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Japan Tobacco Lifts Operating Profit View on Yen, Overseas Gains

boosted its operating profit forecast for the fiscal year on benefits from a weaker yen, asset sales and higher prices in some overseas markets. Operating profit will probably be 632 billion yen ($6.4 billion) for the year ending March 2014, higher than
Bloomberg News
added Oct 31, 2013 13:15
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Altria's Profit Rises as Smokeless Products Gain Favor

The company has benefited from growing interest in smokeless products such as Copenhagen and earlier this year unveiled plans to enter the fast-growing e-cigarette market. Altria's smokeless products saw continued strength as volume increased 9.5%, led
The Wall Street Journal Interactive Edition
added Oct 24, 2013 18:28
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Cigarette maker Lorillard 3Q profit falls 9 pct

Cigarette maker Lorillard Inc.'s third-quarter profit fell about 9 percent on legal costs and the acquisition of an overseas electronic cigarette company, but its adjusted results beat Wall Street expectations.
AP - Associated Press
added Oct 23, 2013 20:48
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Earnings Preview: Philip Morris Int'l to report 3Q

WHAT TO WATCH FOR: Whether cutting costs and raising prices continued to help Philip Morris International compensate for smokers buying fewer, or cheaper, cigarettes. Smokers face new tax increases, bans and other tobacco-control efforts, as well as hea
AP - Associated Press
added Oct 17, 2013 07:13
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Philip Morris' Earnings Face Headwinds From Anti-Tobacco Measures, Strengthening U.S. Dollar

( PM ) is set to report its third quarter earnings on October 17. We expect the results to be negatively impacted by lower volumes from Philippines where a sharp hike in indirect taxes implemented earlier this year has disrupted an otherwise flourishing t
NASDAQ
added Oct 17, 2013 07:10
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JTI Malaysia net profit up5.2% in Q2

net profit increased 5.2% to RM30.9 million in the second quarter ended June 30 2013 compared to RM29.4 million a year earlier, driven by higher sales volume, increased net margins and better product mix.
Sun Daily (my)
added Aug 26, 2013 11:34
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Smoking Rates Are on the Decline, but Not So Big Tobacco

But now, these companies might soar higher than ever on the back of a new trend -- one that gets around pesky smoking laws and quarantine-esque smoking lounges. It's Electrifying In the U.S. as well as abroad, electronic cigarettes are fast becoming a c
Daily Finance (AOL)
added Aug 23, 2013 18:04
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[Europe] Philip Morris' Potential Downside From The EU's Illegal Cigarette Trade

The European Union (EU) contributes ~28% to Philip Morris International’s (NYSE:PM) consolidated net revenues and is the most profitable division of the company with adjusted EBIDTA margins of over 50%. The division contributes over 25% to the company’s t
Trefis
added Aug 22, 2013 16:41
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British American Tobacco CEO and FD Interviewed on 2013 Half-Year Results

Robust market share and solid pricing have contributed to a strong set of results for the first half of the year, according to BAT's CEO Nicandro Durante, in spite of a very difficult economic environment.
PR Newswire
added Jul 31, 2013 16:16
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Slow profit growth to keep European tobacco stable till 2015

The outlook for the European tobacco industry will remain stable over the next 12-18 months, reflecting an expected slowing of operating profit growth to around 4.5%-5.5% versus the previous expectation of 7% growth, Moody's said in its latest Industry O
Financial Mirror (uk)
added Jul 29, 2013 15:40
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