Sunday, September 19, 2010

Imperial Tobacco rolls along with cheaper option


(Scotsman.com) The major FTSE 100 company to update the City this week will be cigarette giant Imperial Tobacco, which is expected to say it has partly benefited from more people rolling their own in the downturn.
The trading statement on Tuesday from Imps comes after it said in April that cheaper "economy" smokes accounted for 20 per cent of the 44 billion cigarettes a year UK market, and that smokers were also rolling their own to save money. Continued

No comments: