Categories · Business (Tobacco)
non-USA, by Country · Canada
Organizations · Rothmans B&H
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(Adds details, analyst comment, stock prices, changes dateline from previous Toronto) Jump to full article: Reuters (uk), 2007-10-26 Author: Name
Intro: Second-quarter profit at Rothmans Inc , Research) rose nearly 18 percent, on the back of higher prices and stronger sales, Canada's No. 2 cigarette maker said on Friday.
Toronto-based Rothmans, which makes Rothmans, Craven A and Benson & Hedges brand cigarettes, also announced a 16 percent increase to its annual dividend to C$1.40 from C$1.20.
Net earnings in the quarter ending Sept. 30 increased to C$33.3 million ($34.7 million), or 49 Canadian cents a share, from C$28.3 million, or 41 Canadian cents a share, in the year-earlier quarter.
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