Edition:
United Kingdom

Imperial Brands PLC (IMB.L)

IMB.L on London Stock Exchange

2,525.50GBp
10:22am BST
Change (% chg)

53.50 (+2.16%)
Prev Close
2,472.00
Open
2,477.50
Day's High
2,531.00
Day's Low
2,474.00
Volume
802,458
Avg. Vol
2,547,959
52-wk High
3,859.00
52-wk Low
2,298.00

Latest Key Developments (Source: Significant Developments)

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

Moody's says price hikes and cost cuts light a stable fire for European tobacco sector's outlook
Wednesday, 26 Jul 2017 

July 26 (Reuters) - Moody's on European tobacco sector - :Moody's: price hikes and cost cuts light a stable fire for european tobacco sector's outlook.Moody's says price hikes combined with stronger product mix and cost cuts will help European tobacco Co grow operating profits at 5.0 pct - 6.0 pct over next 12-18 months.Moody's on European tobacco sector: in U.S. and Europe, price hikes, robust product mix and cost cutting will offset falling cigarette sales on operating profit growth.Moody's on European tobacco sector: alternative products will continue to gain traction, but unlikely to make significant impact on operating profits.Moody's on European tobacco sector - Philip Morris International will benefit from both U.S. dollar weakness and currency stability in emerging markets where it generates around 50 percent of its operating income.Moody's on European tobacco sector says cigarette consumption continues to increase in Middle East and Africa, but is declining in Russia.  Full Article

Spectris appoints Mark Williamson as non-executive chairman
Wednesday, 17 May 2017 

May 17 (Reuters) - Spectris Plc ::Announces that Mark Williamson has been appointed to board as non-executive chairman with effect from conclusion of AGM.Agm to be held on 26 May 2017.Mark is currently chairman of Imperial Brands Plc and senior independent director and chairman of audit committee of National Grid Plc.  Full Article

Imperial exec sees opportunities for m&a in us vapor market but trick is finding the brand whose technology is original
Wednesday, 3 May 2017 

Imperial Brands Plc :Imperial brands cfo says translational benefits should add 9 percent to full-year earnings at current spot rates.Imperial brands cfo says expects foreign exchange markets to remain highly volatile in near term, such as in uk due to election.Imperial brands ceo says has seen a stronger reaction than expected in germany to eu pack regulations.Imperial brands executive says still sees more opportunity in vapour, rather than heated tobacco but if had to change mind, can make a move in number of months.Imperial exec sees opportunities for m&a in us vapor market but trick is finding the brand whose technology is original.  Full Article

UPDATE 1-Mega deals fail to lift Britain's FTSE amid global gloom

* U.S. bond yields spook global markets (Adds closing prices, Comcast Sky offer)