Forbes -
13 May 2015 19:40
In spite of difficult economic situations in some markets, increasing regulatory control over the sale of tobacco products, currency headwinds, and declining tobacco volumes, the maker of Marlboro has managed to deliver modest increases in revenues and EPS over the past few years. Under these circumstances, the stock price of the company has managed to grow by almost 80% in the last five years alone. However, in spite of this, demand for tobacco products has been steadily declining at 3-4% per a...
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