Imperial Brands H1 Adj. Operating Profit Up 0.6%
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Imperial Brands (ITB.DE, IMB.L) reported a decline in first half profit to 475 million pounds from 808 million pounds year-on-year. Earnings per share fell to 59.5 pence from 96.2 pence. However, adjusted operating profit increased by 0.6% to 1.64 billion pounds. Revenue rose to 14.72 billion pounds, up 0.8%, with tobacco net revenue growth at 1.5% and NGP net revenue up 7.5%. The Group aims to meet its full-year guidance. Shares closed at 2,724.00 pence, down 0.15%.
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