Imperial says trading in line


LONDON (Reuters) - Imperial Tobacco Group , the world's No.4 cigarette group, said on Tuesday its current year trading remained in line with its own expectations while the integration of Altadis was on track. The maker of Lambert & Butler and West cigarettes acquired the Franco-Spanish group Altadis in January 2008 to add brands such as Gauloises and Fortuna. It said the integration was progressing well and was on track to deliver the expected cost savings.The maker of Lambert & Butler and West cigarettes acquired the Franco-Spanish group Altadis in January 2008 to add brands such as Gauloises and Fortuna. It said the integration was progressing well and was on track to deliver the expected cost savings.

The group was giving a trading update towards the end of its financial year to September 30 and ahead of its full year results due on November 10.

Imperial's annual earnings per share are expected to rise 16.5 percent to a mean of 159.48 pence in forecasts collated by Thomson Reuters I/B/E/S after last year's 136.9p. (Reporting by David Jones)

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Last updated: 22 September 2009, 06:12
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