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· ITY
· Altadis
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(Adds analyst comment and background)
Jump to full article: Dow Jones via Nasdaq, 2008-03-19
Author: Michael Carolan Of DOW JONES NEWSWIRES
Intro: Imperial Tobacco PLC (ITY) said Wednesday that the trading performance of its core business as well as the recently acquired Altadis is currently in line with its expectations.
The company which recently completed the EUR12.6 billion purchase of Franco- Spanish rival Altadis said in a trading update that its performance for the year to Sept. 30 remains in line with management's forecasts.
"Furthermore, the operating performance of Altadis since completion of the acquisition on Jan. 25, 2008 has been in line with our expectations," it said.
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