Japan Tobacco's cigarette division saw core revenue rise 7.1 per cent at constant currency terms in the six months to end-June. – Bloomberg
LONDON: Japan Tobacco on Friday (Aug 2) reported a 7.1 per cent rise in first-half core revenue at is tobacco unit thanks to higher prices and market share gains, prompting the cigarette maker to raise its full-year guidance.
The maker of Benson & Hedges and Winston cigarettes said it now expects revenue at the unit to rise 5.1 per cent in constant currency terms over the full year, with adjusted operating profit also up 5.4 per cent.
