Imperial Brands' Profit Grows with Price Hikes and NGP

Imperial Brands' Profit Grows with Price Hikes and NGP
Imperial Brands' profits increased due to higher tobacco prices and a 20% growth in revenue from NGP.

On May 16th, Imperial Brands reported that their profit had increased thanks to successfully raising tobacco product prices to offset declining sales. The company also saw a nearly 20% increase in revenue from their next generation tobacco products (NGP).

Imperial Tobacco's adjusted operating profits grew by 0.8% to £1.6 billion ($2 billion) and revenue increased by 0.3% to £15.41 billion ($19.62 billion) in the six months ended on March 31st.

While the traditional cigarette market is decreasing, Imperial Tobacco has been able to increase its market share in the past six months by taking advantage of price increases. The company reported that in its five key markets - the United States, Australia, Spain, Germany, and the United Kingdom - its cigarettes experienced an additional 20 basis points of growth.

It is noteworthy that the next generation of products (NGP), including e-cigarettes and other categories, saw a revenue growth of nearly 20% in the first half of this fiscal year.


The Imperial company is investing in alternative tobacco products and increasing prices in order to generate growth.

This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.