Imperial Brands Stock News

FY21 results had little evidence that the turnaround is working, which outweighs the appeal of a 6.4x P/E and an 8.9% Dividend Yield.

Shares in tobacco and vaping giant Imperial Brands (IMB) eased 0.4% to £15.90 after flagging an expected hike in sales and marketing investment that is likely to act as a brake on operating profit.

The FTSE 100 tobacco group, which makes Gauloises and West cigarettes, also saw losses narrow in its e-cigarettes business.

Morgan Stanley reiterated their underweight rating on shares of Imperial Brands (LON:IMB) in a research note issued to investors on Monday, Price Targets.com reports. Other equities research analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft reissued a buy rating on shares of Imperial Brands in a research report on Tuesday, []

Chief Executive Stefan Bomhard has been trying to steady the business after years of sluggish growth and market share losses. He laid out a five-year turnaround plan in January to take Imperial back to its cigarette-selling roots and focus on five markets https://www.reuters.com/world/uk/imperial-brands-focus-top-five-cigarette-markets-2021-01-27 that generate nearly three quarters of its profit.

Imperial Brands PLC (IMBBY) CEO Stefan Bomhard on Q4 Results - Earnings Call Transcript

UK unemployment has come in lower than expected, completing the pandemic jobs miracle enabled by the furlough scheme .

The company said it is expecting net revenue growth in fiscal 2022 to be at a similar rate as 2021, while adjusted operating profit will be slightly slower than net revenue due to higher investments. ($1 = 0.7444 pounds)

Tobacco group Imperial Brands reported a slight tick in its full-year sales on Tuesday, aided by higher cigarette prices that more than offset the decline in volumes. The maker of Gauloises and West cigarettes reported organic adjusted group revenue of 7.59 billion pounds ($10.20 billion), up 1.4% in constant currencies, for the year ended Sept.

Imperial Brands PLC (LSE:IMB), the tobacco giant, is still losing market share albeit not as quickly as it had been. The FTSE 100 giant made market share gains in the US, UK and Spain but this did not

Tobacco group Imperial Brands reported a slight uptick in its full-year sales on Tuesday, aided by higher cigarette prices that more than offset a decline in volumes.

Two disappointing giants of the FTSE 100 report results on Tuesday, Vodafone and Imperial Brands, with their shares down 45% and 54% over the past five years. Imperial Brands PLC (LSE:IMB), although i

The FTSE 100 index will dominate another trading week as constituents Royal Mail PLC (LSE:RMG), Vodafone plc, Imperial Brands PLC (LSE:IMB), British Land Company PLC (LSE:BLND) and SSE PLC (LSE:SSE) a