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Imperial Brands sees regulatory uncertainty to hit earnings

FILE PHOTO: Cigarette packs of Imperial Brands, are pictured at a tobacco store in Madrid,
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(Reuters) - Tobacco group Imperial Brands on Wednesday forecast a 10% drop in its first-half profit and cautioned on full-year earnings because of a U.S. regulatory ban on some flavours of cartridge-based vapour devices and weaker consumer demand. The warning comes on the heels of Stefan Bomhard's appointment as the chief executive officer of the FTSE 100-listed group. Growth of Imperial's "next..
Date Published: Feb 05, 2020
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