Imperial Brands

At the Barclays conference Imperial Brands put Strategy 2030 at the center and continues to target positive net revenue growth, high-single-digit EPS growth and annual cash flow of at least £2.2 billion. CEO Lukas Paravicini announced cost savings of £320 million, including factory closures and production-efficiency measures, as well as ongoing share buybacks (20% repurchased since 2021, a further 6% expected). The company is focusing on 11 regional clusters with Germany and Europe as core profit drivers, is disciplined in expanding next-generation products, and continues to face tax and regulatory headwinds in several markets. » More on de.investing.com

Sue Clark, senior independent director at Imperial Brands, will join Hill & Smith as an independent non-executive director on 2 October 2026 and will become the senior independent director there on 1 January 2027. Clark will retain her current position at Imperial Brands and will hold the additional mandate alongside her duties there. » More on de.investing.com

Imperial Brands reports stable H1 2026 results: currency-adjusted net revenue from tobacco and NGP rose 1.8% and adjusted EPS grew 5.3% to 127.7 pence, supported by price increases and share buybacks. Adjusted operating profit increased 0.6% on a currency-adjusted basis, 12-month free cash flow was £2.6bn and operating cash conversion was 98%. The NGP business grew strongly (+7.5%) and market share was expanded; the dividend will be increased by 4% and the buyback programme for 2026 is £1.45bn. Management confirms the full-year guidance of 3–5% AOP growth and expects the earnings improvement to occur in the second half. » More on de.investing.com