Plain packaging idea is a nonsence........smokers smoke because they want to, not because its endorsed by sporting events or other advertisements. I see countless advertisements in the press / tv for alcohol, and that doesnt influence the amount i drink, or the brand i buy. Plain packaging, the government has just opened the door to the numerous counterfeiters who have now made it 10 times easier to produce without replicating the pack design. Tobacco companies will lose out in the long run, tobacco trade in UK will go further underground, unregulated,......just my views
Impact of plain packaging
Any thoughts on how any move to plain packets in UK will impact on performance and share price? I think that smokers will tend to buy by price once the premium packet is unrecognisable. This will reduce the profit margin and thus the profit. The world wide impact will not be significant.
22 Oct '14
British American Tobacco, Europe's largest tobacco group, has seen a 9.6pc decline in nine-month revenues due to the strong pound.
22 Oct '14
Nicandro Durante, Chief Executive, commented: 'The trading environment remains challenging due to continuing pressure on consumer disposable income worldwide and the slow economic recovery in Western Europe.'
15 Oct '14
8 Oct '14
Japan Tobacco set to close last U.K. plant: The last tobacco manufacturing plant in the U.K. is to close after Japan Tobacco International, makers of Silk Cut and Benson & Hedges, announced its intention to end production at its County Antrim facility in Northern Ireland.
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