Imperial CEO Sees Steady Overall Growth In Market Share
Imperial Brands Plc, the U.K. cigarette maker that dropped the word ‘‘tobacco” from its name this year, reported first-half profit that beat analysts’ estimates as newly acquired brands in the U.S. gained market share. Adjusted operating profit from tobacco rose to 1.58 billion pounds ($2.3 billion) in the six months through March, the maker of Davidoff cigarettes said in a statement Wednesday. Chief Executive Officer Alison Cooper spoke to Bloomberg's Ryan Chilcote about the numbers.
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