IMPERIAL Tobacco, the world's fourth-biggest cigarette maker, has posted a 15 per cent rise in annual earnings.
The British maker of Lambert and Butler, West and Gauloises cigarettes saw net tobacco revenue rise by 60 per cent to £5.2 billion, up from £3.28bn last year, with demand for tobacco remaining strong.
Imperial bought Franco-Spanish rival Altadis in January for £11bn to add brands such as Gauloises and Fortuna, and launched a £4.9bn rights issue in May to part fund the deal, with the rest covered by debt./.../
Imperial bought Franco-Spanish rival Altadis in January for £11bn to add brands such as Gauloises and Fortuna, and launched a £4.9bn rights issue in May to part fund the deal, with the rest covered by debt./.../
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