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United Kingdom

Imperial Brands PLC (IMB.L)

IMB.L on London Stock Exchange

2,690.00GBp
12 Nov 2018
Change (% chg)

-60.00 (-2.18%)
Prev Close
2,750.00
Open
2,699.00
Day's High
2,699.00
Day's Low
2,613.00
Volume
3,338,016
Avg. Vol
1,979,790
52-wk High
3,204.15
52-wk Low
2,298.00

Latest Key Developments (Source: Significant Developments)

Imperial Brands CEO plans Japan heated tobacco launch in Q1
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - Imperial Brands PLC ::IMPERIAL BRANDS CEO SAYS MAJORITY OF 100 MILLION POUND STEP-UP IN BLU INVESTMENT TO BE SPENT IN SEVEN MARKETS.IMPERIAL BRANDS CEO SAYS HAS NOT SEEN ANY IMPACT IN UK SALES SINCE LAUNCH OF JUUL.IMPERIAL BRANDS CEO SAYS WORKING W/ US FDA ON POTENTIAL LAUNCH A CONNECTED E-CIGARETTE IN US THAT HAS BUILT-IN AGE VERIFICATION.IMPERIAL BRANDS CEO SAYS READYING PLANS TO LAUNCH HEATED TOBACCO DEVICE IN JAPAN IN FIRST QUARTER OF 2019.  Full Article

Imperial Brands Says Divestment Programme On Track To Deliver Up To 2 Bln Pounds Of Proceeds
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - Imperial Brands PLC ::IMPERIAL BRANDS PLC - DIVESTMENT PROGRAMME ON TRACK TO DELIVER UP TO £2BN OF PROCEEDS.IMPERIAL BRANDS PLC - FY TOTAL ADJUSTED OPERATING PROFIT 3,766 MILLION STG VERSUS 3,761 MILLION STG AS REPORTED A YEAR EARLIER.IMPERIAL BRANDS PLC - FY REPORTED REVENUE 30,524 MILLION STG VERSUS 30,247 MILLION STG AS REPORTED A YEAR EARLIER.IMPERIAL BRANDS PLC - MEDIUM TERM GUIDANCE FOR CONSTANT CURRENCY EPS GROWTH OF 4-8% REMAINS IN PLACE.IMPERIAL BRANDS PLC - COST OPTIMISATION IS ON TRACK AND HAS DELIVERED £110M OF INCREMENTAL SAVINGS IN FY18.IMPERIAL BRANDS PLC - FY TOTAL TOBACCO VOLUME 255.5 BILLION SE VERSUS 265.2 BILLION SE AS REPORTED A YEAR EARLIER.IMPERIAL BRANDS PLC - ANNUAL DIVIDEND OF 187.8P UP 10%; DIVIDEND PAY-OUT RATIO OF 69%.IMPERIAL BRANDS - IN YEAR AHEAD, EXPECT TO DELIVER CONSTANT CURRENCY REVENUE GROWTH AT, OR ABOVE, UPPER END OF 1-4% REVENUE GROWTH RANGE.IMPERIAL BRANDS PLC - WILL INCREASE INVESTMENT IN BLU BY AROUND £100M IN FIRST HALF TO SUPPORT FURTHER REVENUE ACCELERATION.IMPERIAL BRANDS-INVESTMENT TO RESULT IN SLIGHTLY LOWER ADJUSTED OPERATING PROFIT IN H1 THAT WILL BE MORE THAN OFFSET IN H2 TO DELIVER FULL YEAR PROFIT GROWTH.IMPERIAL BRANDS PLC - EXPECT NGP BUSINESS TO BEGIN TO CONTRIBUTE TO GROUP PROFIT AS CO EXITS FY19, WITH MARGINS CONTINUING TO BUILD THEREAFTER.IMPERIAL BRANDS PLC - MEDIUM TERM GUIDANCE FOR CONSTANT CURRENCY EPS GROWTH OF 4-8% REMAINS IN PLACE.  Full Article

