Altria revenue decline compensated for by uptick in oral tobacco in late 2021

Tobacco giant Altria’s net revenues slightly declined in 2021, partially offset by growth in the company’s oral tobacco products segment.

The Virginia, US-based manufacturer reported total net revenue down by 0.5% to $26.01bn in 2021 compared to 2020. For the last quarter of the year, the company reported net revenues down 0.5% to $6.25bn. 

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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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