Aug 7, 2014

Three Big Tobacco Companies Droped Ranking on "Fortune" Global 500 in 2014



The latest Fortune Magazine publish the world top 500 list in July.
There are only three tobacco companies on the list, but compared with 2013, tobacco companies ranking general decline, Imperial Tobacco is out of the world top 500 lists in two consecutive years.

PMI's ranking was 362 in 2013, and dropped to 390 in 2014; Japan Tobacco was 459 in 2013, and dropped to 495 in 2014; BAT was 485 in 2013, dropped to 499 in 2014. Specific rankings are as follows:







Comments:

Tobacco companies have fallen sharply in the world top 500 list, smoking control measures and the increasing number of people to improve health awareness in recent years, thus contributing to the declining sales of tobacco products. In addition, the popular electronic cigarette in 2013, also affected the tobacco company's revenue. However, this slowdown will probably be reversed in a few years, because the current big tobacco companies have set foot in the field of electronic cigarette, once they expand business in electronic cigarette, revenue from electronic cigarette will make up for tobacco business even beyond decline in part, so that the tobacco company's earnings rise again.