Imperial Brands meets half-year and full-year financial targets due to higher tobacco prices and NGP revenue growth.

Tobacco giant Imperial Brands is on track to meet its half-year and full-year financial targets due to higher tobacco prices and increased revenue from next-generation products (NGP), which include heated tobacco. This growth has offset declines in the UK, Germany, and other markets, while gains in the US, Spain, and Australia, as well as strong pricing, have contributed to the overall success. As a result, Imperial anticipates first-half adjusted operating profits to surpass 2023 levels.