Business Results for 2013(PDF 627 KB)

from the beginning

JT International Business Results for 2013

Speakers：: Thomas A. McCoy
President & Chief Executive Officer
Japan Tobacco International

Caution on Forward-Looking Statements

Business Results 2013

Strong profit results driven by top-line growth

Continued SOM growth despite significant industry contraction

Share of value grew in a down-trading environment

Competitive portfolio across all price segments and categories

Resilient GFB performance

Winston continued to achieve volume and share gains

LD further expanded beyond CIS+

Camel grew market share in its core markets

Fine cut shipment volume growth accelerated

Ploom expanded its international presence

Business base continued to broaden and generated solid returns

Financial and Operational Overview 2013

Speakers：: Roland Kostantos
Chief Financial Officer
Japan Tobacco International

Revenue and earnings growth in a challenging environment

Core revenue increased driven by Price/Mix

Adjusted EBITDA growth driven by Price/Mix

South & West Europe: Challenging economic environment

Italy: Continued share of market and share of value growth

North & Central Europe: Strong business performance

UK: Strong share of market and share of value growth

European clusters: Consistent share of market growth

CIS+: Results driven by strong pricing and GFB momentum

Russia: Up-trading continued in a contracting market

Russia: Robust pricing and SOV growth

RoW: Strong earnings despite Middle East volatility

Taiwan: Strong brand equity drove pricing and share of market growth

Summary of 2013 results: Solid business fundamentals and pricing drove double digit earnings growth

Speakers：: Thomas A. McCoy
President & Chief Executive Officer
Japan Tobacco International

2014

January 31, 2014

Japan Tobacco Inc.

JT International Business Results for 2013

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