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Article: Altadis First Nine Months EBITDA up 3.2%.
- Article from:
- Business Wire
- Article date:
- November 10, 2004
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PARIS -- The Executive Commission of Altadis examined, on Friday, November 5th, Group results for the first nine months of 2004.
Two outstanding facts of the year, already highlighted in first and second quarters results, were:
--in France, the pronounced downward reaction of the duty-paid market (- 24,7% for cigarette volumes over nine months) to tax and subsequent retail price increases late 2003 and early January 2004;
--and, the consolidation impact during the first six months of the Regie des Tabacs du Maroc (RTM) consolidated since July 1st, 2003.
In the course of the third quarter some particularly important news were disclosed ...