Edition:
United Kingdom

Imperial Brands PLC (IMB.L)

IMB.L on London Stock Exchange

3,085.00GBp
15 Dec 2017
Change (% chg)

35.00 (+1.15%)
Prev Close
3,050.00
Open
3,051.00
Day's High
3,085.00
Day's Low
3,040.00
Volume
3,608,693
Avg. Vol
2,505,675
52-wk High
3,956.50
52-wk Low
3,013.00

Latest Key Developments (Source: Significant Developments)

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 says on track to meet FY expectations
Thursday, 29 Sep 2016 

Imperial Brands Plc : Trading statement . At current exchange rates, we expect currency translation to benefit full year earnings by c. 4-5 pct . Full year impact of currency transaction on earnings remains at around 3 pct for full year . Have delivered strong growth in reported tobacco net revenue for year driven by us acquisition and benefit of currency translation . Full year trend for total tobacco volumes and operating profit margin is broadly in line with first half . Our cost optimisation programme is on track to deliver targeted savings and cash conversion remains strong . In returns markets, our priority has remained on managing share and profit; benefit from price increases has been offset by a combination of adverse mix .On track to meet full year expectations at both constant currency and reported exchange rates.  Full Article

Imperial Brands PLC declares interim dividend
Wednesday, 4 May 2016 

Imperial Brands PLC:Declares interim dividend of 47.0 pence per share.Says this dividend will be paid as two payments of 23.5 pence per share on June 30, 2016 and Sept. 30, 2016, with an ex-dividend date of May 19 and Aug. 18 respectively.  Full Article

Imperial Tobacco Group PLC sees on track to meet FY 2016 expectations
Thursday, 11 Feb 2016 

Imperial Tobacco Group PLC:Says that it remain well placed to meet expectations for FY 2016 as the company continue to focus on strengthening the business and improving its quality of growth.  Full Article