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News analysis

JT delivers strong Q3 results, powered by Ploom sales and robust global expansion

Written by || 31st October 2024 || News analysis | Financial results | Heated tobacco | Major brands | Market sizes | GeographiesAsia Europe Japan North America Philippines Russia Spain Taiwan Turkey United States

Japan Tobacco Group (JT) delivered a standout third quarter, fuelled by surging demand in its tobacco and heated products sectors and a significant global expansion.

During the presentation of its financial results, JT reported a strong third quarter, with revenue surging by 11% to JPY2,393.3bn ($15.7bn), driven by strategic price increases in its tobacco segment and a 40% jump in Ploom device sales.

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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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