Imperial Tobacco - 2009 Half Year Results Interview With CEO

LONDON - Profits at Imperial Tobacco have bucked the economic downturn with a 49% rise. The world’s fourth largest tobacco manufacturer attributed the jump in earnings to the impact of its acquisition of French giant Altadis in 2008.

In a video interview CEO Gareth Davis said that Imperial’s performance was holding up well amid the global downturn.

“About half our portfolio is value brands and they’ve done particularly well taking advantage of the ongoing trend to down-trading, particularly in mature markets.”

“But also at the premium end we’ve not taken our foot off the pedal and it’s led to an increase in volume, profit and share in many markets.”

The interview and transcript are available now on w3.cantos.com/imperial_tobacco.

It’s free to view. All you need to do is register at www.cantos.com. Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email enquiries@cantos.com or phone +44-207-936-1333.

Source: Imperial Tobacco Group PLC

It’s free to view. All you need to do is register at https://www.cantos.com. Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email
enquiries at cantos.com or phone +44-207-936-1333.