FDA Says Met With Leadership Of Cos Including Altria Group, Juul Labs, Reynolds American
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - FDA Commissioner Scott Gottlieb::FDA COMMISSIONER SCOTT GOTTLIEB SAYS MET IN PAST SEVERAL WEEKS WITH LEADERSHIP OF COS INCLUDING ALTRIA GROUP, JUUL LABS, REYNOLDS AMERICAN, AMONG OTHERS.FDA'S GOTTLIEB SAYS COMPANIES ACKNOWLEDGED SERIOUS PUBLIC HEALTH CONSEQUENCES ASSOCIATED WITH YOUTH USE OF TOBACCO PRODUCTS.FDA'S GOTTLIEB SAYS ALSO MET IN PAST SEVERAL WEEKS WITH LEADERSHIP OF FONTEM VENTURES, AND JAPAN TOBACCO INTERNATIONAL USA INC.FDA'S GOTTLIEB SAYS COMPANIES ACKNOWLEDGED THE ROLE THAT FLAVORED E-CIGARETTE PRODUCTS PLAY IN APPEALING TO KIDS.FDA'S GOTTLIEB SAYS COS ALSO ACKNOWLEDGED POWER OF SOCIAL SOURCING OF TOBACCO PRODUCTS IN CONTRIBUTING TO YOUTH TOBACCO USE.FDA'S GOTTLIEB SAYS COMPANIES ACKNOWLEDGED THE ROLE THAT FLAVORED E-CIGARETTES CAN ALSO PLAY IN HELPING ADULT SMOKERS QUIT.FDA'S GOTTLIEB SAYS SOME COMPANIES SAID THAT THEY WOULD SUPPORT RAISING THE MINIMUM AGE TO PURCHASE TOBACCO TO 21 YEARS OF AGE.FDA'S GOTTLIEB SAYS STILL BELIEVE THAT INNOVATIONS THAT DON’T USE COMBUSTION MAY OFFER OPPORTUNITY FOR ADULTS TO TRANSITION OFF COMBUSTIBLE TOBACCO.  Full Article

Imperial Brands Disposes Range Of Other Tobacco Products In USA​
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Imperial Brands Plc ::‍SALE OF OTHER TOBACCO PRODUCTS IN USA​.‍DISPOSAL OF A RANGE OF OTHER TOBACCO PRODUCTS INCLUDING ROLL YOUR OWN BRANDS, TUBES, TIPS, CIGARETTE PAPERS AND OTHER ACCESSORIES IN USA​.  Full Article

Imperial Brands Says ‍Remain On Track To Meet Constant Currency Net Revenue And Earnings Expectations For Full Year​
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Imperial Brands Plc ::REMAIN ON TRACK TO MEET CONSTANT CURRENCY NET REVENUE AND EARNINGS EXPECTATIONS FOR FULL YEAR​.‍DELIVERY WILL BE WEIGHTED TO SECOND HALF​.H1 WILL REFLECT SOME NEGATIVE PRICE/MIX IMPACTS, PARTICULARLY POST EUTPD IN UK AND POST EXCISE INCREASES IN FRANCE​.‍CONSTANT CURRENCY NET REVENUE GROWTH FOR FULL YEAR IS EXPECTED TO BE IN LINE WITH OUR MEDIUM-TERM GUIDANCE​.‍ANTICIPATE FIRST HALF NON- OPERATING INCOME TO BE MATCHED AT A SIMILAR LEVEL TO LAST YEAR​.FY ADJUSTED OPERATING PROFIT (EXCLUDING P&H WRITE-OFF) ANTICIPATED TO BE WEIGHTED MORE TO SECOND HALF THAN LAST YEAR AT CONSTANT CURRENCY​.‍EXPECT SECOND HALF NET REVENUES TO BE STRONGER DUE TO IMPROVED PRICE/MIX IN TOBACCO AND AN INCREASING CONTRIBUTION FROM E-VAPOUR PRODUCTS​.‍STRENGTHENING OF STERLING IS EXPECTED TO RESULT IN CURRENCY TRANSLATION HEADWIND ON REVENUE, ADJUSTED PROFIT OF ABOUT 3.5% AT HY AND 2.5-3.0% AT FY​.  Full Article

