Invariant
SubstackArticles
122
Companies covered
19
Sectors
4
Countries
5
Research Articles
British American Tobacco: Affirmed
Jun 7, 2026
Scandinavian Tobacco Group: What If?
May 31, 2026
Imperial Brands: Solemn
May 24, 2026
Haypp Group: Engine for the New Environment
May 17, 2026
Logista: Still Truckin'
May 10, 2026
Altria: An Oral History
May 3, 2026
Philip Morris International: Centered
Apr 26, 2026
Imperial Brands: An Ode to Zero
Apr 19, 2026
Scandinavian Tobacco Group: Boxed
Mar 8, 2026
Logista: Not All Too Piggish
Mar 1, 2026
Haypp Group: Acceleration
Feb 22, 2026
British American Tobacco: Stoking the Fire
Dec 14, 2025
Scandinavian Tobacco Group: A Tale of Two
Dec 7, 2025
Logista: And Paste
Nov 30, 2025
Imperial Brands: Never Complacent
Nov 23, 2025
Scandinavian Tobacco Group: Washed
Nov 16, 2025
Haypp Group: Riposte
Nov 9, 2025
Altria: Drift
Nov 2, 2025
Philip Morris International: ZYNsn't It?
Oct 26, 2025
Imperial Brands: A Plus With Cs
Oct 12, 2025
Scandinavian Tobacco Group: Racked
Aug 31, 2025
Haypp Group: Skyward
Aug 17, 2025
British American Tobacco: Steadied
Aug 10, 2025
Altria: Lean
Aug 3, 2025
Philip Morris International: Steadfast
Jul 27, 2025
Logista: Sustained
Jul 20, 2025
British American Tobacco: Pinhole
Jun 8, 2025
Scandinavian Tobacco Group: Stretched
Jun 1, 2025
Imperial Brands: Eventually
May 25, 2025
Logista: Measured
May 18, 2025
Haypp Group: Land Grab
May 11, 2025
Altria: From a Stone
May 4, 2025
Philip Morris International: Blasphemy
Apr 27, 2025
Haypp Group: Through the Fog
Apr 13, 2025
Imperial Brands: Disciplined
Mar 30, 2025
United-Guardian: Aimless
Mar 23, 2025
Scandinavian Tobacco Group: Wider
Mar 9, 2025
Logista: Succinct
Mar 2, 2025
Haypp Group: Answered
Feb 23, 2025
British American Tobacco: Raw
Feb 16, 2025
Philip Morris International: Conquest
Feb 9, 2025
Altria: Puzzling
Feb 2, 2025
British American Tobacco: Indigestion
Dec 15, 2024
Imperial Brands: Doubt-Driven
Dec 8, 2024
Logista: Just Over Ten
Nov 24, 2024
Scandinavian Tobacco Group: Elusive
Nov 17, 2024
Haypp Group: Rerouting
Nov 10, 2024
Altria: Running Out
Nov 3, 2024
Philip Morris International: All Fronts
Oct 27, 2024
British American Tobacco: Refocused
Oct 20, 2024
United-Guardian: Through Hindsight
Oct 6, 2024
Haypp Group: Tremors
Sep 22, 2024
Logista: Heartier
Sep 1, 2024
Scandinavian Tobacco Group: Aggression Abounds
Aug 25, 2024
Haypp Group: Further
Aug 18, 2024
Altria: Back to the Race
Aug 11, 2024
British American Tobacco: So What?
Aug 4, 2024
Philip Morris International: Follow Through
Jul 28, 2024
Intercontinental Exchange: Looking Back
Jul 7, 2024
United-Guardian: Welcoming Instability
Jun 30, 2024
Imperial Brands: Black Hole
Jun 2, 2024
Logista: Steady as She Goes
May 26, 2024
Scandinavian Tobacco Group: What Is Normal?
May 19, 2024
Altria: Rorschach
May 12, 2024
Haypp Group: Pricing Gaps
May 5, 2024
Philip Morris International: Product Position
Apr 28, 2024
Scandinavian Tobacco Group: Added Figures
Apr 7, 2024
OTIS: To Go Unnoticed
Mar 31, 2024
Logista: Undisturbed
Mar 17, 2024
Scandinavian Tobacco Group: Across the Board
Mar 10, 2024
British American Tobacco: Shining Through
Feb 18, 2024
Philip Morris International: More More More
Feb 11, 2024
Altria: The Great Race
Feb 4, 2024
22nd Century Group: Answering the Wrong Question
Jan 14, 2024
Logista: Old Roots, Green Sprouts
Jan 7, 2024
British American Tobacco: Identity Crisis
Dec 10, 2023
United-Guardian: It’s All Relative
Dec 3, 2023
Scandinavian Tobacco Group: Pockets
Nov 26, 2023
Imperial Brands: Mechanical Animal
Nov 19, 2023
OTIS: Compounding Lifetime Value
Nov 5, 2023
Altria: Recalibration
Oct 29, 2023
Imperial Brands: Looking Through the Noise
Oct 8, 2023
Scandinavian Tobacco Group: Liberation
Sep 10, 2023
Intercontinental Exchange: The Green Light
Aug 27, 2023
OTIS: The Next Phase
Aug 20, 2023
United-Guardian: Patience Is the Game
Aug 13, 2023
Altria: Executing Where It Counts
Aug 6, 2023
United-Guardian: Caught in the Storm
Jun 4, 2023
Meta: The Foundation
May 28, 2023
British American Tobacco: A Great Divergence
May 21, 2023
Altria: One More Step
Apr 30, 2023
Philip Morris International: The High End of Low
Apr 23, 2023
United-Guardian: Durable Dollars
Apr 9, 2023
Altria Investor Day 2023
Mar 26, 2023
Altria's NJOY Acquisition
Mar 19, 2023
Altria’s Investment History
Mar 5, 2023
Carrier: People Need Our Products
Feb 26, 2023
OTIS: Flywheel Growth
Feb 19, 2023
Altria: The Ultimate Balancing Act
Feb 5, 2023
WhatsApp: Meta's Next Growth Engine
Dec 4, 2022
Meta: Pain and Patience
Nov 27, 2022
United-Guardian: Taking Aim
Nov 20, 2022
Altria: Completely Consumer-Driven
Oct 30, 2022
Carrier $CARR: Analysis and Valuation, 2022
Oct 16, 2022
