Imperial Tobacco's profits rise despite UK dip
Imperial Tobacco has seen its profits rise for the fifth successive year - despite a slight dip in its UK performance.
The company has a leading 41% share of the UK market, selling such brands as Lambert & Butler, Embassy and John Player.
It also owns the Dutch Van Nelle handrolling tobacco business.
Operating profits in the UK division were down marginally at £325m, although Imperial said this came amid a declining market for cigarette sales.
Despite the drop, the company says it's happy with its home-based performance after achieving an improved market share for its own brands of 41.4%.
The company says its showing in the UK had been 'robust' - and the cornerstone of its improved performance during the year.
Imperial has also developed its international presence, with operating profits from overseas business increasing by 21% to £279m.
Chairman Derek Bonham says he's confident the company will continue to deliver growth in the coming year.
He adds: "Given our UK market leadership and developing, sustainable international presence, Imperial Tobacco, in its centenary year, has never been better placed to face the future."
Imperial has recently been boosted by a deal with Philip Morris to distribute its Marlboro range in the UK.
