Argentinean Cigarette Market Grows

Source from:  Buenos Aires Bickers 07/04/2008

The total cigarette market grew 6.7% for the first-quarter 2008. PMI said its cigarette shipment volume increased 10.2%. For 2007, British American Tobacco reported that its profit in Argentina grew as prices increased after the severe price competition of 2006. Other factors included a better product mix and cost-saving initiatives. Its shipment volume and market share, however, were both down. Enditem