IMPERIAL Tobacco yesterday said a boost in Rizla cigarette paper sales and hand-rolling tobacco helped them notch up £2.5billion profits.
They also said they sold more cigarettes in the UK than a year ago, bucking the worldwide trend.
Bosses said economic conditions and illicit trade hit total volumes, which fell 2.9 per cent to 345.5billion in the year to September 30. Ream more »
Imperial Tobacco Group Plc, Europe’s biggest tobacco company, posted a first-half profit after the maker of West, Davidoff and JPS brands increased prices. Read more
Leading tobacco and retail groups were on Friday preparing to hit back over a record price-fixing fine imposed by the competition watchdog in its growing crackdown on allegedly illegal dealings between manufacturers and suppliers. Read more
The Office of Fair Trading (OFT) yesterday issued its biggest fine for a breach of competition law, finding two tobacco groups and nine retailers guilty of colluding on cigarette prices. Read more