Altria Group grew full-year adjusted diluted EPS by 8.9%Staff writer ▼ | January 29, 2016
Altria Group announced its 2015 fourth-quarter and full-year business results The company grew full-year adjusted diluted EPS by 8.9%.
Altria Group Total return to shareholders was 23.1%
“We grew full-year adjusted diluted EPS by 8.9%, in line with our long-term EPS growth objective. Altria paid nearly $4.2 billion in dividends to shareholders, consistent with our goal of paying out approximately 80% of adjusted diluted EPS.
"And Altria’s total return to shareholders of 23.1% far outpaced the S&P 500 and the S&P Food, Beverage and Tobacco Index, marking the third consecutive year that total shareholder return has exceeded 20%.”
“Our core businesses generated impressive and consistent income growth during the year behind the strength of their premium brands. Marlboro grew retail share for the fourth consecutive year.
"And in smokeless products, our leading premium brand, Copenhagen, was the fastest growing brand in the category, supporting USSTC’s strategy of combined Copenhagen and Skoal retail share growth.”
“In addition, we supported the agreement between AB InBev and SABMiller to create the first truly global beer company.
"When completed, we expect to capture a significant premium on our very large investment in SABMiller and continue our participation in the global beer profit pool on attractive terms.” Conference Call ■