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Philip Morris Operations A.D. Nis (Serbia)

Main Activities: Tobacco Manufacturing
Full name: Philip Morris Operations A.D. Nis Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Philip Morris Operations A.D. Nis, former DIN Fabrika duvana Nis (Tobacco Factory Nis), is a leading Serbian cigarette producer. Among the brands the company manufactures are local Best Export, Classic, and Drina and brands from the Philip Morris International portfolio such as Marlboro, Parliament, L&M Bond Street, Philip Morris and Next.
In August 2003, Phillip Morris became the majority owner of DIN, buying 67% stake for EUR387 mln. Phillip Morris has also committed to invest EUR 64.85mln in the plant and set aside additionally EUR 59.1mln for a social program and employees shares buy-out. In January 2011, the company was renamed into Philip Morris Operations.

Headquarters
12.februar 74
Nis-Crveni Krst; Nis-Crveni Krst; Postal Code: 18000

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Website: http://www.din.co.rs

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 11, 2003
Key Executives
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Chairman of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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83.6%
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16.2%
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0.2%
Subsidiaries
Astra Banka - U Stecaju
Company Performance
Financial values in the chart are available after Philip Morris Operations A.D. Nis report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RSD. Absolute financial data is included in the purchased report.
Net sales revenue
7.23%
Total operating revenue
7.22%
Operating profit (EBIT)
-3.26%
EBITDA
-4.78%
Net Profit (Loss) for the Period
3.75%
Total assets
14.69%
Total equity
-26.06%
Operating Profit Margin (ROS)
-2.74%
Net Profit Margin
-0.75%
Return on Equity (ROE)
6.53%
Debt to Equity Ratio
0.02%
Quick Ratio
-1.02%
Cash Ratio
-0.79%

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