|Bid||1,535.00 x 0|
|Ask||1,595.00 x 0|
|Day's Range||1,528.00 - 1,569.00|
|52 Week Range||1,142.00 - 1,758.00|
|Beta (5Y Monthly)||0.56|
|PE Ratio (TTM)||9.75|
|Earnings Date||May 18, 2021|
|Forward Dividend & Yield||1.92 (12.45%)|
|Ex-Dividend Date||Feb 18, 2021|
|1y Target Est||3,018.82|
Imperial Brands has seen a “good start” to the year in line with the tobacco giant’s expectations, as the maker of Winston and Backwoods turns to reducing losses in its vaping business.
(Reuters) -Imperial Brands Plc said on Tuesday it is off to a "good start" this year as the maker Gauloises and Winston cigarettes looks to capitalise on higher tobacco prices and "significantly reduced" losses in vaping. On aggregate it has started to increase its tobacco market share in its top five markets with gains in the United States, UK and Spain offsetting declines in Germany and Australia, the FTSE-listed company said. New CEO Stefan Bomhard two months ago laid out a five-year plan that focuses investment on five markets that generate 72% of its profits.
Imperial Brands Plc said on Tuesday it is off to a "good start" this year as the maker Gauloises and Winston cigarettes looks to capitalise on higher tobacco prices and "significantly reduced" losses in vaping. Imperial will also target tobacco-heating products in Europe and e-cigarettes in the United States, reducing losses from its previous one-size-fits-all approach. The company reiterated its forecast for low-to-mid single digit growth in organic adjusted operating profit growth for the year and said overall tobacco volume sales were in line with its expectations.