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2.16 MB | Adobe PDF |
Advisor(s)
Abstract(s)
This report focuses on the extent to which Switzerland tobacco market has evolved in
line with changing smoking habits, dynamic competitive environment and economic
developments. It analyzes the implications market realignments have had on tobacco
companies and how pricing is more than ever driving growth. This equity research aims to
value a Tobacco Company (Company AAA) in Switzerland and spotlights its fundamental
value driver’s components and key business components.
For confidentiality reasons, I have been asked to replace original company names
and associated brands by pseudonyms. I have attributed surnames to each company and
respective brands.