Indonesia. The company expects these investments to support cost reductions, pricing optimization, and business model diversification through OEM and licensing partnerships. KT&G is targeting revenue growth of 3% to 5% and operating profit growth of 6% to 8% while maintaining a total shareholder return of at least 100%, supported by a dividend payout ratio of 50% or higher and potential share repurchases.

  • Universal Announces 3Q Conference Call

    Universal Announces 3Q Conference Call

    Universal Corporation announced it will release results for its fiscal third quarter 2026 before market open on February 9, followed by a conference call and webcast at 5 p.m. ET. The company will host the call in listen-only format via its website, with a replay available online through May 9, and by phone through February 23.

  • PMI to Host Q4 and FY25 Webcast February 6

    PMI to Host Q4 and FY25 Webcast February 6

    Philip Morris International said it will host a live audio webcast on February 6 at 9 a.m. ET to discuss its fourth-quarter and full-year 2025 financial results, which are scheduled to be released two hours prior. The listen-only webcast will be hosted by Group CEO Jacek Olczak and CFO Emmanuel Babeau and will include a presentation of results followed by a Q&A session with investors. A recording, slides, and transcript will be available after the event for one year, and the webcast can also be accessed through PMI’s Investor Relations mobile app.

  • Scandinavian Narrows 2025 Outlook After Steady Q3 Performance

    Scandinavian Narrows 2025 Outlook After Steady Q3 Performance

    For the first nine months of 2025, Scandinavian Tobacco Group A/S (STG) reported net sales of DKK 6.7 billion ($1.1 billion), EBITDA margin of 19.9%, and free cash flow before acquisitions of DKK 448 million ($71.2 million), up from DKK 327 million ($52.3 million) a year earlier. STG reported third-quarter 2025 net sales of DKK 2.4 billion ($384 million), with organic growth flat year-on-year and EBITDA before special items at DKK 519 million ($83million), reflecting a 22% margin versus 23.4% last year.

    The company said results were broadly in line with expectations, though exchange rate pressures weighed on reported sales. Growth was recorded in Handmade Cigars and Next Generation Products, offset by declines in Machine-Rolled Cigars and Smoking Tobacco. CEO Niels Frederiksen noted that while market conditions remain challenging, the group saw stabilization in handmade cigars and growth in nicotine pouches. However, market share in machine-rolled cigars was affected by the rollout of STG’s new global SAP system.

    The company narrowed its full-year guidance to reflect better visibility heading into year-end and the effect of USD movements. STG plans to unveil its next five-year strategy on November 20, outlining growth priorities and stakeholder value initiatives.

  • Pyxus International to Report Q2 FY2026 Results November 12

    Pyxus International to Report Q2 FY2026 Results November 12

    Pyxus International, Inc. said it will release its second-quarter fiscal 2026 financial results November 12, before market open. The company will host an earnings call and webcast at 9 a.m. EST to discuss the results.

    Those interested can call +1 (646) 769-9200 or (800) 330-6710 with conference ID 2153372, or access the live webcast via Pyxus’ investor relations webpage. A press release and Q2 presentation will be available prior to the call. An archived recording will be posted shortly after the call.

  • Turning Point to Host Q3 Call on November 5

    Turning Point to Host Q3 Call on November 5

    Turning Point Brands, Inc. announced it will host a conference call November 5 at 8:30 a.m. EST to review Q3 2025 results. Listeners in the U.S. can call 800 715-9871, while international listeners call +1 646 307-1963. The event ID is 6640134.

    Participants should call at least 10 minutes in advance and follow the audio prompts to register. The call will also be broadcast live as a listen-only webcast from the investor relations section of the company’s website. The replay of the webcast will be available on the site two hours following the call.

  • Imperial on Track for Full-Year Guidance

    Imperial on Track for Full-Year Guidance

    Imperial Brands has issued a pre-close trading update for full-year 2025, according to a press release. This is the fifth and final year of the company’s 2021 strategy and its FY25 performance provides a strong foundation looking ahead to the next phase of the company’s strategy to 2030, according to a press release.

    At constant currency, Imperial is on track to deliver low single-digit tobacco and NGP net revenue growth for FY25, with group adjusted operating profit growth at a similar rate to last year, in line with guidance. NGP losses are expected to be broadly flat year on year.

    Adjusted operating cash conversion remains strong, and the company expects its full-year leverage to continue to be at the lower end of its 2.0 to 2.5 range for adjusted net debt to EBITDA.

    Taking dividends and buyback together, Imperial expects its capital returns to shareholders will exceed £2.7 billion in the coming fiscal year, representing around 11% of its current market capitalization. Over the past five years from FY21 to FY25, Imperial has delivered a cumulative c. £10 billion of capital returns to shareholders.

    Annual results for the year ended 30 September 2025 will be announced on 18 November 2025.

  • 22nd Century to Release Financials Aug. 14

    22nd Century to Release Financials Aug. 14

    22nd Century Group, Inc. announced today (August 7) that it will host a webcast on Thursday, August 14, at 8 a.m. ET to discuss its 2025 second quarter results, which are to be reported in a press release two hours earlier.

    During the webcast, Larry Firestone, chairman and CEO, and Dan Otto, CFO, will review financial results, discuss progress made in the recent months, and update plans for the 2025 year.

    The live and archived webcast will be accessible on the events web page in the Investor Relations section of the company’s website, at https://ir.xxiicentury.com/events.

  • PMI to Host 2Q, First-Half Webcast

    PMI to Host 2Q, First-Half Webcast

    Today (July 15), Philip Morris International Inc. announced it will host a live audio webcast on July 22 at 9 a.m. ET, to discuss its 2025 second quarter and first-half results, which will be issued at approximately 7 a.m. that day. The webcast will be available at at www.pmi.com/2025Q2earnings.

    The webcast will be hosted by Emmanuel Babeau, Chief Financial Officer, and will include a discussion of PMI’s financial results and a Q&A session with the investment community. The webcast will be in a listen-only mode. The webcast may also be accessed on mobile devices by downloading PMI’s Investor Relations App at www.pmi.com/irapp.

    The webcast recording, slides, and script will be available at www.pmi.com/2025Q2earnings for one year post-event.