Imperial Brands reported trading in line with expectations, driven by robust growth in both its tobacco segment and next generation products (NGPs), as it prepares to release its full-year results in November.
In its latest update, Imperial highlighted a surge in NGP net revenue, coupled with a reduction in operating losses. The company expects NGP net revenue growth of between 20% and 30% at constant currency, reflecting gains across all three regions as it scales its existing presence.
