JTI reports another quarter of strong revenue and GFB volume growth

Japan Tobacco International (JTI) business results for January-March 2012


Highlights

  • Total and GFB shipment volume increased 4.7% and 9.5% respectively, driven by continuous GFB momentum, favorable comparisons to the previous year in several markets, and a positive impact of the acquisition in Sudan.

  • Core revenue increased 11.6% driven by strong pricing and shipment volume growth.

  • At constant rates of exchange, core revenue grew 15.4%, and core revenue per thousand cigarettes increased 10.1% to US$28.8.

  • Year-on-year market share continued to grow in key markets, including Spain, Italy, France and Turkey.

 

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