Imperial Brands’ (LON:IMB) half year revenue, excluding duties of £3.5bn, rose 0.3% to £3.5bn. Tobacco revenue rose 0.1% as higher prices were able to offset a 0.7% decline in volumes. Next Generation Products (NGP) reported 8.7% net revenue growth, driven by a strong performance in Europe. Underlying operating profit rose 2.9% to £1.6bn as NGP losses reduced by 49.9%. The group remains on track to deliver full-year net revenue growth of around 0-1% and underlying operating profit growth of 1%. Q1 2022 hedge fund letters, conferences and more The board announced an interim dividend of 42.54p, …
