Imperial Brands PLC

IMB: XLON (GBR)

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Imperial Brands: Shares Undervalued Amid Market Concerns on Combustibles Share Losses

Kristoffer Inton

Sep 18, 2026

Fiscal 2026 is nearing its end, and Imperial Brands will release results in October. Shares have fallen 20% year to date, severely underperforming its tobacco peers. While it reported 2% net revenue growth in the first half, concerns around share losses have intensified.

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Imperial Brands PLC

Imperial Brands: Shares Undervalued Amid Market Concerns on Combustibles Share Losses

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