Business
Tobacco firm Imperial Brands’ FY profit beats forecasts
Global Banking & Finance Review®
Company
LONDON (Reuters) – Cigarette maker Imperial Brands on Tuesday reported a 4.6% rise in adjusted operating profit, surpassing analyst expectations.
LONDON (Reuters) – Cigarette maker Imperial Brands on Tuesday reported a 4.6% rise in adjusted operating profit, surpassing analyst expectations.
(Reporting by Emma Rumney, Editing by Louise Heavens)
Adjusted operating profit is a financial metric that reflects a company's earnings from its core business operations, excluding non-recurring items and expenses. It provides a clearer view of operational performance.
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