Tobacco giant Imperial Brands ‘disappointed’ as profits fall
Tobacco giant Imperial Brands said it was “disappointed” with its half-year results after reporting a fall in profits in 2020.
The company behind Marlboro cigarettes, which is headquartered in Bristol, saw operating profit fall 19.6 per cent to £925million – down from £1,150million.
Tobacco net revenuewas unchanged at £3,509million but the company warned the impact of the coronavirus outbreak…
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