Imperial Brands Reports 3.9% Rise In FY Revenue, Appoints New Chairman
British tobacco company Imperial Brands posted slightly higher-than-expected full-year sales on Tuesday and appointed Thérèse Esperdy to succeed Mark Williamson as chairman.
The maker of Winston and Gauloises cigarettes said revenue from tobacco and next-generation products rose 3.9% to £7.99 billion (€9.25 billion) on a constant-currency basis.
Analysts on average were expecting revenue of £7.93 billion (€9.18 billion), a company-supplied consensus showed.
The fourth-largest tobacco company, which announced last month that its long-time CEO Alison Cooper was stepping down, reported adjusted earnings per share of 273.3 pence.