Company shrugs off flat revenues and says US acquisition made a good start
Despite reports that vaping could spell the end for cigarettes, and despite a fall in volumes, Imperial Tobacco is upbeat about the outlook.
The company, whose brands include Gauloises and John Player Special, reported flat revenues in the first nine months of the year while volumes fell 6%. Excluding Iraq, where the current security problems hit demand, revenues rose 1% and volumes were down 4%.
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Source: The Guardian Circular Economy RSS