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