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 :
18/04/24
Despite some headwinds during Q1, Danone was able to deliver more balanced growth. We still believe that Danone is on the right track, and this ...

16/04/24
We have integrated the FY23 figures which came in below our estimates as we had been too optimistic on growth. The top line came in at +5.5% vs. our ...

10/04/24
Mixed 1H results, 2023/24 guidance reiterated but what is the mid-term ambition now (is the 10% EBIT margin ambition still valid)?

05/04/24
Before the Q1 on April 18, we have input the preliminary figures into our income statement for the FY23 and we have revised our figures for FY24 and ...

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