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Imperial Brands PLC (IMB.L)

IMB.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Imperial Brands exec plays down US regulation impact
Wednesday, 8 May 2019 

May 8 (Reuters) - Imperial Brands PLC ::IMPERIAL BRANDS EXEC SAYS CHANCES OF POD-BASED E-CIGARETTE SYSTEMS BEING BANNED IN U.S. ARE EXTREMELY LOW.IMPERIAL BRANDS EXEC SAYS POTENTIAL NEW US REGULATIONS LIKELY TO FACE LITIGATION, SO NOT IMMINENT.  Full Article

Imperial Brands CEO looking at number of possible disposals
Wednesday, 8 May 2019 

May 8 (Reuters) - Imperial Brands PLC ::INTERVIEW-IMPERIAL BRANDS CEO SAYS E-CIGARETTES IN U.S. ARE GROWING AGAIN AFTER SLOWING IN FIRST HALF OF YEAR.IMPERIAL BRANDS CEO SAYS US LAUNCH OF PHILIP MORRIS'S HEAT-NOT-BURN DEVICE SHOULD NOT IMPACT ITS VAPING BUSINESS.IMPERIAL BRANDS CEO SAYS LAUNCHED PILOT OF HEAT-NOT-BURN DEVICE IN JAPAN'S FUKUOKA, TOO EARLY TO COMMENT ON PERFORMANCE.IMPERIAL BRANDS CEO SAYS LOOKING AT A NUMBER OF POSSIBLE DISPOSALS, NOT JUST CIGARS, BUT NO FURTHER COMMENT.IMPERIAL BRANDS SAYS NOT CONCERNED ABOUT POTENTIAL BAN ON MENTHOL CIGARETTES IN U.S..  Full Article

Imperial Brands Says It Is On Track For Full Year Delivery
Wednesday, 8 May 2019 

May 8 (Reuters) - Imperial Brands PLC ::IMPERIAL BRANDS PLC - HALF-YEAR REPORT.IMPERIAL BRANDS PLC - ON TRACK FOR FULL YEAR DELIVERY.IMPERIAL BRANDS PLC - HY OVERALL REVENUES UP 2.5 PER CENT; AND EUROPE AND AMERICAS BOTH GROWING REVENUE BY 4%.IMPERIAL BRANDS PLC - HY BASIC EARNINGS PER SHARE 71.2 PENCE.IMPERIAL BRANDS PLC - HY ADJUSTED EARNINGS PER SHARE 115.6 PENCE.IMPERIAL BRANDS PLC - HY REVENUE ON REPORTED BASIS £14,390 MILLION VERSUS £14,060 MILLION.IMPERIAL BRANDS PLC - HY TOTAL TOBACCO VOLUME 115.2 BILLION STICK EQUIVALENT VERSUS 123.6 BILLION SE AS REPORTED A YEAR EARLIER.IMPERIAL BRANDS PLC - TOBACCO BENEFITING FROM STRONG PRICE/MIX WHILE VOLUMES TEMPORARILY AFFECTED BY SHIPMENT TIMINGS.IMPERIAL BRANDS PLC - DIVESTMENT PROGRAMME ON TRACK.IMPERIAL BRANDS PLC - INTERIM DIVIDEND OF 62.56P UP 10%.IMPERIAL BRANDS SAYS "WE ARE ACTIVELY PARTICIPATING IN ONGOING REGULATORY ENGAGEMENT, SUPPORTING FDA'S EVIDENCE-BASED PROCESS".IMPERIAL BRANDS PLC - CONTINUED MOMENTUM IN TOBACCO AND FURTHER GROWTH FROM NGP SUPPORT FULL YEAR RESULTS IN LINE WITH EXPECTATIONS.IMPERIAL BRANDS - OVERALL POSITION IS THAT GROUP BELIEVES IT IS READY FOR WHATEVER BREXIT SCENARIO OCCURS, DOES NOT FORESEE MATERIAL BREXIT IMPACT.IMPERIAL BRANDS PLC - MITIGATION PLANS HAVE BEEN DEVELOPED FOR SPECIFICALLY IDENTIFIED RISKS IN BOTH CATEGORIES IN RELATION TO BREXIT.IMPERIAL BRANDS PLC - MEDIUM-TERM GUIDANCE FOR CONSTANT CURRENCY EPS GROWTH REMAINS IN PLACE.  Full Article

