Duty-free volumes rise at Philip Morris

Gavin Lipsith

1-Aug-2005

Philip Morris International has reported a 2.9% increase in worldwide duty-free shipments in the second quarter of the year, with particularly strong sales in Bulgaria, Turkey and Romania

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Cigarette volumes outside the US rose by 5% to more than 202bn sticks, driven by growth in eastern Europe, the Middle East and Africa as well as several acquisitions.

The

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