Introduction
Financial Highlights
Letter to Shareholders
Responsibility
Busines Review
Board of Directors & Officers
Financial Review
Shareholder Information
Our Tobacco Companies" Products
Our Food Company"s Products
Annual Report Index

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We have designed this Web site to share information about the Altria family of companies, our growth and development, and issues of interest to our stakeholders. Therefore, although we are very proud of our tobacco companies, we have not included any cigarette brand advertising in this online version of the 2003 Annual Report, because it is not our intention to market, advertise or promote their cigarette brands on this site.


Investing in Brands and Businesses

During 2003, Altria Group, Inc.'s consumer packaged goods companies made long-term investments to keep their businesses strong and their brands among the world's most valuable.

Meeting or Exceeding Societal Expectations

As a family of companies, Altria constantly strives to meet or exceed societal expectations.  Our operating companies continued to emphasize their commitment to manufacturing and marketing consumer products responsibly during 2003.

Managing Litigation and Regulatory Issues

Our tobacco and food companies have effective strategies to address litigation and regulatory challenges, and entered 2004 with significant progress on important issues.

Generating Outstanding Cash Flow

Altria Group, Inc.'s ability to generate substantial cash flow is a hallmark of the company and one of its greatest strengths. We will continue to use this cash flow to invest in further growth and  to reward shareholders.

 

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