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05-02-2015, 09:24 PM
(This post was last modified: 05-02-2015, 09:29 PM by Curiousparty.)
Looks like Tien Wah/New Toyo's Q4 results would look very bad. New Toyo's 3 key markets (out of 4) have gone down the drain. Malaysia, Vietnam and Australia.
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(extract from BAT 9 mth 2014 results)
Cigarette volume from subsidiaries was 495 billion, down by 1.0%, with growth in many markets, including the Middle East, Bangladesh, Venezuela, Pakistan, Ukraine, Turkey and Indonesia, more than offset by lower volume in Russia, Vietnam , Brazil, Poland and Canada , mainly driven by industry decline. Total tobacco volume was also 1.0% lower.
The five Global Drive Brands’ cigarette volume was up by 6.2%, and their combined market share continued to grow strongly in the Group’s key markets. Dunhill’s volume increased by 3.5%, with good growth in Indonesia, Brazil and South Korea partially offset by market decline in Malaysia. Kent’s volume decreased by 2.7% mainly due to market contraction in Russia and Romania, partially offset by good growth in the Middle East and Japan.
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(extract from BAT 9 mth 2014 results)
Cigarette volume from subsidiaries was 495 billion, down by 1.0%, with growth in many markets, including the Middle East, Bangladesh, Venezuela, Pakistan, Ukraine, Turkey and Indonesia, more than offset by lower volume in Russia, Vietnam , Brazil, Poland and Canada , mainly driven by industry decline. Total tobacco volume was also 1.0% lower.
The five Global Drive Brands’ cigarette volume was up by 6.2%, and their combined market share continued to grow strongly in the Group’s key markets. Dunhill’s volume increased by 3.5%, with good growth in Indonesia, Brazil and South Korea partially offset by market decline in Malaysia. Kent’s volume decreased by 2.7% mainly due to market contraction in Russia and Romania, partially offset by good growth in the Middle East and Japan.
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