British American Tobacco (BAT) is pushing back to 2025 its goal of £5bn in revenues from its next-generation portfolio amid the COVID-19 pandemic and a decrease in heat-not-burn (HnB) business
Altria’s global net revenues rose 0.3% year-on-year in the third quarter of 2019 to $6.86bn, primarily due to higher net revenues in the smokeless products segment
Falling sales of Japan Tobacco’s heated tobacco device Ploom Tech have hit the company’s total revenue from reduced risk products, which fell by JPY7.1bn ($65.7m) to JPY17.8bn ($164.6m) in Q3 2019
British American Tobacco (BAT) is expecting its next-generation portfolio, including vaping and heated tobacco products, to grow between 30-50% in 2019
British American Tobacco (BAT) has lowered its expectations of its heated tobacco and vaping products this year – but still anticipates continuing growth