IMBBY - Imperial Brands: Revenue Growth Increasingly Price-Driven
2024-05-18 09:19:44 ET
Summary
- Imperial Brands has seen significant revenue growth according to the latest half-year results.
- However, this has been increasingly price-driven and pressure on volumes has remained.
- I continue to rate Imperial Brands as a Hold at this time.
Investment Thesis: I continue to rate Imperial Brands as a Hold at this time.
In a previous article back in November, I made the argument that Imperial Brands ( OTCQX:IMBBY ) needs to see a rise in volume growth across the tobacco segment to justify upside in the stock....
Imperial Brands: Revenue Growth Increasingly Price-Driven