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Imperial Brands (IMB), formerly Imperial Tobacco Group, is a parent company of the international business that specialises in tobacco and non-tobacco products. Headquartered in Bristol, the UK, the company operates several well-known brands, including Imperial Tobacco, Tabacalera, ITG Brands, Logista and Fontem Ventures. Sold in 160 markets globally, the company’s core business, concentrated around tobacco, offers a wide range of cigarettes, cigars, smokeless tobaccos and fine cut. Also, the company has expanded its portfolio with a non-tobacco e-vapour brand blu by Fontem Ventures. Listed on the LSE Imperial Brands is included to the FTSE component.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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