Section 1088 Aerial tobacco litigation sleeping billions of dollars in damages in Lhasa, tobacco tax increases, more and more smokers are preempted negative publicity and Volkswagen brand market share, the company is the market in the 1990s backward position . Despite the ups and downs experienced so many ups and downs in the 12 years (1990-2003) had never been lower dividends, book 1993, except for 1997, have increased dividends every year. As a result, from 1992 to 2003, carried out to encourage investors to invest in the increase in the number of shares held by more than 100%, the total rate of return of investors to achieve a more healthy average of 7.15% per year, once the company's share price recovery, investors will receive a high rate of return. The end of 2003, Philip Morris's share price recovery, the rate of increase coconut deshelling machine and the market is, but the number of shares held by investors increased by 100%, so the total revenue of the famous Philip Morris's earnings beat the benchmark index in the past 47 years (deadline to 2003) in the consolidated income rate ranked first. Followed by Abbott, Bristol-Myers Squibb, little toe, Pfizer, Coca-Cola, Merck, Pepsi, Colgate ... (more from "The Future for Investors")
Then some respects similar, but Philip Morris face health, legal, and public criticism of tobacco products increasingly violent, the brand began to get involved in food production, the acquisition of General Foods, Kraft Foods acquired in 1988, 1985, 2001 acquisition of Carolina coconut deshelling machine byske, the company more than 40% of revenue and 30% of the profits from food sales. (Transformation, continuously develop new business, increasing profits, and here also came to understand the meaning of the value of the company's so-called truth, the ceiling, so today we find an enduring good company, really so hard)
In 1990, the company with annual sales of $ 44,323,000,000 door to the U.S. "Fortune" magazine listed in paragraph 15 of the world's coconut deshelling machine 500 largest industrial enterprises; same year, the company's annual profit $ 3.54 billion, ranking No. 5; total assets of 46.569 billion U.S. dollars, ranking the first 14. In 1991, the company further increased to $ 48.064 billion in annual sales, continued to hold the first 15, the same year the company profits increased to $ 3.927 billion. In 1992, the company further increased sales by 4.3% compared to 1991, reaching 50.157 billion U.S. dollars, ranking the "wealth" of the first 17 500; annual profit of the company grew 64.3%, coconut deshelling machine reaching a record level of $ 4.939 billion, ranking " Fortune "500 of the first two; total assets also increased to $ 50.014 billion, ranking No. 16. In 1993, the company coconut deshelling machine has annual sales of more than 1992 increased 1.1% to $ 50.621 billion, ranking No. 15; annual profit of the company declined by 37.4 percent compared to last year, to $ 3.091 billion, ranking No. 5; company assets amounted to 51.205 billion U.S. dollars, ranking the first 14. In 1994, the company increased sales by 6.2 percent to $ 53.776 billion, ranking No. 28 in the world's 500 largest companies listed in "Fortune" magazine has changed the way later in the ranking; same year, the company increased annual profits over the previous year 52.9%, to $ 4.725 billion, ranking No. 6; companies with total assets of $ 52.649 billion, ranking No. 143. In 1995, the company has annual sales declined slightly compared to 1994, to $ 53.139 billion, ranking No. 31; but then the company has annual profit increase of 15.3% over the previous year, to $ 5.45 billion, ranking fifth; company The total assets of $ 53.811 billion, ranking 151. As can be seen, since the 1990s, the company operates though because the impact of the economic crisis and the emergence of volatility, but, on the whole, the company's sales growth and profit margin are relatively coconut deshelling machine healthy, and in the last two In showing a strong momentum of development, and its prospects optimistic.
Philip Morris's predecessor by Philip coconut deshelling machine Morris in 1847 in London, founded a tobacco shop. From 1854 onwards, the store began to produce their own cigarettes. By the end of the century, William Curtis Thomson bought the company, and make it increasingly flourish. In 1902, the company introduced its cigarette United States. But at the time of the American Tobacco trust repression, the slow development of the company's business. In 1911, the federal government ordered the dissolution of the tobacco trust, the company's coconut deshelling machine business is getting better. In 1919, U.S. investors bought the company, and develops its manufacturing and sales operations coconut deshelling machine in the United States. During the Great Depression the 1930s, coconut deshelling machine the company introduced for the general coconut deshelling machine consumer tastes Philip Morris cigarettes coconut deshelling machine economy, popular, low-cost companies and thus become able to RJ Reynolds Tobacco Company with the U.S. companies and 李杰特 - Mai Beers launched three major tobacco companies tobacco industry price competition. However, until the mid-1950s, tobacco companies coconut deshelling machine in the U.S. market is only a secondary role. In 1954, the company merged with the production license of Congress Benson and Hedges cigarette company, the company operating at a significant turning coconut deshelling machine point. The merger is not only the company's business has expanded significantly, but also the company has been president of the company William Benson Kalman. Under his leadership, the company has achieved the most brilliant achievements in business history, will be a major Marlboro cigarettes for women by men like to become coconut deshelling machine the world's largest brand-name sales, allowing the company to the domestic market On obtain a leading position in foreign markets and issued a challenge to the dominance of BAT. In 1968, the company has introduced a specially designed for the production of the Virginia women's soft cigarettes. By the mid-1970s, the company has become America's second-largest after the Reynolds tobacco company. In 1978, the company acquired 李杰特 Group's international operations, including in markets outside the United States to L & M, Lark, Chesterfield, Eve and sale of cigarettes coconut deshelling machine and other brands Decade concession. After the 1980s, the company bought in 1981, a 50% ownership stake Ross Mons tobacco business has been further expanded and eventually take the position of the company and on behalf coconut deshelling machine of Reynolds, the world's coconut deshelling machine largest tobacco companies . In 1986, the company will Benson - Hedges Canadian company merged with the Palme Roe Simeng Si composition Ross Mons - Benson and Hedges company, Philip Morris, which occupies 40% of the company's shares . In 1989, the company has sold these shares, and began to shrink its tobacco business, in order to avoid becoming common knowledge.
