Imperial Brands Plc reports a 2% increase in H1FY20 revenue

May 20, 2020 04:10 AM AEST | By Team Kalkine Media

Google News:

Recent News

Wall Street analysts start with bullish ratings on Hinge Health on gro...

Taco Bell Foundation Marks 10 Years of Dream-Fueling With Record $14M...

Mitsubishi reportedly in talks to buy Aethon Energy US assets for $8 b...

Deutsche Bank is now bullish on Cisco - highlights AI tailwinds

Imperial Brands Plc (LON:IMB) has released its half-year report for the six months ended 31 March 2020.

The company has stated that results in line with revised expectations in AGM update. Revenue for the period was up by 2 per cent £14,672 million as compared to £14,390 million in 2019.
Operating profit slumped by 19.6 per cent to £925 million as compared to £1,150 million in 2019.
The company has also stated that overall there was only a small impact on trading due to COVID-19 so far, but it expect this to be more pronounced in the second half due to continued pressures on its duty-free and travel retail business.
On 19th May 2020, at the time of writing, GMT 08:25 AM, IMB shares were trading at GBX 1,541.50, down by 111.50 points or 6.75% against the previous day closing price.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.