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News analysis

Altria’s focus on reduced-risk products drives strong growth in oral tobacco sales

Written by || 4th November 2024 || News analysis | Financial results | Major brands | Market sizes | Modern oral | GeographiesNorth America United States

Altria’s third-quarter results showcased significant growth in its oral tobacco products and a strategic focus on expanding reduced-risk offerings.

“The smokeable products segment delivered solid operating companies income growth behind the resilience of Marlboro,” said Altria’s CEO Billy Gifford, “and in the oral tobacco products segment, our MST [moist smokeless tobacco] brands continued to drive profitability while On! maintained momentum in the marketplace.”

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Antonia Di Lorenzo

Assistant news editor/senior reporter
Antonia is a member of the editorial team and holds a masters degree in Law from the University of Naples Federico II, Italy. She moved in 2013 to London, where she completed a postgraduate course at the London School of Journalism. In the UK, she worked as a news reporter for a financial newswire and a magazine before moving to Barcelona in 2019.

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