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
Big Tobacco manufacturers are expecting the effects of COVID-19 to hit hard in the second half of the year, despite a strong performance in the first quarter
Swedish Match’s sales of smoke-free products boomed in the first quarter of 2020, with the segment recording a 35% year-on-year increase to SEK2.508bn (€234m)
Philip Morris International is braced for a significant dip in sales and use of its heated-tobacco device IQOS over the rest of 2020, with retail and travel restrictions currently imposed in nearly every country
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)’s “modern oral” portfolio has been one of the main drivers helping the company achieve good results in 2019 for its next-generation products category, which overall increased globally by 36.9%
PMI saw its market share of heated tobacco units in IQOS markets, excluding the US, rise by 1.4 percentage points to 5% last year, with a 44.2% increase in HnB shipments
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
PMI has posted an 84.8% year-on-year increase in heated tobacco shipments in the third quarter of 2019 to nearly 16bn units, while its shipments of conventional cigarettes went down by 5.9%
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’s (BAT) 2018 financial results were driven by its reduced risk portfolio, which includes products such as Vuse and Vype and Glo
The 2018 results from the Altria Group revealed a slump in sales of combustibles. The company is now turning its attention to alternative sectors such as cannabis and Juul, and preparing for the US launch of IQOS
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
Big Tobacco is moving towards a smoke-free future, with all the leading companies indicating a focus in 2018 on next generation products, whether e-cigarettes or heated tobacco products