Imperial Brands Confirms Intention To Sell Worldwide Premium Cigar Business
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Imperial Brands PLC ::INTENTION TO SELL WORLDWIDE PREMIUM CIGAR BUSINESS.DIVESTMENT PROGRAMME WAS ANNOUNCED IN MAY 2018 AND IS EXPECTED TO GENERATE PROCEEDS OF UP TO £2 BILLION BY MAY 2020, IF NOT EARLIER.IMPERIAL IS BEING ADVISED BY AZ CAPITAL WITH RESPECT TO SALE OF PREMIUM CIGARS.SO FAR REALISED £280 MILLION FROM SALE OF A PORTFOLIO OF OTHER TOBACCO PRODUCTS IN USA AND A FURTHER 9.99 PER CENT OF LOGISTA.NO CERTAINTY THAT ANY TRANSACTION WILL TAKE PLACE OR AS TO TERMS OF ANY SUCH TRANSACTION.CONFIRMS ITS INTENTION TO SELL ITS WORLDWIDE PREMIUM CIGAR BUSINESS AS PART OF ITS DIVESTMENT PROGRAMME.TOBACCO VALUATIONS HAVE COME UNDER PRESSURE IN LAST 12 MONTHS, ASSETS TO BE SOLD ONLY IF THEY WILL REALISE APPROPRIATE VALUE.  Full Article

Imperial Brands Sees FY Net Revenue Growth At, Or Above, Upper End Of Revenue Growth Range
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Imperial Brands PLC ::ON TRACK TO MEET CONSTANT CURRENCY NET REVENUE AND EARNINGS EXPECTATIONS FOR FULL YEAR.SEES FY GROUP NET REVENUE GROWTH AT, OR ABOVE, UPPER END OF OUR 1-4% REVENUE GROWTH RANGE.SEES FY EPS GROWTH WITHIN OUR 4-8% GUIDANCE RANGE.ON TRACK TO DELIVER MODEST REVENUE GROWTH IN TOBACCO WITH GROWTH WEIGHTED TO SECOND HALF.TOBACCO VOLUME TRENDS ARE SLIGHTLY BEHIND SECOND HALF OF LAST YEAR.CONTINUE TO EXPECT TO REALISE £50-100M OF OTHER GAINS THIS YEAR WHICH WILL BENEFIT SECOND HALF.H1 EPS WILL ALSO BE IMPACTED BY REDUCTION OF LOGISTA STAKE AND LAST YEAR'S DIVESTMENT OF OTHER TOBACCO PRODUCTS BUSINESS.TRANSLATION FX AT CURRENT RATE OF EXCHANGE IS EXPECTED TO BENEFIT FIRST HALF EARNINGS BY C. 2% AND BE FLAT FOR FULL YEAR.EXPECT FULL YEAR CASH CONVERSION WILL BE AROUND 90%.CONTINUE TO EXPECT TO REALISE £50-100M OF OTHER GAINS THIS YEAR WHICH WILL BENEFIT SECOND HALF.H1 CASH CONVERSION WILL REFLECT TIMING OF LOGISTA CASH FLOWS AND WORKING CAPITAL INVESTMENT TO SUPPORT UK BUSINESS THROUGH BREXIT.SAYS "MYBLU IS PERFORMING WELL WITH INCREASED INVESTMENT".VOLUME TRENDS IMPACTED BY PHASING OF TRADE INVENTORIES, INCLUDING IN US POST OUR RECENT PRICE INCREASE.  Full Article

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

UPDATE 1-UK Stocks-Factors to watch on May 23

May 23 Britain's FTSE 100 index is seen opening 27 points lower at 7,307 on Thursday, according to financial bookmakers, with futures down 0.58% ahead of the cash market open.