In the development of the tobacco industry, the company began to diversify operations from the late 1950s, focusing on the three areas of development: first, coconut deshelling machine the packaging industry. In 1957, the company merged with Paper Mill enterprise printing company in 1958 and acquired the polymer industry companies, and the two companies on the basis of the composition of an industry segment. Second, the beer industry. In 1969, the company purchased the W? R? 53% of Miller Brewing Company Grace owned shares in 1970 and bought the remaining shares and thus full control of the company. According coconut deshelling machine to the company's deployment, Miller Brewing Company changed its advertising from the "champagne of bottled coconut deshelling machine beer" into white-collar workers toward the "Miller Time" motion picture, suggesting that this wine is best suited for a hard day workers drinking. In addition, the company also advance expect people will be more concerned about the calorie content, which introduced a light beer called Miller Lite, and occupied a large domestic market. This provoked the largest U.S. manufacturer of light beer Anhui Ze - Busch's revolt, the two companies engaged in a fierce competition. By the early 1980s, the two companies account for more than 50 percent of the U.S. market. coconut deshelling machine By the late 1980s, this proportion rises to 63%. The Miller Company in the U.S. market share grew more than three times. In addition, the company merger in 1978 of seven high company, Miller Brewing Company seeks another kind of success, but failed and had to turn sell it in 1986. Third, the food industry. coconut deshelling machine In 1985, the company $ 5.6 billion coconut deshelling machine merger of the nation's largest coffee scones coconut deshelling machine and frozen coconut deshelling machine vegetable processing enterprises General Foods Corporation, 1987 merger of the Kenco Coffee Company (a UK company), in 1988 the company again its $ 13 billion merger Dating back to the 1903's Kaila Fu companies. It is calculated that 80's Capital for up to $ 18 billion merger. In 1989, Kaila Fu company with General Foods Corporation merged to form Kaila Fu General Foods (KGF). coconut deshelling machine In 1990, the new company $ 4.1 billion acquisition of Swiss coffee and candy manufacturers Jie Keba Suka De companies, the food industry has gradually become the company's coconut deshelling machine new core business.
Development of three core businesses, so that Philip Morris, the company's position in the U.S. industrial sector continues to increase. In the early postwar period, the company can not be included in the 300 largest industrial enterprises in the United States, the mid-1950s, the company merged with Benson into the top 300 after 60 years in the top 200 large companies as well, after the mid-1970s and more become a member of Club 100. In 1975, the company annual sales of only $ 3.642 billion, in 1979 it rose to $ 8.303 billion, more than doubled in five years; annual profit over the same period, the company from $ 212 million to $ 508 million. It is estimated that from 1955 to 1983, the company's sales growth rate of 24.7%. Entering the 1980s, the company continued to maintain high growth momentum. From 1982 to 1991, annual sales from $ 9.102 billion to $ 48.064 billion, coconut deshelling machine an average annual growth coconut deshelling machine rate of 20.3%; over the same period, the annual profit from $ 782 million company to $ 3.927 billion, an average annual growth rate of 19.6%. Over such a long period of time to maintain such a high growth rate, which is not only the traditional industrial sectors in the United States is rare, that is, the so-called emerging industrial sector is also rare.
Seven belonged to Philip Morris International Group, which is the world's largest tobacco company (Marlboro), while operating a beverage coconut deshelling machine (7-UP) and the packaging industry. Late 1980s Rees Group reorganization stripped packaging industry and Hedy, while the acquisition of other food companies (including Kraft Foods), so in 1986, Pepsi acquired from Philip Morris Seven (7-Up). Seven out of Morris, coconut deshelling machine to Pepsi's, PepsiCo's flagship brand. Seven brand of "non-cola" concept, namely the United States of Coca-Cola, Pepsi-Cola's third largest after the drinks. coconut deshelling machine
Kraft Foods Co., Ltd. is North America's largest food company in the world, employing approximately than 60,000 employees. Kraft's three core product lines as coffee, candy, dairy products and beverages. Where prestigious brands including Kraft (Kraft), Maxwell House (Maxwell), Tang (Guozhen), Sugus (Switzerland sugar), Milka (Milka chocolate), Toblerone (Toblerone chocolate) and Jacob Suchard (Swiss Lufthansa) and so on. Currently, China has more than Kraft Foods in wholly-owned or joint ventures, including: Kraft Foods Co., Ltd. Guang Tong, Kraft day U.S. Food (Tianjin) Co., Nabisco (China) Limited and United Biscuits (China) Limited. coconut deshelling machine
Kraft Foods Co., Ltd. is the world's largest coffee manufacturer. In 1985, Kraft Foods Co., Ltd. and Guangzhou Light Industry Group Co., Ltd., a joint venture Guangtong Kraft Foods Limited. In 2001, Kraft Foods Co., Ltd. became wide pass-owned company Kraft Foods Limited. Kraft-wide coffee production with advanced technology and talents, producing world famous Maxwell House coffee. Products include Maxwell House instant coffee, Maxwell House coffee triple the late Maxwell House coffee milk (dairy creamer) coconut deshelling machine and Maxwell coconut deshelling machine House coffee creamer gift. Maxwell House coffee brand with excellent quality and outstanding and popular at home and abroad, welcomed by consumers.
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