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Imperial Brands Reports 3.9% Rise In FY Revenue, Appoints New Chairman

Published on Nov 5 2019 8:20 AM in A-Brands tagged: Imperial Brands / Full-Year Results / Appointment / chairman / Thérèse Esperdy

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.

News by Reuters, edited by ESM. Click subscribe to sign up to ESM: European Supermarket Magazine.

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