Tobacco: latest news, insights and analysis | ESM Magazine

Imperial Brands Expects Profit Growth Next Year, Raises Dividend

Imperial Brands has forecast revenue and profit growth next year, helped by pricing actions and investments in tobacco alternatives.

British American Tobacco Names Soraya Benchikh As Next CFO

British American Tobacco has appointed Soraya Benchikh as its chief financial officer, filling a role left open by the promotion of its current CEO earlier...

Marlboro Maker Cuts Profit Forecast As Smokers Swap To Cheaper Brands

Tobacco giant Altria Group cut its annual profit forecast as more smokers swapped its higher priced cigarettes for cheaper brands or smoking alternatives.

Philip Morris Lifts Profit Forecast On Higher Pricing, ZYN Growth

Philip Morris International (PMI) has raised its annual profit forecast as third-quarter earnings beat expectations thanks to higher cigarette prices,...

Hedge Funds Short Food, Beverage And Tobacco Stocks Amid Soaring Bond Yields: Goldman Sachs

Global hedge funds last week sold food, beverage and tobacco company stocks at the fastest pace in 11 weeks, a Goldman Sachs note said, as these stocks, vi...

BAT Names Cora Koppe-Stahrenberg As Chief People Officer

British American Tobacco (BAT) has appointed Cora Koppe-Stahrenberg as its chief people officer and member of the management board, effective 1 November 20...

Imperial Brands Sticks To Forecast, Announces Share Buyback

Imperial Brands has said trading for the year was in line with its expectations and reaffirmed its forecast, on the back of sustained demand, higher prices...

Britain Proposes Ban On Cigarettes For Younger Generations

Britain's government has proposed banning younger generations from ever buying cigarettes, a move that would give the country some of the world's toughest...