IMB.L - Imperial Brands PLC

LSE - LSE Delayed price. Currency in GBp
1,696.00
-5.40 (-0.32%)
At close: 4:35PM GMT
Stock chart is not supported by your current browser
Previous close1,701.40
Open1,700.80
Bid1,682.00 x 0
Ask1,790.00 x 0
Day's range1,688.40 - 1,723.63
52-week range1,636.58 - 2,673.00
Volume2,827,500
Avg. volume2,898,052
Market cap16.051B
Beta (5Y monthly)0.23
PE ratio (TTM)16.03
EPS (TTM)105.80
Earnings date05 May 2020
Forward dividend & yield2.88 (16.66%)
Ex-dividend date21 Feb 2020
1y target est3,018.82
  • Reuters

    Cuban cigar sales increase but face challenges in 2020

    Cuban cigar sales topped $531 million last year, state monopoly Habanos S.A. announced on Monday as the country's annual cigar festival opened, most likely the last with partner Imperial Brands Plc . Cuba was Habanos fifth market thanks to tourism, but domestic sales decreased slightly, Habanos President Luis Sanchez said, apparently due to tighter U.S. travel restrictions. "Americans love Cuban cigars," David Savona, executive editor of Cigar Aficionado Magazine said, estimating tens, if not hundreds of thousands were puffed on annually.

  • Imperial Brands: share price weakness ahead?
    Stockopedia

    Imperial Brands: share price weakness ahead?

    Momentum is sticky and persists for longer than investors tend to anticipate. The downside of this is that stocks with recent negative momentum are likely to c8230;

  • Is this 12% yield a dividend trap or an unbeatable buy?
    Fool.co.uk

    Is this 12% yield a dividend trap or an unbeatable buy?

    Will the Imperial Brands share price keep falling, or is the current situation a buying opportunity?The post Is this 12% yield a dividend trap or an unbeatable buy? appeared first on The Motley Fool UK.

  • Forget Sirius Minerals! I’d earn an 11% dividend yield from this FTSE 100 stock instead
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    Forget Sirius Minerals! I’d earn an 11% dividend yield from this FTSE 100 stock instead

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    Forget the Bitcoin price! I’d invest £1k in these 2 FTSE 100 dividend stocks today

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  • This FTSE 100 share was down 10% yesterday. Here’s what I’m doing now
    Fool.co.uk

    This FTSE 100 share was down 10% yesterday. Here’s what I’m doing now

    Michael Taylor discusses Imperial Brands and what he's doing about it. The post This FTSE 100 share was down 10% yesterday. Here's what I'm doing now appeared first on The Motley Fool UK.

  • Forget the Cash ISA. I’d hold FTSE 100 dividend stock Vodafone instead
    Fool.co.uk

    Forget the Cash ISA. I’d hold FTSE 100 dividend stock Vodafone instead

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  • What to Watch: Vape ban hits Rizla-owner, Domino's sales rise, and stocks pick-up
    Yahoo Finance UK

    What to Watch: Vape ban hits Rizla-owner, Domino's sales rise, and stocks pick-up

    A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.

  • Imperial Brands' profit growth evaporates after U.S. vaping crackdown
    Reuters

    Imperial Brands' profit growth evaporates after U.S. vaping crackdown

    Rival British American Tobacco's shares were also down 1%. The profit warning adds to the challenges for new CEO Stefan Bomhard - head of automotive services company Inchcape - whose appointment was announced on Monday with a start date yet to be disclosed. Imperial said first-half adjusted earnings per share in constant currency were expected to drop by 10%, as it writes-down inventories following the U.S. government ban on selling certain flavours for pod-based e-cigarettes, which goes into force on Thursday.

  • FTSE 100 falters on Imperial Brands profit warning, coronavirus fear
    Reuters

    FTSE 100 falters on Imperial Brands profit warning, coronavirus fear

    The FTSE 100 lost 0.2% by 0825 GMT, after gaining more than 2% over the last two sessions when China announced stimulus measures to safeguard against any hit from the virus outbreak, which has killed nearly 500 people. Imperial Brands fell 5.2% and was set for its worst day in four months, after it forecast lower profit because of a U.S. regulatory ban on some flavours of cartridge-based vapour devices. "A second influx of Chinese central bank liquidity is keeping the wheels turning in financial markets, but cannot stop the real-life effect of a spreading coronavirus," London Capital Group analyst Jasper Lawler said.

