Stock Market News
Imperial Brands reports flat first-half sales
2022.05.17 09:32
FILE PHOTO: Packs of Gauloises cigarettes are on display in a tobacco shop in Vienna, Austria, May 12, 2017. REUTERS/Leonhard Foeger
LONDON (Reuters) – Imperial Brands (OTC:IMBBY) on Tuesday reported a marginal increase in first half sales as demand for ecigarettes and heated tobacco products helped make up for lower tobacco volumes.
The maker of Winston cigarettes and Backwoods cigars reported adjusted net revenue of about 3.50 billion pounds up 0.3% in constant currencies, for the six months ended March 31.
