According to the official website of Imperial Brands on November 14th, the company has released its full-year performance report for the 2023 fiscal year (up to September 30, 2023), showing a growth in operating profit in line with its five-year strategic plan.
The net earnings of the new tobacco have increased by 26%, with a revenue growth of up to 40% in Europe. Among them, heated tobacco has shown strong performance, with a rise in performance and an increase of 10 basis points in market share in the top five key markets.
The company has increased its dividends by 4% and its share buybacks by 10%. The total returns for the fiscal year 2024 amounted to £2.4 billion, which represents approximately 15% of the total market capitalization.
Furthermore, a report from FTSE100 tobacco group (including brands such as Davidoff, Gauloises, and JPS) states that the net income from tobacco and new tobacco products (including e-cigarettes, heated tobacco, and oral nicotine) amounted to £8.01 billion (approximately $9.84 billion) with a year-on-year growth of 0.7% when calculated at a fixed exchange rate.
According to analysts' widespread predictions, the growth is expected to reach 1%, rising from last year's £7.79 billion (approximately $9.71 billion) to £8.04 billion (approximately $10.02 billion).
We welcome news tips, article submissions, interview requests, or comments on this piece.
Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn
Notice
1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.
2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.
3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.
4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.
Copyright
This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.
For copyright-related inquiries, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.
We welcome any corrections or feedback. Please contact us at: info@2firsts.com
