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News analysis

Strong NGP growth keeps Imperial in line with forecasts ahead of November results

Written by || 10th October 2024 || News analysis | Financial results | Flavours | Heated tobacco | Major brands | Modern oral | GeographiesAfrica Asia Australasia Czech Republic Europe North America Poland Spain United Kingdom United States

Imperial Brands reported trading in line with expectations, driven by robust growth in both its tobacco segment and next generation products (NGPs), as it prepares to release its full-year results in November.

In its latest update, Imperial highlighted a surge in NGP net revenue, coupled with a reduction in operating losses. The company expects NGP net revenue growth of  between 20% and 30% at constant currency, reflecting gains across all three regions as it scales its existing presence.

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Antonia Di Lorenzo

Assistant news editor/senior reporter
Antonia is a member of the editorial team and holds a masters degree in Law from the University of Naples Federico II, Italy. She moved in 2013 to London, where she completed a postgraduate course at the London School of Journalism. In the UK, she worked as a news reporter for a financial newswire and a magazine before moving to Barcelona in 2019.

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