LATEST ALERTS
Philip Morris International (PMI) now owns 93.11% of shares in Swedish Match, meaning it can now begin the process of taking the company off the stock market and making it a wholly-owned PMI subsidiary
There’s been plenty of speculation about PMI’s plans for its new business – but if I were an evil tobacco mastermind trying to prevent uptake of less risky products, very publicly buying Swedish Match wouldn’t be top of my list
Philip Morris International (PMI) has launched its latest heat-not-burn tobacco-heating system, Bonds by Iqos, along with its compatible tobacco sticks, Blends, using the Philippines as a pilot market
Tobacco giant Imperial Brands has told investors that its heated tobacco device Pulze and iD consumables, continued to perform well in its pilot markets of the Czech Republic and Greece,
Jennifer Motles, chief sustainability officer for PMI, has urged companies of all kinds to go beyond seeing ESG (environmental, social and governance) impact reporting as a tick-box exercise
Philip Morris International (PMI) has confirmed that it will go ahead and accept all Swedish Match shares that have been tendered to it despite not achieving its 90% minimum stake threshold
Tobacco producers from around the globe plan to complete their exit from the Russian market by the end of the year by transferring business to local partners, according to recent statements made by company representatives
EU antitrust regulators have conditionally approved the takeover of Swedish nicotine pouch specialist Swedish Match by the tobacco giant Philip Morris International (PMI) for an estimated €16bn
Swedish Match has reported an 18% sales increase in the first nine months of the year, boosted by the smoke-free product segment. The company saw a continued impressive performance in the US market, where Zyn shipment volumes grew by nearly 40%
Fewer people smoking has led to US cigarette maker Altria continuing to see a decrease in revenue over the third quarter of 2022, partially offset by higher net revenues in the oral tobacco products segment
Philip Morris International (PMI) has raised its public offer for its European rival Swedish Match from SEK106 ($9.52) to a final price of SEK116 ($10.42) per share in a bid to finalise its takeover
Philip Morris International (PMI) is investing an additional PHP8.8bn ($150m) in its affiliate company PMFTC to increase production of its heated tobacco sticks in the Philippines
Philip Morris International (PMI) reported strong third quarter results in terms of revenue but saw a number of setbacks in shipment volumes as it looks to meet its goal of becoming a majority smoke-free company by 2025
US cigarette maker Altria has made a $2.7bn agreement with Philip Morris International (PMI) on the exclusive rights to sell Iqos heated tobacco products in the US
Smoking cigarettes is going out of fashion, but having smoked cannabis is becoming much more common in the US, according to recent research conducted by analytics and polling firm Gallup
Dryft, which contends it was forced to sell out of the US nicotine pouch market because of alleged frivolous lawsuits from major nicotine pouch producer Swedish Match, may have an edge in the upcoming court case on the matter
British American Tobacco (BAT) has again bet on the cannabis industry as it looks to diversify its portfolio as part of its plan to transition to a smoke-free future
Swedish Match was the clear winner in this year’s Tobacco Transformation Index, which ranks major tobacco companies on their shift toward reduced-risk products
Organisers of a European Citizens’ Initiative (ECI) need 1m signatures across seven EU member states by next summer for the European Commission to respond to their request for measures leading to Europe’s first tobacco-free generation
TobaccoIntelligence launched a consumer survey in May 2022 to analyse the patterns among vapers and nicotine pouch users in the UK. This report closely examines their nicotine pouch usage, comparing behaviour and preferences by gender, age group and status of using other alternatives
US company 22nd Century Group plans to expand points-of-sale of its low-nicotine conventional cigarette VLN throughout Illinois based on solid pilot results in Chicago, and plans to sign two other distribution partnerships to launch in Colorado
This report closely examines nicotine pouch usage in the US, comparing behaviour and preferences by gender, age group and status of using other nicotine products
Japan Tobacco International (JTI) has reported increases in sales of reduced-risk products, helping offset falling shipment volumes of combustible tobacco products
Altria saw $12.43bn in revenue in the first half of 2022 – a decrease of 4.1% from the same period a year ago – but was encouraged by the positive momentum of its nicotine pouch brand On!
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
Swedish Match has reported a 17% sales increase in the first half of the year, driven by smoke-free products, with solid growth for its Zyn nicotine pouches in both the US and Scandinavian markets
Philip Morris International (PMI) has raised its full year outlook after it saw decent numbers over the first half of 2022
22nd Century Group has confirmed the first international shipments of very low nicotine (VLN) cigarettes to South Korea and is expecting to see significant benefits from the sales of its menthol line of VLN cigarettes as it plans an expansion of sales and distribution in the US beyond its initial trial in Chicago, Illinois
Germany is one of the leading heat-not-burn (HnB) markets in the world, and is the country with the fifth largest market size globally according to TobaccoIntelligence’s database. This report presents the most important findings from a survey we conducted in the first quarter of 2022
Most tobacco companies are keen to be seen supporting the concept of harm reduction, especially through reduced-risk products like e-cigarettes, heat-not-burn and pouches. But how far is their support for the idea actually having an effect on their activities right now, as well as their future direction?
On 13th April 2022 the Belgian Competition Authority’s decision-making body, the Competition College, imposed fines totalling €36m on four major cigarette manufacturers for practices that restricted competition
Swedish Match saw its smoke-free portfolio continuing to drive sales as well as increase operating profits in the first quarter of 2022, compared with the same period in 2021, and attributed this positive performance to “strong momentum for the US smoke-free business”
The $16bn takeover of Swedish Match by Philip Morris International (PMI) now seems more likely to happen than not (at least as of today; these things are never certain until the last signature is signed)
The board of Swedish Match has asked shareholders of the Scandinavian nicotine pouch maker to accept a $16bn takeover offer from tobacco giant Philip Morris International (PMI)
Philip Morris International (PMI) is in talks to buy European rival Swedish Match in an estimated $15bn deal that could affect both the oral and smoking tobacco markets
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
Japan Tobacco International (JTI) saw its revenues increase by 6.2% to JPY581.5bn ($4.5bn) in the first quarter of 2022, despite uncertainties over its business in Russia, compared with 5.3% growth to JPY547.3bn ($4.2bn) in the same period of 2021
Philip Morris International (PMI) saw positive numbers for the first quarter of 2022, with Iqos Iluma performing well in Japan, Switzerland and Spain
A reply from Los Angeles County lawyers is expected soon, after RJ Reynolds Tobacco Company and two other tobacco companies asked a federal appellate court to review its earlier affirmation of the county’s ban on flavoured tobacco sales
British American Tobacco (BAT) has invested a further CAD6.3m (USD5.03m) in the Canadian cannabis company Organigram, thereby increasing its stake from 18.8% to 19.5%
Philip Morris International (PMI) has cancelled all product launches in Russia for 2022 as part of its plans to suspend investments and scale down manufacturing operations across the country
The US Food and Drug Administration (FDA) has authorised the marketing of Logic Technology Development’s heated tobacco product Vapeleaf
Imperial Brands has announced that it is suspending all operations in Russia, including domestic production, and all sales and marketing activity as a result of international sanctions and the consequential severe disruption
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