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Imperial Tobacco Says FY10 Trading In Line With Its Expectations - Update 

Jump to full article: RTTNews.com, 2010-02-02

Intro:

British tobacco company Imperial Tobacco Group Plc (IMT.L, ITYBY.PK), Tuesday, in an interim management statement, said that it has made a good start to the financial year ending September 30, 2010, with trading in line with the board's expectations, despite weak economic environment.

The Bristol, UK-based company operates mainly under two businesses: Tobacco and Logistics.

Imperial noted that cigarette volumes in Rest of European Union region have been particularly strong, and it maintained its growth momentum in Rest of the World region with further cigarette share gains in Africa, Middle East and Asia Pacific. In the first quarter, the company's international cigarette brand Davidoff grew share in its top five markets and both West and JPS also performed well.

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