Revenue Growth
Consolidated revenue increased by $40 million to $1.3 billion for the first half of the fiscal year, and by $43 million to $754 million in the second quarter.
Operating Income Increase
Operating income rose by $16 million to $101 million for the first half of the fiscal year.
Tobacco Operations Performance
Revenue in the Tobacco Operations segment rose by $29 million, driven by a 3% increase in tobacco sales volumes.
Strong Demand and Shipment Execution
Customer demand in the Tobacco Operations segment remained firm, and shipments were executed earlier than the previous year.
Debt Reduction
Net debt was reduced by $52 million as of September 30 compared to the same date last year.