JT Reports Results

Source from:  tobaccoreporter.com Oct 30, 2008 11/04/2008

In the nine months ending Sept. 30, 2008, Japan Tobacco International (JTI), JT’s international tobacco business operations, increased its sales volume by 25.2 percent to 342.9 billion cigarettes compared with the same period last year. Gallaher results have been incorporated from April 18, 2007 onward. Global Flagship Brands sales volume increased 27.1 percent to 185.5 billion cigarettes compared with the same period last year. Total sales volume for Winston grew by 17.9 percent due to robust sales in Russia, Ukraine, Turkey, Spain, the Near East, France and Italy. Total sales volume for Camel rose 10.2 percent, supported by strong sales in Italy, Russia and Spain; and total sales volume for Mild Seven increased 12.4 percent during the period with gains in Korea, Taiwan and Russia. GFB performance also reflected the additional contribution of Benson & Hedges and Silk Cut in the United Kingdom and Ireland; and LD, Sobranie, and Glamour in Russia, Ukraine and Kazakhstan. Net sales excluding tax amounted to $8.2 billion, an increase of 44.1 percent from the previous year. Enditem