logo
Share SHARE
FONT-SIZE Plus   Neg

Imperial Tobacco Sees FY12 Trading In Line With View - Quick Facts

Imperial Tobacco Group Plc (ITYBY.PK,IMT.L) affirmed that the the Group's overall financial position and operational performance for the year to September 30, 2012 is in line with the board's expectations. Following a first quarter impacted by various external factors, the company has delivered strong revenue and profit growth in the second quarter, enhancing its revenue and profit momentum as it enters the second half.

First-half reported tobacco net revenues, at constant currency, are estimated to increase by nearly 3 percent and reported stick equivalent volumes are expected to decline by around 4 percent.

Also, Imperial Tobacco said its performance reflects continued success across its key strategic brands Davidoff, Gauloises Blondes, West and JPS and its luxury Cuban cigar portfolio, complemented by fine cut tobacco gains and further smokeless growth. The company would release its results for the half year ending March 31, 2012 on Tuesday 1 May.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The holiday throng seeking to take a flight out to their preferred destinations at the at New York's Kennedy International Airport ahead of the Memorial Day holiday were in for a rude shock. Technology played a spoilsport, as a computer system broke down Sunday evening at a terminal, causing flight delays and cancellations that resulted in manual check-in process for thousands of holiday passeng The month of May saw the FDA greenlight 5 new drugs, including 1 new molecular entity, and surprisingly turn down 1 drug candidate, whose approval was considered a no-brainer by some experts. Lab equipment maker Thermo Fisher Scientific Inc. has agreed to acquire electron microscope maker FEI Co. for about $4.2 billion in cash, the two companies said Friday. Thermo Fisher noted that FEI's electron microscopy platform will complement its own mass spectrometry systems to accelerate advancements in structural biology.
comments powered by Disqus
Follow RTT