  • Bloomberg

    Imperial Brands Abandons Profit Forecast on Unsold Vapes

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Imperial Brands Plc, the maker of Kool cigarettes, abandoned its forecast for earnings growth this year as a U.S. ban on some vaping flavors leads to a drop in sales of smoking alternatives.Adjusted earnings per share will drop about 10% at constant currency in the first half, the company said ahead of its annual meeting with shareholders Wednesday. Imperial said it expects a slight drop in full-year profit, giving up a target for low single-digit growth. The stock fell as much as 5.5%.Revenue from e-cigarettes and other smoking alternatives is set to decline significantly as the U.S. Food & Drug Administration bans certain vaping products as of Thursday, Imperial said. Demand for vaping products has also been dented by concern about safety after a spate of illness in the U.S. that’s largely been linked to products containing THC.Monday, the company named Stefan Bomhard, who leads U.K. luxury car distributor Inchcape Plc, to become its chief executive officer to replace Alison Cooper, who ran the cigarette maker for the past decade.Despite cost cuts, Imperial expects a net 40 million-pound ($52 million) reduction to profit due to the drop in demand this fiscal year, which ends in September. Tobacco companies have cut prices of vaping starter kits to as little as $1 in the U.S. in recent months in a fight to gain market share.The company said it’s writing down the value of flavored vaping product inventory, which will reduce earnings by a further 45 million pounds. The company has been offering deals such as 15 free Myblu flavored liquid pods for every 10 bought online in a last-minute sale in the U.S.What Bloomberg Intelligence Says:“Full-year expectations depend on a significant 2H recovery, which may depend on how global regulation develops.”\-- Duncan Fox, BI consumer goods analystImperial Brands’ New CEO Has Tough Decisions to Make: ReactImperial also said it’s still in negotiations to sell its premium cigar business. The company has been considering selling other assets as well.Michael R. Bloomberg, founder and majority owner of Bloomberg News parent Bloomberg LP, has campaigned and given money in support of a nationwide ban on flavored e-cigarettes and tobacco.(Updates with shares in second paragraph)To contact the reporter on this story: Thomas Mulier in Geneva at tmulier@bloomberg.netTo contact the editors responsible for this story: Eric Pfanner at epfanner1@bloomberg.net, Marthe FourcadeFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Imperial Brands' growth goes up in smoke after U.S. vaping crackdown
    Reuters

    Imperial Brands' growth goes up in smoke after U.S. vaping crackdown

    Rival British American Tobacco's shares were also down 1.2%. The warning from Imperial, which makes Winston and Kool cigarettes, reflects a tough environment for tobacco companies. With sales of traditional cigarettes in decline, players including Imperial Brands, have invested billions of dollars in alternatives that it calls "next generation" products (NGP) such as e-cigarettes and heat-not-burn products.

  • Big Tobacco’s Future Is Now
    Bloomberg

    Big Tobacco’s Future Is Now

    (Bloomberg Opinion) -- Cars and cigarettes have at least one thing in common these days: They are both being disrupted by more modern alternatives. So Stefan Bomhard, the chief executive officer of car dealer Inchcape Plc, should have some idea of what he’ll face when he takes the reins at U.K. cigarette maker Imperial Brands Plc.It isn’t easy to find executives willing to move to the much-aligned tobacco industry. But Bomhard looks a good  CEO choice for Imperial, which sells Lambert & Butler cigarettes and Blu vapes. The company had decided to part ways with Alison Cooper in October, a week after a profit warning. She will now step down as with immediate effect.Bomhard did a solid job at Inchcape. While the shares are down about 18% since he became CEO in April 2015, underperforming the FTSE All-Share Index, conditions in car dealing haven’t been easy since Britain voted to leave the European Union and consumer confidence crumbled. It’s still a much better performance than the FTSE All-Share General Retailers Index.The downside is that Bomhard doesn’t have any tobacco experience. But this is less of an issue than it would be in, say, general retailing. Imperial will have plenty of executives with many years’ worth of knowledge of the traditional cigarette business, still the biggest and most profitable part of the group. And he should be able to pull on his prior experience with big global brands in the race to grab market share for Imperial’s new products, whatever they may be.The new chief executive spent his career in consumer goods before joining Inchcape, with roles at spirits company Bicardi, chocolate and candy maker Cadbury, and consumer-goods giant Unilever. That should put him in good stead as Imperial attempts to pivot to alternatives to traditional cigarettes, which could in turn, pave the way for it to diversify into dispensing other adult, highly regulated products, such as cannabis.When Bomhard takes up the role at a yet to be determined date, his first task will be to get to grips with the crisis in the U.S. vaping industry. The company is evaluating the impact of the recent Food and Drug Administration ban on flavors aside from menthol and tobacco for pod-based electronic cigarettes, the type it makes.Then Bomhard will have to work quickly to decide where best to focus Imperial’s attention, and investment. Although the group has strong positions in vaping and oral nicotine, it only entered the heat-not-burn market relatively recently. He must decide whether to expand in this category, which has not been drawn into the crisis in the U.S. vaping industry.He could also look at reshaping other aspects of Imperial’s business, including traditional cigarettes. The company is already seeking to raise up to 2 billion pounds ($2.6 billion) through disposals, including a sale of its premium cigar business. But he could go further, say selling off parts of the portfolio in Asia and Africa, and returning the proceeds to shareholders, or investing more in tobacco alternatives.Either way, Bomhard must take decisive action. Shares in Imperial have fallen more than 20% over the past year, and they trade at a 40% discount to Bloomberg Intelligence’s global tobacco manufacturing valuation peer group. The company even lags Altria Group Inc., which is reeling from its disastrous investment in vaping company Juul Labs Inc.Imperial has long been seen as an acquisition target, with Japan Tobacco Inc. tipped as the most obvious contender. Another possibility would be for Japan Tobacco and British American Tobacco Plc to carve up Imperial’s empire between them along geographical lines. So if Bomhard doesn’t light up the Imperial share price, a bigger rival just might.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Rizla and Golden Virginia-owner poaches car exec as new CEO
    Yahoo Finance UK

