Imperial Brands PLC

IMB: XLON (GBR)
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Imperial Brands: Second-Half Trading Update Eases Share Loss Concerns, but Shares Remain Undervalued

Imperial Brands provided a second-half trading update, guiding toward net revenue growth in the low single digits and double digits for tobacco and next-generation products, respectively. It also affirmed 3%-5% adjusted operating profit growth and high-single-digit adjusted EPS growth.

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