Profits grew up in Reynolds American IV kv.2005 year due to good sales of Camel and Kool cigarettes
Profit American cigarette manufacturer Reynolds American Inc. rose sharply in the fourth quarter of 2005 due to good sales of cigarettes expensive brands Camel and Kool and lower costs. Profits amounted to the company in October-December $ 297 million ($ 2.01 per share), compared with $ 76 million (51 cents per share) for the same period last year. Excluding non-recurring revenue profit of $ 1.63 per share against the $ 1.52 expected by experts on the stock. Reynolds Net sales in the fourth quarter amounted to $ 2047 billion to $ 2001 billion a year earlier. In 2006, the company expects earnings per share of $ 8.00 - $ 8.40 to $ 7.78, according to forecasts by analysts. Since 2007, Reynolds predicts annual profit growth at 1-5 percent.