Philip Morris ČR reported consolidated revenues, excl. excise tax and VAT, totalling CZK 5.4bn for H1 2016, up 5.7%. Consolidated net profit dropped 1.9% to CZK 1.3bn. Board of directors chairman and general director Arpad Konye has stated that revenues were supported by favourable development of sales and individual brands’ share on sales in the Czech Republic and Slovakia, as well as higher revenues from production services. Domestic sales grew 6.6% in the Czech Republic and 3.3% in Slovakia.