Altria Group

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Altria Group, Inc.

logo
legal form Corporation
ISIN US02209S1033
founding 1847
Seat Richmond , United States
management Billy Gifford ( CEO ), Thomas Farrell (Chairman)
Number of employees 8300
sales $ 25.6 billion
Branch Tobacco products and luxury foods
Website www.altria.com
As of December 31, 2017

Altria Group, Inc. ( NYSE : MO), until 2003 called Philip Morris Companies Inc. , is a US company with global operations .

history

In 2017, the Altria Group generated sales of $ 25.58 billion (including excise taxes , excluding these $ 19.5 billion), an operating profit of $ 9.56 billion and employed around 8,300 people. Well-known cigarette brands are Marlboro and L&M . From October 1985 to February 2008 the company was included in the Dow Jones Industrial Average share index .

Holdings

as of December 31, 2017:

The Altria Group also held 87.2% of the shares in Kraft Foods , the second largest producer of food products , through March 2007 . In addition, the Altria Group held all shares in Philip Morris International until the “spin-off” at the end of March 2008 . Altria held a 27% stake in SABMiller until 2016 . After the takeover of SABMiller by Anheuser-Busch Inbev, Altria now holds a share of around 9.6% in Anheuser-Busch Inbev.

On December 20, 2018, it was announced that the Altria Group had acquired 35 percent of the e-cigarette company Juul with a view to future market positions . $ 12.8 billion (EUR 11.2 billion) was paid for the 35 percent share. According to the company, this is the largest investment in Altria's corporate history. Overall, Juul was valued at $ 38 billion in the deal.

The following important information is missing from this article or section:
The US Smokeless Tobacco Company , Cronos Group (cannabis producer), Chateau Ste. Michelle (winery)
Help Wikipedia by researching and pasting it .

Trivia

  • In 1994 all Philip Morris executives swore in court that smoking was not addicting . Critics refer to these statements as perjury .
  • On March 30, 1999, the Philip Morris Corporation was sentenced by a US court in San Francisco to pay $ 81 million in damages to the survivors of a smoker.

Web links

Individual evidence

  1. ↑ https://www.reuters.com/article/us-altria-ceo/altria-ceo-howard-willard-steps-down-finance-head-to-succeed-idUSKBN21Z1UD
  2. ↑ a b c Altria 2017 Form 10-K Report , accessed August 18, 2018
  3. ↑ http://ftd.de/unternehmen/industrie/180963.html ( Memento from May 20, 2007 in the Internet Archive )
  4. ↑ Altria Group shareholders receive dividends. Retrieved March 4, 2020 .
  5. ↑ Marlboro group Altria joins the e-cigarette company Juul. Retrieved December 21, 2018 .
  6. ↑ Lies in court , in the end, search under "perjury"
  7. ↑ Thursday February 11th, 1999, 2:31 pm: Philip Morris has to pay over $ 50 million to an ex-smoker. February 11, 1999, accessed February 13, 2020 .