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Imperial Tobacco sees in-line performance |
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Source:http://www.marketwatch.com/,2009-03-23
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Imperial Tobacco said fiscal year to Sept. 30 performance remains in line with expectations. It noted that it's been selectively hiking prices in the U.S. ahead of tax rises on April 1. The company said it's on track to achieve 180 million euros of savings from the Altadis deal by the end of the financial year. A better than expected performance in its Rest of the World region being offset by the Rest of European Union, particularly in Poland, The Netherlands and travel retail. Also, Alison Cooper was named to the new role of chief operating officer.
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