Czech Philip Morris CR H1 net slightly above fcast

29.08.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Consolidated net profit at Czech cigarette maker Philip Morris CR dropped 19 percent in the first half to 882 million crowns ($43.40 million),...

...just a touch above market expectations, the firm said on Wednesday.

The market had expected an 862 million crown net profit in the first six months of the year, according to a Reuters poll.

The company said in a statement that sales dipped to 4.68 billion crowns from 4.79 billion a year ago.

Philip Morris is part of the Altria Group .

[PRAGUE/Reuters/Finance.cz]

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