Tobacco

Dutch To Ban Cigarette Sales In Supermarkets From 2024

The Netherlands will ban the sale of cigarettes and other tobacco products in supermarkets from 2024 in a drive to get more people to give up smoking, the...

Imperial Brands Full-Year Revenue Up Slightly

Tobacco company Imperial Brands forecast better profits for 2021 on Tuesday, helped by expected improvements in its e-cigarette business, which d...

Imperial Brands Completes Sale Of Worldwide Premium Cigar Businesses

Imperial Brands PLC has announced that it has completed the sale of its worldwide premium cigar businesses (Premium Cigars) for €1.23 billion. The...

Imperial Brands Sees Full-Year Revenue Flat, Earnings Down

British tobacco company Imperial Brands forecast full-year net revenue to be broadly flat and in line with market estimates, as it works through the impact...

Alcohol, Tobacco Tax Revenues Jump In Norway Due To Closed Borders

Revenue from alcohol taxes rose by 19% in Norway between January and August of this year, largely due to the closed border with neighbouring Sweden, new da...

BAT First-Half Profit Tops Estimates On Market Demand

British American Tobacco reported better-than-expected profits on Friday, as the company sold more high-priced cigarettes and saw strong demand for vaping...

Marlboro Maker Altria Forecasts Higher 2020 Earnings

Marlboro maker Altria Group Inc said on Tuesday it expected full-year earnings to rise as much as 4% from last year and announced plans to make its IQOS he...

Operating Profits In Tobacco Industry Set To Rebound In 2021, Moody's Says

Operating profits in the global tobacco sector will decline this year, but look set to rebound in 2021, ensuring a stable outlook for the industry, accordi...