All the updated news related to imperial brands

All the news related to imperial brands updated in real time

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‘Think carefully’ about Russian investments, Sunak warns businesses

British firms should “think very carefully” about making any investments in Russia which would support Vladimir Putin’s regime, the Chancellor has said. Rishi Sunak warned there is “no case” for new investment in Russia as he said further action ...

13 Mar 2022 at 11:55

Heineken and Imperial Brands latest to halt Russian operations

Beer giant Heineken and cigarette maker Imperial Brands have joined a growing list of firms to halt operations in Russia amid a corporate exodus from the country in response to the Ukraine conflict. Bristol-headquartered Imperial – the group ...

09 Mar 2022 at 12:55

City

Imperial Brands takes hit to annual earnings from Russia exit

Tobacco giant Imperial Brands has revealed a steep fall in annual profits after taking a £463 million hit from its move to pull out of Russia. The group behind brands such as blu, Gauloises cigarettes and Rizla posted a 14.7% drop in ...

15 Nov 2022 at 11:57

City

Imperial unveils £1bn share buyback as it cheers boost from travel rebound

Tobacco giant Imperial Brands has revealed plans for a £1 billion share buyback as it hailed the recovery of global travel markets for buoying duty-free sales and revealed a boost from the battered pound. The group behind brands ...

06 Oct 2022 at 09:59

City

Imperial Brands on track to meet expectations despite vape setback in the US

Cigarette and vape-maker Imperial Brands said that it expects to meet expectations this year with rises in profit and revenue, but warned that its next-generation products had taken a hit in the US. The business said that it ...

13 Apr 2023 at 09:53

City

Cigarette maker Imperial Brands sees profits rise as US market share increases

Cigarette maker Imperial Brands has reported a healthy rise in profit as it managed to put up its tobacco product prices to offset a fall in sales. The business said that it had increased its aggregate market share across ...

16 May 2023 at 10:49

City

Tobacco firm Imperial Brands ‘on track’ after price increases

Imperial Brands has said it is on track with targets after higher pricing helped to offset lower volume sales of traditional tobacco products. The tobacco firm also announced a £1.1 billion share buy-back for its ...

05 Oct 2023 at 07:53

Almost £1bn wiped off tobacco firms after Sunak’s smoking crackdown

The UK’s biggest tobacco firms saw almost £1 billion wiped off their shares as they warned that the Government plan to raise the legal age for buying tobacco “threatens significant unintended consequences”. ...

04 Oct 2023 at 15:45

City

Higher tobacco prices to drive profit rise at Imperial Brands

Imperial Brands is set to reveal a rise in profits for the first half of the year after being boosted by increases in tobacco prices. The JPS and Gauloises cigarette maker said it is “on track” to meet ...

09 Apr 2024 at 07:50

City

Vape sales spike for Rizla and Golden Virginia maker Imperial Brands

The maker of Golden Virginia tobacco and Winston cigarettes has said vape sales soared last year as it increasingly looks to focus on so-called “next generation” products (NGP). Imperial Brands, which ...

19 Nov 2024 at 10:19

City

Imperial Brands sees profits drop after Russia hit

The tobacco company behind Golden Virginia and Rizla reported a big drop in profit as it took a hit from leaving Russia. Imperial Brands said that the exit took a £225 million chunk out of its ...

17 May 2022 at 09:25

City

Imperial Brands sees weaker first half growth amid heavy spend in vaping arm

Tobacco giant Imperial Brands has said it expects earnings to edge higher in the next financial year but will be held back in the first six months due to pricing action and investment in ...

14 Nov 2023 at 09:23

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