LATEST ALERTS
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
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
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%
Tax revenues from e-cigarettes and heat-not-burn (HnB) products raised €172.6m in Italy in 2018, a big increase over previous years. Meanwhile, there are fresh doubts over the political future
PMI considers almost hitting $1.5bn revenue for its reduced risk portfolio in the second quarter of 2019 a “positive top-line momentum”
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
British American Tobacco (BAT) has lowered its expectations of its heated tobacco and vaping products this year – but still anticipates continuing growth
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
The Republic of Ireland is unlikely to introduce a tax on e-cigarettes or e-liquid in the near future, recent documents suggest.
The UK will launch a consultation on taxation for heat-not-burn products later this year.
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