Imperial Brands

Imperial Brands CEO Alison Cooper to step down

Imperial Brands (LON:IMB) today announced that Chief Executive Officer Alison Cooper and the Board have agreed that she will step down from the role of CEO and from the Board once a suitable successor is found. As CEO, Alison has driven a sharper focus on Imperial’s strongest brands and markets, halving the number of cigarette brands to ensure a higher …

Imperial Brands

Imperial Brands PLC Disappointing growth for the year

Imperial Brands PLC (LON: IMB) today announced that, in light of a challenging NGP market in the USA and changes to our results expectations in the Africa, Asia and Australasia (AAA) division, Group net revenue for the year to 30th September 2019 is now expected to grow at around 2%, with EPS expected to be broadly flat at constant currencies. …

Imperial Brands PLC Revised Capital Allocation and Shareholder Distributions policy

Imperial Brands PLC (LON:IMB) today announced a revised capital allocation and shareholder distributions policy to support continued growth and optimised returns for shareholders. The Board reaffirms the 10% dividend growth in respect of the final dividend for the current financial year ending 30 September 2019. Thereafter, the revised dividend policy will be progressive, growing annually from the current level, taking …

Imperial Brands PLC Foundations set for accelerated revenue growth

Imperial Brands PLC (LON:IMB), today announced interim results for the six months ended 31 March 2019. “This has been another half of pleasing underlying tobacco performance enhanced by the growing contribution of our NGP business, with overall revenues up 2.5 per cent; and Europe and the Americas both growing revenue by 4%. In tobacco, we continue to focus on our …

Imperial Brands PLC Directorate Change

Imperial Brands PLC (LON:IMB) today announced the following changes to its Board. Jon Stanton will join the Board with immediate effect and will also be a member of the Audit Committee and Succession & Nominations Committee. Jon was appointed Chief Executive of Weir Group PLC in 2016, having previously been CFO from 2010. Prior to that he spent 22 years …

Imperial Brands PLC Appointment of Non-Executive Director

Imperial Brands PLC (LON:IMB) today announced the appointment of Sue Clark as an independent Non-Executive Director of the Company.

Sue will join the Board from 1 December 2018 and will also be a member of both the Remuneration and Succession & Nominations Committees.

Sue has significant international executive committee and board level experience gained in the FMCG, regulated transport and utility sectors. She held a number of senior commercial positions during a 13 year career with SABMiller plc, including Managing Director Europe and Director of Corporate Affairs.

Sue is a member of the Supervisory Board and Remuneration Committee at Akzo Nobel N.V., a Non-Executive Director and Chair of the Remuneration Committee at Britvic plc, a Non-Executive Director and member of the Remuneration and Audit Committees of Bakkavor Group plc and a Non-Executive Director of Tulchan Communications LLP and Heriot-Watt Business School.

Chairman of Imp

Imperial Brands Plc Strong financial delivery

Imperial Brands Plc (LON:IMB), today announced preliminary result for the year ended 30 September 2018.

Delivering Against Our Strategy

· Net revenue up 2% (1% tobacco and 1% NGP); adjusted EPS up 5%

· Sustained tobacco investment delivering quality growth with Asset Brands now 67% of net revenue

· Strong NGP results: blu growth and expanding innovation pipeline

· Reported EPS down 2.7% at actual rates impacted by Palmer & Harvey write-off and adverse FX

· Dividend growth of 10%, supported by cash conversion of 97%

· Divestment programme on track to deliver up to £2bn of proceeds

Overview – Adjusted Basis

Full Year Result

Change

Imperial Brands plc remain on track to deliver full year constant currency revenue

Imperial Brands plc (LON:IMB) will host a capital markets event in London this afternoon focused on the Group’s Next Generation Products business. Ahead of its close period commencing on 1 October, Imperial Brands also issued today the following trading update confirming it is on track to deliver full year constant currency revenue and earnings in line with the guidance range.

Building blu: Capital Markets Event

Today’s event will provide insights into how we are executing against our NGP strategy. At the heart of our strategy is a desire to create something better for the world’s smokers. We want smokers to switch to alternative products with lower health risks. We are enabling this transition by providing an outstanding vaping experience, endorsed by a trusted brand and underpinned by leading edge science.

The presentations will set out the considerable potential NGP offers and why this is also additive for Imperial and its shareholders. We