Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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.

Click here to receive FREE breaking news email alerts for Imperial Tobacco Group PLC and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
After trending higher over the past several sessions, stocks showed a lack of direction throughout the trading day on Friday before closing roughly flat. A muted reaction to a highly anticipated speech by Federal Reserve Chair Janet Yellen contributed to the lackluster performance. Republican Scott Brown has significantly narrowed the gap in the race against incumbent New Hampshire Sen. Jeanne Shaheen, D-N.H., according to the results of a new WMUR Granite State Poll. On the heels of the violent clashes between local police and protestors in Ferguson, Missouri, Sen. Claire McCaskill, D-Mo., announced that she will hold a Senate hearing in September to examine the militarization of local police departments.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.