Japan Tobacco has contingency plans around Palmer & Harvey
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Japan Tobacco Inc <2914.T>::JAPAN TOBACCO INTERNATIONAL SAYS HAS "WORKED CONTINUOUSLY" TO FACILITATE A CONSTRUCTIVE SOLUTION TO PALMER & HARVEY'S CHALLENGES INCLUDING EXTENDING SIGNIFICANT FINANCIAL AND OPERATIONAL SUPPORT.JAPAN TOBACCO INTERNATIONAL SAYS EFFORTS TO SUPPORT P&H WERE NOT SUCCESSFUL BUT HAS A CONTINGENCY PLAN IN PLACE AND EXPECTS NO SIGNIFICANT INTERRUPTION IN SUPPLY.  Full Article

Imperial Brands Sees No Significant Disruption To UK Ops After P&H Enters Into Administration
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Imperial Brands Plc ::‍IN OCT 2017 PALMER & HARVEY ENTERED A PERIOD OF EXCLUSIVITY WITH CARLYLE GROUP WITH INTENTION OF SECURING SIGNIFICANT CAPITAL INVESTMENT.‍DISAPPOINTED TO LEARN THAT DESPITE IMPERIAL'S ON-GOING SUPPORT, DIRECTORS OF P&H HAVE TODAY APPOINTED ADMINISTRATORS.​.WAS PREPARED TO EXPLORE FURTHER ALTERNATIVES BUT OTHER PARTIES HAVE BEEN UNWILLING TO PURSUE THESE TO A SUCCESSFUL CONCLUSION​.ESTIMATE THAT P&H'S DECISION TO ENTER ADMINISTRATION MAY HAVE A ONE-OFF IMPACT ON GROUP OPERATING PROFIT IN CURRENT FY OF UP TO £160 MILLION​.‍DO NOT ANTICIPATE ANY SIGNIFICANT DISRUPTION TO OUR UK OPERATIONS​.  Full Article

Imperial Brands comments on vapor products
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Imperial Brands Plc :Imperial brands ceo says going into trial w/ a number of platforms in heated tobacco.Imperial brands ceo says to launch 3 new vapour platforms w/ more than 20 new flavors.Imperial brands exec says expects its vapour products to be in more than 10 markets by end of fiscal 2018, more than 20 by end of fiscal 2019.Imperial brands exec says still believes e-vapor is going to be the winning platform, but needs to keep optionality w/ other alternatives.Imperial brands ceo says proposal by us regulator regarding e-cigarettes was "good to see" in terms of how they are looking at market.  Full Article

Imperial Brands sells 10 pct of Logista for 252.2 mln euros
Thursday, 7 Sep 2017 

Sept 7 (Reuters) - CREDIT SUISSE SECURITIES (EUROPE) AND GOLDMAN SACHS INTERNATIONAL::CLOSE PLACEMENT OF 10 PCT OF LOGISTA <<>> ON BEHALF OF IMPERIAL BRANDS PLC <<>> AT 19.0 EUROS PER SHARE, 252.2 MILLION EUROS IN TOTAL.  Full Article

Imperial Brands to sell 10 pct of Logista in accelerated bookbuild
Wednesday, 6 Sep 2017 

Sept 6 (Reuters) - CREDIT SUISSE SECURITIES (EUROPE) AND GOLDMAN SACHS INTERNATIONAL::PLACE 10 PCT OF LOGISTA <<>> FOR IMPERIAL BRANDS <<>> IN ACCELERATED BOOKBUILD OFFER.SAY IMPERIAL BRANDS TO MAINTAIN 60 PERCENT STAKE IN LOGISTA AFTER PLACEMENT.  Full Article