Imperial Brands' operations in emerging markets are expanded

2 min read | November 19, 2024 01:40 AM PST | By Team Kalkine Media

Highlights:

  • Imperial Brands reports stable financial performance: Despite a slight decline in revenues, profits rise, and dividends increase.

  • Manolete Partners posts record revenues but slips to a loss: The insolvency specialist sees growth in revenues but incurs a pre-tax loss due to rising costs.

  • Informa sees strong growth potential in IMEA: The B2B events company reports solid performance with a focus on expanding opportunities in India and the Middle East.

  1. Imperial Brands Reports Steady Performance, Dividends Increased
    Imperial Brands (LSE:IMB) released its full-year results, reporting a minor 0.2% decline in revenues but a 4.5% increase in profits. This performance was underpinned by gains in market share across key sectors, including tobacco and next-generation products. The company also announced a 4.5% rise in dividends, which reflects its commitment to returning value to shareholders. Despite challenges in its next-generation product line, where losses are beginning to taper off, management remains optimistic about achieving low single-digit growth in 2025. A share buyback program, already in place, will continue to provide additional support to its capital structure.
  2. Manolete Partners Records Strong Revenue Growth, Slips to Loss
    Manolete Partners, a specialist in insolvency solutions, posted a strong revenue performance for the first half, reaching a record £15 million, a 60% year-on-year increase. However, rising costs and other factors led to a pre-tax loss of £0.2 million for the period. Despite the loss, the company highlighted its robust revenue growth, positioning itself for future opportunities in the insolvency and restructuring market, although it faces pressures from the cost environment.
  3. Informa Reports Strong Year-to-Date Performance, Focus on IMEA Expansion
    Informa, a leading provider of B2B events, reported strong year-to-date performance, with underlying revenues up more than 10%. The company also noted positive momentum for FY25, driven by solid forward bookings and subscription renewals. Management highlighted the significant growth potential in the Indian and Middle Eastern markets for live events, where Informa is well-positioned to capitalize on rising demand. This growth is expected to be a key driver of the company’s strategy in the coming years as it continues to expand its presence in these high-potential regions.





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