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Corporate News > Philip Morris
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PM USA Marlboro volume down 5.5 per cent

Philip Morris USA sales and cigarette shipping volume declined in the second quarter, but product price increases coupled with lower administrative and marketing expenses raised profit, parent company Altria said

Marlboro volume dipped 5.5 per cent to 26.9 billion sticks while total cigarette shipments fell 5 per cent to 31.5 billion units. Industry decline and inventory movements underpinned the decline, Altria said. “Marlboro’s retail share declined 0.1 point to 44.1 per cent in the...

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