Altadis Boosts Imperial Results

Source from:  tr.itsmyiq.com May 20, 2008 05/21/2008

Imperial tobacco sold 121.1 billion cigarettes in the first six months of 2008, up 34 percent over the previous year's period. Tobacco net revenues increased 39 percent to £2.11 billion ($4.15 billion), while Adjusted profits from operations were £918 million, compared with £663 million in the 2007 period. Results include the contribution from Altadis since completion of the acquisition on 25 January 2008. "We have had a great start to the year with a strong performance from our core operations and an encouraging initial contribution from Altadis," said Imperial Chief Executive Gareth Davis. Enditem