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News analysis

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

Written by || 28th January 2022 || News analysis | Major brands | Modern oral | GeographiesNorth America United States

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

Newsdesk editor/EU lead 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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