Imperial Brands is set to reveal a rise in profits for the first half of the year after being boosted by increases in tobacco prices .
It told shareholders on Tuesday morning that it saw tobacco revenues grow on a constant currency basis, as well as a rise in its NGP business, which includes heated tobacco. NGP net revenues for the first half of 2024 are set to grow “in the mid to high teens” as the firm continues to invest to expand this part of the business.
Imperial Brands Profits Tobacco Prices Financial Targets NGP Business Heated Tobacco
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