Brief: Czech Philip Morris reports jump in H1 profit

Philip Morris CR as

26/09/2017 07:16

Sept 26 (Reuters) - Philip Morris Cr As  TABK.PR  
    * Czech tobacco group Philip Morris CR says H1 consolidated 
revenues czk 5.8 billion and net income czk 1.6 billion, up 7 
percent and 24.7 percent respectively 
    * says total cigarette market increased by 1.3% and 4.2% in 
the Czech Republic and Slovakia, respectively 
    * says cigarette market share remained flat (at 45.8%) in 
the Czech Republic, and decreased by 0.7 share points (to 56.7%) 
in Slovakia 
    * "Our consolidated revenues were helped by favourable 
pricing in the Czech Republic and Slovakia, reflecting the 
impact of price increases, and also by a total cigarette market 
increase in both countries, driven by solid economic 
environment," said Chairman Árpád Könye 
 
 
Further company coverage:  TABK.PR  
 
 (Reporting By Jason Hovet) 
 ((jason.hovet@thomsonreuters.com;))