Written by Antonia di Lorenzo || 1st February 2023 || News analysis | Heated tobacco | Major brands | Modern oral | North America United States Virginia
Tobacco giant Altria’s net revenues in the oral tobacco segment fell slightly in 2022 despite its nicotine pouch brand On! reporting a positive performance.
The US-based manufacturer reported total net revenue down by 3.5% to $25.1bn in 2022 compared to the previous year. For the fourth quarter, net revenues declined 2.3% to $6.1bn. ...
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