Categories · Business (Tobacco)
· Rothmans
non-USA, by Country · Canada
Organizations · Rothmans B&H
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Jump to full article: Reuters, 2002-07-30
Intro: Rothmans Inc. (Toronto:ROC.TO) said late on Monday its earnings rose in the first quarter due mainly to higher selling prices introduced since the first quarter of last year
Rothmans, whose subsidiary Rothmans Benson & Hedges is Canada's No. 2 cigarette maker, said earnings for the period ended June 30 were C$22.6 million ($14.4 million), or 68 Canadian cents a share, up from earnings of C$15.2 million, or 46 Canadian cents, for the same period a year ago. Last year's results were hit by a special charge.
Analysts polled by the Multex research firm expected a profit of 60 Canadian cents per share.
Revenues were C$146.5 million, an increase of 9.4 percent from C$133.9 million the previous year.
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