Imperial Brands


Integration of the FY20 figures

26/11/20 -"We, however, reduce our EPS assumptions due to the higher tax rate expected and unfavourable FX movements."

Pages
50
Language
English
Published on
26/11/20
You may also be interested by these reports :
31/10/25
We have revised our estimates after the downward guidance update and the profit warning. Therefore, key adjustments to our assumptions include: i) a ...

30/10/25
The company is delivering reassuring results despite a slight miss. The increase in average order value suggests a more inelastic customer base. ...

30/10/25
AB InBev, like its peers, is experiencing a decline in volume due to a soft market environment and adverse weather conditions in key regions, such as ...

30/10/25
Carlsberg’s Q3 results align with expectations, indicating ongoing market challenges. The company is leveraging this situation to strengthen its ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO