Altadis net profit jumps 26% despite declining demand

Article Abstract:

Grupo Altadis posted an improvement of 26% in its net profits for the 1999 year. The company posted 320.3 million euros in yearly net profits.

Author: Johnson, Keith
Grupo Altadis

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Altadis net jumps on price increases and cost cutting

Article Abstract:

Altadis S.A. posted an increase of 34% in its net profits for the 2001 first-half. The company posted 177 million euros in net profits for the period.

Author: Maxwell, Kenneth

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Altadis bid may spur others

Article Abstract:

Imperial Tobacco Group PLC of the United Kingdom has offered to acquire rival Altadis S.A. of Spain for 11.52 billion Euros ($75 billion). The acquisition may spur global consolidation in the tobacco industry as players maintain profitablity. The market is tighter due to restrictive legislation by Western governments over health concerns related to smoking.

Author: Johnson, Keith, O'Connell, Vanessa, Singer, Jason
Acquisitions & mergers, Tobacco farms, United Kingdom, Mergers, acquisitions and divestments, Company acquisition/merger, Imperial Tobacco Group PLC, Industry overview, Financial report

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Subjects list: Finance, Spain, Tobacco industry, Tobacco products, Altadis S.A.
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