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RAI reports solid full-year results 

Jump to full article: PR Newswire, 2009-02-11
Author: SOURCE Reynolds American Inc.

Intro:

At a Glance

-- Full-year 2008 reported EPS up 3.2 percent at $4.57; adjusted EPS up 5.0 percent at $4.80

-- 2008 4Q reported EPS down 11.9 percent at $0.89; adjusted EPS up 10.4 percent at $1.27

-- 4Q reported EPS includes non-cash trademark impairment charges of $145 million and an investment impairment of $33 million

-- 2008 highlights:

-- R.J. Reynolds, Conwood increase adjusted operating margins

-- Camel, Grizzly expand successful new styles

-- R.J. Reynolds' growth brands continue share gains

-- Conwood delivers double-digit volume growth

-- RAI sharpens focus on innovation

-- RAI credit raised to investment grade

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