Strong tobacco pricing supporting financial delivery while balancing share performance
· Maintaining stable aggregate share in our top-five combustible markets in line with our objective
· Next Generation Product (NGP) net revenue growth as we build scale and launch new products
· First-half adjusted Group operating profit ahead of H1 2023 on constant currency basis, reflecting higher tobacco and NGP adjusted operating profit and growth at Logista
· Confident of meeting full-year expectations and our guidance of growing net revenue and delivering a step-up in adjusted operating profit growth
· Cash conversion improved on last year and in line with guidance
· On track to deliver the £1.1bn buyback programme, as part of ongoing programme of capital returns
https://www.investegate.co.uk/announcem ... te/8126927
Also posted on Company News here; viewtopic.php?p=658578#p658578
I hold these in my HYP, and know others here do too, so this may be of interest here.
Ian.