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Which tobacco and tobacco alternative brands are the leading the market around the world and which tobacco manufacturers are enduring flagging margins? Access all of our independently researched news coverage of the industry’s financial performance from this page. From British American Tobacco’s optimistic growth predictions for tobacco alternatives to Imperial’s quarterly results, our team of journalists will keep you informed.
A growing share of the Japanese heated tobacco market and the launch of the Ploom X heat-not-burn (HnB) device in the UK contributed to Japan Tobacco International (JTI) posting positive figures for 2022
British American Tobacco (BAT) enjoyed a 37% rise last year in revenues from novel products, with growing contributions across all three of its new categories, led by its brands Vuse, Velo and Glo Hyper
Japan Tobacco International (JTI) has reported increases in sales of reduced-risk products, helping offset falling shipment volumes of combustible tobacco products
British American Tobacco (BAT) saw revenue from its new products category portfolio rise by 45% in the first half of the year, with good returns from its modern oral and heated tobacco portfolio
Altria saw $5.9bn in revenue in Q1 2022 – a decrease from both Q4 2021 ($6.25bn) and by 2.4% compared to Q1 2021
British American Tobacco (BAT) saw revenue from its new products category portfolio rise by 42.4% in 2021 to £2.05bn, driven in part by an increase in sales of its modern oral products
Japan Tobacco International (JTI) will look to prioritise heated tobacco as part of its commitment to break even on its reduced risk portfolio (RRP) by 2027
Philip Morris International (PMI) posted positive numbers for 2021, helped by higher unit volumes in heated tobacco and outstanding initial results from its fourth-generation heated tobacco device Iqos Iluma
Tobacco giant Altria’s net revenues slightly declined in 2021, partially offset by growth in the company’s oral tobacco products segment
2021 may have been a downer in many other areas but the year saw phenomenal growth across tobacco alternatives, including in the oral segment, heated tobacco and nicotine pouches
Tobacco giant Imperial Brands has told investors that the ongoing trials of its Pulze heated tobacco device and iD consumables in Central and Eastern Europe were “progressing well”
Japan Tobacco International (JTI) has posted positive figures for the first nine months of the year, with a good performance from its reduced-risk products in its domestic market
Altria posted a 4.7% revenue decline in the third quarter of the year, mainly driven by the continuing poor performance of its smokable segment but neutralised by the growth of its oral products in the US
Swedish Match has reported 9% growth in global sales in the first nine months of 2021, driven by its smoke-free portfolio in the US and Scandinavia, but profit and market share have not lived up to forecast
Philip Morris International (PMI)’s net revenues were up by 9.1% in the third quarter of 2021 thanks to the growth of its heated tobacco segment
JTI posted positive numbers in the first half of the year, with good performance from its reduced-risk products and improvement in its full-year guidance after the launch of Ploom X
Altria has presented positive numbers for the first half of the year, while also announcing a delay in further expansion of Iqos consumables in the US until a patent infringement case is resolved
Philip Morris International (PMI)’s net revenues were up by 10% in the first half of 2021, with smoke-free products accounting for 28.5% of the total
British American Tobacco (BAT) has upgraded its annual forecast with an expectation of strong growth in new categories in post-pandemic times and a planned further rollout of its heated tobacco portfolio
Heated tobacco distributor Logista enjoyed an increase in business in the first six months of fiscal year 2021 despite the economic challenges presented by the Covid-19 pandemic
Imperial Brands’ earnings in the first half of the year jumped 6.1% to £15.57bn in the midst of a process to implement a new company strategy towards tobacco alternatives
Altria has confirmed its full-year guidance for 2021 and full acquisition of its nicotine pouches business despite a dip in total company earnings for the first quarter of the year
Philip Morris International (PMI)’s earnings were up slightly in the first quarter of 2021, boosted by a 38% increase in heated tobacco unit volume in Europe
BAT delivered similar results in 2020 to the previous year despite the pandemic and a slip in its heated tobacco portfolio – boosted by growth in its oral tobacco products in the second half of the year
Swedish Match posted an operating profit of nearly SEK 7bn ($845m) in 2020, up 23% on the previous year, thanks largely to a good performance by its ZYN nicotine pouches and record US sales The company posted an operating profit of nearly SEK 7bn ($845m) in 2020, an increase of 23% against 2019.
Demand for Philip Morris International (PMI)’s heated tobacco products rose in 2020, but that was not enough to save the tobacco giant from posting an overall 3.7% drop in net revenues over the year
Altria has posted positive numbers for the last quarter of 2020 despite the coronavirus pandemic, with a good performance for its oral portfolio but unknown figures for Iqos in the US
Imperial Brands has revealed that net revenue from its next-generation portfolio declined by 27% in the year to September and announced that it will take a “more prudent approach” from now on
Altria’s oral tobacco portfolio drove the numbers of the Big Tobacco company, amid “uncertainties” caused by the COVID-19 pandemic
Swedish Match’s sales of smoke-free products jumped 23% in the third quarter of 2020, with the good performance of nicotine pouches in both US and Scandinavia as the main driver
While Philip Morris International (PMI)’s earnings fell slightly in the third quarter of the year due to the ongoing COVID-19 challenges, shipments of the company’s heated tobacco units were up by 18.7%
Imperial Brands has revealed that the company’s net revenue for its next-generation portfolio is around 30% lower than 2019, while the overall company revenue looks set to remain flat this year
Altria has reported net revenue to be down by 3.8% in Q2 2020 due to the decrease of the traditional tobacco business, though a further drop was prevented thanks to the good performance of its smokeless products in the US
PMI’s earnings fell in the second quarter of 2020 due to retail and travel restrictions related to the COVID-19 pandemic, but this was partially offset by higher heated tobacco unit volumes
Swedish Match is to increase production of its tobacco-free nicotine pouch ZYN to 200m cans a year after a steep rise in demand in the US
British American Tobacco (BAT) is expecting its next-generation portfolio, including vaping and heated tobacco products, to grow between 30-50% in 2019
There have been mixed reactions from within the industry to the FDA decision to allow PMI’s heated-tobacco device IQOS and its associated consumables onto the US market
Imperial Brands will focus on its next generation portfolio and expand its e-cigarette Myblu into new markets in order to give itself a better alternative to traditional tobacco products
British American Tobacco (BAT) and Japan Tobacco International (JTI) are both planning further investment in reduced-risk products following successful Japanese launches
While sales of traditional cigarettes continue to decline worldwide, PMI is increasingly relying on its heated-tobacco device IQOS to buoy up its financial results, particularly through sales in Japan and Korea
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