Imperial Brands PLC (ITB.SG)
- Simply Wall St.
Imperial Brands (LON:IMB) Is Looking To Continue Growing Its Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
- PA Media: Money
Higher tobacco prices to drive profit rise at Imperial Brands
The JPS and Gauloises cigarette maker said it is on track to meet half-year and full-year financial targets.
- Reuters
Imperial Brands expects higher first-half profit on strong tobacco pricing
The maker of Winston cigarettes and Backwoods cigars expects to meet its full-year expectations of growing net revenue and delivering a step up in adjusted operating profit growth. Imperial Brands said last year it would increase prices in its key markets to offset declining volumes, while the company also faces regulatory pressures such as a potential UK ban on cigarette sales to younger people. For the full-year, on a constant currency basis, tobacco and next generation product (NGP) like disposable vapes net revenue is expected to grow at a low single-digit percentage rate.
