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Tobacco

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AMVIG Holdings issues profit warning<2300.HK>

Monday, 25 Jul 2016 05:23am EDT

AMVIG Holdings Ltd <2300.HK>: Profit warning <2300.HK> . Expected decrease is primarily attributable to a fall in revenue of the group . Underlying profit attributable to the equity holders for six-month period ended 30 June 2016 will decrease by about 40% .

India's ITC Ltd June-qtr profit up 10 pct

Thursday, 21 Jul 2016 07:55am EDT

ITC Ltd : India's ITC Ltd - June-quarter net profit 23.85 billion rupees . India's ITC Ltd - June-quarter revenue from operations 131.57 billion rupees . Consensus forecast for June-quarter net profit was 24.66 billion rupees . India's ITC Ltd - net profit in June-quarter last year was 21.66 billion rupees as per IND-AS; revenue from operations was 121.50 billion rupees .

Philip Morris says Q2 adjusted earnings $1.15/ share

Tuesday, 19 Jul 2016 06:59am EDT

Philip Morris International Inc : Q2 revenue $19 billion . Q2 revenue view $6.77 billion -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share $1.15 . Q2 earnings per share view $1.20 -- Thomson Reuters I/B/E/S . Qtrly cigarette shipment volume of 209.3 billion units, down by 4.8 percent . Qtrly cigarette shipment volume was particularly impacted by declines in low-margin geographies . Revises 2016 full-year reported diluted EPS forecast for currency only to be in a range of $4.45 to $4.55, at prevailing exchange rates, versus $4.42 in 2015 . Full-year 2016 earnings per share view $4.47, revenue view $26.93 billion -- Thomson Reuters I/B/E/S . Sees full-year 2016 earnings per share $4.45 to $4.55 . Expect growth to be skewed towards second half of this year, and Q4 in particular . Revises 2016 full-year reported diluted EPS forecast for improved currency .Philip Morris International Inc says "Nevertheless, we remain fully on track to deliver our full-year guidance, revised today for improving currency".

Japan Tobacco gets 40 pct stake in National Tobacco Enterprise Ethiopia S.C for $510 mln

Sunday, 17 Jul 2016 09:40pm EDT

Japan Tobacco Inc <2914.T>: Says it got 40 percent stake in National Tobacco Enterprise Ethiopia S.C from Ethiopian government for $510 million .Says National Tobacco Enterprise Ethiopia S.C is engaged in production and sales of the tobacco brand "Nyala".

Pobis TNC appoints Nam Gong Jung as co-CEO

Friday, 15 Jul 2016 04:23am EDT

Pobis TNC <016670.KQ> CO., Ltd; : Says it appoints Nam Gong Jung as co-CEO of the co, to replace Kim Hak Su, effective July 15 .Says current co-CEO, Lee Hyoek Su will still serve as co-CEO.

British American Tobacco Kenya posts HY profit after tax of 2.15 bln shillings

Thursday, 14 Jul 2016 10:28am EDT

British American Tobacco Kenya Ltd : Six months ended 30 june 2016 profit after tax 2.15 billion shillings versus 1.94 billion shillings year ago . Six months ended 30 june 2016 net revenue 10.39 billion shillings versus 10.55 billion shillings last year . Recommends interim dividend for year ending 31 dec 2016 of 3.50 shillings Further company coverage: [BAT.NR] ((Bengaluru Newsroom; +91 80 6749 1130 ;)).

Alliance One International says Q4 EPS $11.33

Tuesday, 12 Jul 2016 06:05am EDT

Alliance One International Inc : Alliance One International reports improved fiscal year 2016 and fourth quarter earnings . Q4 earnings per share $11.33 . Q4 sales $732.3 million . Says internal forecasts anticipate improved sales and adjusted EBITDA for fiscal year 2017 when compared to 2016 . Restructuring that began in march 2015 is on track to deliver over $35.0 million of anticipated recurring annualized savings . Says forecasting increased sales and adjusted EBITDA in second half of fiscal year 2017 versus first half of year . During fiscal year 2017 we are targeting about $15.0 million of capital expenditures for maintenance . Internal forecasts anticipate improved sales and adjusted EBITDA for fiscal year 2017 when compared to 2016 . Reconsolidated Zimbabwe operations as of March 31, 2016 and recorded an associated gain of $106.2 million in other operating income .During fiscal year 2017, targeting roughly $8 million related to rebuilding warehouse damaged by fire in Zimbabwe.

Philip Morris International comments on tribunal's decision in arbitration between PMI and Uruguay

Friday, 8 Jul 2016 04:01pm EDT

Philip Morris International Inc : Comments on decision of ICSID tribunal in arbitration between PMI, Uruguay regarding 2 regulations Uruguay implemented in 2009 . PMI is no longer a party to any investment protection claims . Friday's outcome doesn't change status quo ."We reiterate our willingness to meet with representatives of Uruguayan government".

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