 Wysłany: Śro 20:09, 30 Mar 2011 Temat postu: British American Tobacco Profit Up |
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| British American Tobacco Profit Up
British American Tobacco,Cigaronne Company--www.newportscigarettes.org, the second-largest tobacconist in the world,cigarettes newports, and the leading tobacco company by revenue in Europe reported last week an increase in full-year profits mainly on sales growth, encouraged by growing sales in developing markets. The rise totaled 6.1 percent in the full year 2010,British American Tobacco Profit Up,cheap newport 100s cigarettes, as Bat sold more Kent and Dunhill cigarettes in Russia. However, the company said sale volumes decreased as some markets struggled with recession and fluctuations. British American Tobacco increased prices to compensate for a decline in demand and higher taxes as governments tied up budgets and discouraged tobacco consumption. Japan approved a record tax hike last October, increasing the tax by 40 percent, Turkey hiked its cigarette tax by 29 percent in the late 2009 and Australia approved a 25-percent tax increase in April. Therefore,newport cigarettes website,Cigaronne Company--www.newportscigarettes.org, the company increased prices by 5.8 percent in 2010, according to MF Global analysts. “We consider that pricing would remain solid in 2011”, said MF Global Senior Analyst Andy Smith in a statement to investors. Revenues went up by 4.8 percent to 14.88 billion pounds,newport cigarettes home page, the London-based tobacco company stated. |
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