Imperial Tobacco Slovakia swings into full-year loss despite higher sales.

By bne IntelliNews February 22, 2013
Cigarettes distributor Imperial Tobacco Slovakia, a unit of British multinational tobacco group Imperial Tobacco, swung into a loss last year despite a higher turnover, SME.sk reported. The company posted a loss of EUR 74,000 for the fiscal year to end-September 2012, compared to a profit of EUR 2.6mn a year earlier. Its sales grew 24% y/y to EUR 82.3mn. Imperial Tobacco Slovakia is the second-largest tobacco company in Slovakia. It was acquired by Imperial Tobacco in 2002. The Slovak company terminated its cigarettes manufacture in 2004 and its cigar and tobacco manufacture in 2008 and is now a trade and marketing company, selling products that are manufactured in the Imperial Tobacco Group production facilities located throughout the EU.

Related Articles

Slovakia one of possible locations for new BMW plant.

German car maker BMW considers building a new plant in eastern Europe and Slovakia is one of the potential locations, Hospodarske Noviny business daily reported citing BMW's board member Ian ... more

Slovakia jobless rate edges down to 14.7% in February 2013.

Slovakia's unemployment rate in February 2013 fell for the first time in six months going down to 14.7% from 14.8% in January when it reached its highest level in more than 8.5 years, data from ... more

Frances CCN Group considers new plant in Slovakia - report.

France-based CCN Group, a supplier of components for turbines and automobiles, considers building a new plant in Slovakia in the town of Belusa, Hospodarske Noviny daily reported citing unnamed ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss