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Dunhill Maker in Profit In Spite of Volume Declines

April 16th, 2014 Posted in General tobacco Tags:

Dunhill cigarettes
British American Tobacco (BAT) Zimbabwe volumes during the year to December 2013 dropped about 17 % to 1,301 billion sticks manufactured in the previous year because of a decrease in the market size. This comes after the 30 % price boost taken on affordable segment in December 2012 in opposition to a 50 % excise raise to around US$15 per mille, the company’s finance leader Mr. Peter Doona stated analysts several days ago. Read more

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Indian mobile industry is behaving like the American Tobacco Companies

Mobile phones operators in India are behaving as recklessly American cigarette manufacturers did in the past, noted the problems with health, and care not to step on before it’s too late, say experts in the study of electromagnetic radiation and health professionals.
“COAI, the umbrella organization representing cellular operators, repeatedly claiming that the radiation of cell tower will not cause any harm. Tobacco industry said the same thing about smoking till conclusive research proved otherwise. Now there are millions of people around the world who suffered from smoking. Fact, the mobile phone / tower radiation is worse than smoking, a person cannot see or smell and its effects on health have noticed that after a long period of exposure, “said Girish Kumar of IIT Mumbai. Read more

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British American Tobacco cautious, profit up

July 25th, 2012 Posted in Tobacco companies Tags:

American Tobacco cautious
British American Tobacco PLC Wednesday warned of global economic uncertainty as it posted a rise in profit driven by strong demand in emerging markets and price increases.

The world’s No. 2 tobacco company by sales boosted revenue slightly despite flat volumes and said the results were against tough year-on-year comparisons and were hit by adverse currency effects. Ream more »

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Stock to Watch: British American Tobacco

May 29th, 2012 Posted in Tobacco companies Tags:

global tobacco-related
While I dislike the tobacco industry on ethical grounds, from a pure investment analysis standpoint it is worth noting May’s dip in share price of British American Tobacco (BATS) within the FTSE 100 index, from a peak around 3,250p to about 3,000p now.

Although a “heavy” share price which may deter some people, its value credentials look strong indeed and worthy of consideration by investors trying to navigate a way through the wider financial mayhem. Ream more »

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Windfall for British American Tobacco Workers

April 27th, 2012 Posted in Tobacco companies Tags:

American Tobacco Workers
LOCAL cigarette manufacturer British American Tobacco Zimbabwe Limited is the latest foreign-owned company to comply with the Empowerment Regulations, after concluding negotiations for almost 10 percent workers’ ownership of the company.

The details of the share option scheme were not immediately available, with management insisting that negotiations were continuing. But most of the sticking issues appear to have been resolved, informed sources said. Ream more »

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British American Tobacco Nigeria

January 17th, 2012 Posted in Tobacco marketing Tags:

Tobacco Nigeria
British American Tobacco’s Nigerian subsidiary has a near-monopoly, commanding 80 per cent of the market—but this position has not been achieved without hard work and a positive strategy towards health and economic development.

Though British American Tobacco Nigeria (BATN) was incorporated as an indigenous entity only 10 years ago in 2002, we are now coming up to the centenary of the parent company BAT’s presence in Nigeria. So 2012 will be the occasion for a double celebration among the 14,000 or more Nigerians employed, Ream more »

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British American Tobacco bounces back on the USE

December 5th, 2011 Posted in Tobacco industry Tags:

Tobacco Uganda
British American Tobacco Uganda (BATU) shares are up 18.8 per cent since July as investors bet that the tobacco manufacture will earn more from its exports because of a weak shilling and increased volumes. BATU began processing leaf for export to other parts of Africa in April, which might translate to higher turnover for the Uganda Securities Exchange listed firm.

This is after BAT International decided to move its central leaf materials headquarters from South Africa to Uganda. Ream more »

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Chilean court rules in favor of compensation for tobacco giant

November 10th, 2011 Posted in Tobacco news Tags:

largest tobacco company
The long-running legal battle between the world’s two largest tobacco companies entered a new phase on Monday when Santiago’s Court of Appeals ruled that British American Tobacco Chile pay US$2.2 million in compensation to Philip Morris (PM) for lost market share due to anti-competitive practices.
The decision – which revoked an earlier ruling by the Civil Court of Santiago rejecting the compensation request by PM – is the latest in a series of cases dating back to 2002.
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British American Tobacco buys Colombia’s Protabaco

May 26th, 2011 Posted in Tobacco news Tags:

BAT buy Protabaco
British American Tobacco PLC (BATS.LN)Thursday said it has bought Colombia’s second-largest cigarette company by sales and market share, Productora Tabacalera de Colombia SAS, or Protabaco, for $452 million, filling a strategic gap in its operations in Latin America.

The acquisition will enlarge BAT’s presence in the country, which is Latin America’s fourth largest cigarette market which had total industry sales of around 17 billion cigarettes last year.
Ream more »

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