EARNINGS PREVIEW: Imperial Tobacco Fiscal Year EPS Seen +17%

Date : 11/06/2009 @ 9:54AM
Source : Dow Jones News
Stock : Imperial Tobacco (IMT)
Quote : 1833.0  -19.0 (-1.03%) @ 11:35AM
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EARNINGS PREVIEW: Imperial Tobacco Fiscal Year EPS Seen +17%

Imperial Tobacco PLC (IMT.LN): FY Earnings 
Due: Nov. 10 at 0700 GMT 
Factset Survey of 13 Analysts 
Average Sales: GBP7.68B, up 31% (GBP5.85B FY 2008) 
Average Pretax Profit: GBP2.20B, up 37% (GBP1.61B FY 2008) 
Average EPS Before Exceptional Items: 160p, up 17% (136.4p FY 2008) 
 

Note: Sales and profit seen boosted by Altadis and Commonwealth acquisitions. Focus is on organic growth to see how acquisitions affect growth plans. Volumes are expected to have weakened in recent months, though strong price rises should offset this. Analysts also looking for net debt reduction as concerns over balance sheet ease. Any news on CEO succession plans will also be welcomed. (MIC)

 
Contact us in London: +44-20-7842-9464 
Markettalk.eu@dowjones.com 
 
 
 

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