Altria Group Inc (WBO:ALTR)
€ 54.2 -0.48 (-0.88%) Market Cap: 91.84 Bil Enterprise Value: 113.99 Bil PE Ratio: 9.60 PB Ratio: 0 GF Score: 73/100
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Altria Group Inc at Consumer Analyst Group of New York (CAGNY) Virtual Conference Transcript

Feb 21, 2024 / 06:00PM GMT
Release Date Price: €37.28 (-0.11%)
Unidentified Analyst

Hi, good afternoon everyone. It is my privilege once again to welcome Altria back to CAGNY. Joining us today are Chief Executive Officer, Billy Gifford; and Chief Financial Officer, Sal Mancuso. Please join me in thanking them for their continued support of the conference, including their sponsorship for the break tomorrow morning.

The tobacco industry remains subject to significant shifts in consumer demand and regulatory dynamics. Against this, Altria remains committed to its continued pursuit of its vision to responsibly lead the transition of adult smokers to a smoke-free future. To enable this, the company has reshaped its portfolio of next-generation products over the past few years, while offerings now include on!, NJOY and Ploom among others.

Moreover, Altria continues to engage with stakeholders to support consistent enforcement against illicit vapor products that have become prevalent in the U.S. But speaking of the stability of its core business, Altria has been able to balance this investment in the future with consistent results near term, exemplified by high

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