    Rizla and Golden Virginia-owner poaches car exec as new CEO

    Imperial Brands has named Inchcape chief executive Stefan Bomhard as its new boss.

  • Reuters

    Imperial Brands hires Inchcape's Bomhard as new CEO to revive e-cigarette sales

    Bombard replaces Alison Cooper, whose departure was announced last October. Bomhard joins the maker of Gauloises and Winston cigarettes after five years at the helm of British car dealer Inchcape and, prior to that, senior roles at Cadbury, Burger King and Unilever among other consumer goods groups.

  • Imperial Brands hires Inchcape's Bomhard as CEO to revive e-cigarette sales
    Reuters

    Imperial Brands hires Inchcape's Bomhard as CEO to revive e-cigarette sales

    Bombard replaces Alison Cooper, whose departure was announced last October. Bomhard joins the maker of Gauloises and Winston cigarettes after five years at the helm of British car dealer Inchcape and, prior to that, senior roles at Cadbury, Burger King and Unilever among other consumer goods groups.

  • Investing.com

    Premarket London: Imperial Finds New CEO

    By Geoffrey Smith

  • 3 dirt-cheap 8%-yielding FTSE 100 dividend stocks I’d buy in 2020
    Fool.co.uk

    3 dirt-cheap 8%-yielding FTSE 100 dividend stocks I’d buy in 2020

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  • Despite Its High P/E Ratio, Is Imperial Brands PLC (LON:IMB) Still Undervalued?
    Simply Wall St.

    Despite Its High P/E Ratio, Is Imperial Brands PLC (LON:IMB) Still Undervalued?

    Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...

  • Top UK shares for February 2020
    Fool.co.uk

    Top UK shares for February 2020

    We asked our freelance writers to share their top stock picks for the month.The post Top UK shares for February 2020 appeared first on The Motley Fool UK.

  • Should we be worried about Imperial Brands' (LON:IMB) Quality Rank?
    Stockopedia

    Should we be worried about Imperial Brands' (LON:IMB) Quality Rank?

    Good quality companies can offer a lot of comfort to investors. They tend to be strong, stable, profitable firms that deliver predictable returns, have pricing8230;

  • Forget gold! I’d buy these FTSE 100 dividend stocks in 2020 for a passive income
    Fool.co.uk

    Forget gold! I’d buy these FTSE 100 dividend stocks in 2020 for a passive income

    Not only will they earn me a high income, they are safe too The post Forget gold! I’d buy these FTSE 100 dividend stocks in 2020 for a passive income  appeared first on The Motley Fool UK.

  • The 3 highest-paying FTSE 100 dividend shares and what I’d buy
    Fool.co.uk

    The 3 highest-paying FTSE 100 dividend shares and what I’d buy

    Only one of these dividend-paying heavyweights will bring you long-term wealth, says Tom Rodgers.The post The 3 highest-paying FTSE 100 dividend shares and what I’d buy appeared first on The Motley Fool UK.

  • Imperial Brands shares have rebounded. Here’s why I think they can keep rising
    Fool.co.uk

    Imperial Brands shares have rebounded. Here’s why I think they can keep rising

    Sentiment towards Imperial Brands (LON: IMB) shares appears to be improving, says Edward Sheldon. The post Imperial Brands shares have rebounded. Here’s why I think they can keep rising appeared first on The Motley Fool UK.

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