Imperial Brands – No Surprise Here
Imperial Brands PLC (LON:IMB)’s underlying revenue is expected to grow at 1% driven by strong tobacco pricing. Together with reduced losses in Next Generation Products (NGP) and improved performance in Distribution, this should feed into underlying operating profit growth in the low to mid-single digits, as expected. Q3 2021 hedge fund letters, conferences and more CEO Stefan Bomhard said, “We have made good progress in implementing our strategy through a sharper management focus, greater investment behind our priority combustible tobacco markets and new market trials in heated tobacco and vap...