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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Imperial Brands Plc | LSE:IMB | London | Ordinary Share | GB0004544929 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
25.50 | 1.46% | 1,774.00 | 1,772.50 | 1,773.50 | 1,774.00 | 1,750.00 | 1,750.50 | 2,049,938 | 16:35:24 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Cigarettes | 32.48B | 2.33B | 2.6392 | 6.72 | 15.64B |
By Rory Gallivan
LONDON--U.K. tobacco company Imperial Brands PLC (IMB.LN) Tuesday reported a fall in full year net profit as duty and other costs rose, but increased its dividend and announced a new investment plan to raise revenue.
The maker of Gauloises cigarettes and Rizla rolling paper said net profit for the year ended September 30 fell to 631 million pounds ($784.6 million), down from GBP1.7 billion the previous year on revenue of GBP27.63 billion compared with GBP25.29 billion a year earlier.
The full-year dividend rises 10.1% to 155.2 pence.
Imperial announced an investment plan to support medium-term revenue growth, which will be accompanied by the company targeting cost savings of GBP300 million a year by 2020, at a cost of GBP750 million.
Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan
(END) Dow Jones Newswires
November 08, 2016 02:36 ET (07:36 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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