Altria reports year-to-date ‘resilient’ performance and progress with Njoy

Altria will look to strengthen the logistics behind its recent $2.75bn acquisition of the Njoy e-cigarette brand as it sets out to build on revenues from alternatives to conventional cigarettes following lower-than-expected results from its cigarette division.

During the presentation of its third-quarter financial results, Altria said it had started to strengthen Njoy’s global supply chain to provide sustainable support for the anticipated volume increase associated with its Njoy Ace expansion plans.

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Antonia Di Lorenzo

Assistant news editor/senior reporter
Antonia is a member of the editorial team and holds a masters degree in Law from the University of Naples Federico II, Italy. She moved in 2013 to London, where she completed a postgraduate course at the London School of Journalism. In the UK, she worked as a news reporter for a financial newswire and a magazine before moving to Barcelona in 2019.

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