Imperial Presents Annual Report

Source from:  Tobacco Reporter 12/16/2010

The Imperial Tobacco Group's volume cigarette sales during the 12 months to the end of September, at 308.7 billion, were 4.2 per cent down on those of the previous 12 months, 322.2 billion. Fine cut sales in white stick equivalents were up by 8.7 per cent from 36.6 billion to 39.8 billion; so, overall, white stick equivalent sales were down by 2.9 per cent from 358.8 billion to 348.5 billion. On an adjusted basis, Imperial's tobacco net revenue was increased by three per cent to £7,055 million, while its logistics distribution fees were down by three per cent to £936 million. Operating profit was increased by five per cent to £3,067 million, profit before tax was up by 10 per cent to £2,467 million and earnings per share (EPS) were up by 11 per cent to 178.8p. On a reported basis, revenue was up by six per cent to £28,173 million, operating profit was increased by eight per cent to £2,528 million and profit before tax was up by 124 per cent to £2,118 million. Basic EPS was up 127 per cent to 148.5p and diluted EPS was up 127 per cent to 148.0p. These figures, which were announced yesterday as part of Imperial's annual report, are the same as those that were presented earlier as part of its preliminary report and that were the subject of a November 2 story presented here. The annual report may be viewed at: http://www.imperial-tobacco.com/reports. And a "refreshed" corporate responsibility section of Imperial's corporate website is now available at: http://www.imperial-tobacco.com/cr. Enditem