The group reported, once again, a strong quarter with impressive top-line and bottom-line growth (+8% and +17% respectively). This was driven by the buoyant snus and moist snuff products, and a particularly strong result from ZYN nicotine pouches in the US. We continue to believe that the potential for smokeless products is increasing. Sales increased slightly for Other Tobacco Products and declined for the Lights product segment.
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Smokeless products remain strong
- Published:
25 Oct 2019 -
Author:
Laura Parisot -
Pages:
3
The group reported, once again, a strong quarter with impressive top-line and bottom-line growth (+8% and +17% respectively). This was driven by the buoyant snus and moist snuff products, and a particularly strong result from ZYN nicotine pouches in the US. We continue to believe that the potential for smokeless products is increasing. Sales increased slightly for Other Tobacco Products and declined for the Lights product segment.