Imperial Brands PLC · LSE:IMB
Imperial Brands — Shareholder Meeting (February 2020)
11 slides from Imperial Brands's shareholder meeting presentation, Feb 5, 2020
Slide 1: Annual General Meeting 2020
ANNUAL GENERAL MEETING 2020 Imperial Brands PLC 5 February 2020
Slide 2: Thérèse Esperdy, Chair
Thérése Esperdy Chair Ve impeRiAL aK BRANDS
Slide 3: Oliver Tant, Chief Financial Officer
Oliver Tant Chief Financial Officer
Slide 4: 2019 Performance Overview
2019 Performance Overview Growth in tobacco and NGP but overall results down Revenue and profit growth in tobacco; revenue growth in NGP Overall Group results fell short of our expectations NGP challenges in USA and lower profit delivery in AAA division Focused on driving a stronger performance goin
Slide 5: Summary Financials
Summary Financials Net revenue growth; profit reflects NGP investment % constant £m % change currency NGP net revenue (£m) 285 52% 48% Tobacco net revenue (£m) 7,713 2.7% 1.1% Total adjusted operating profit (£m) 3,749 -0.5% -2.4% Adjusted earnings per share (pence) 273.3 0.4% -1.6% Cash conversion
Slide 6: Tobacco Maximisation
Tobacco Maximisation Resilient value creation model • 6 of 10 priority markets in share growth • Asset Brand net revenue up 4.4% • Asset Brands account for 66% of our tobacco and NGP net revenue. • Good results in Europe and USA * Adjusted to exclude non-operating gains of £80m in FY18 profit up 4.0
Slide 7: Next Generation Products
Next Generation Products Strengthening portfolio; adapting approach for 2020 • myblu established leading retail share positions in Europe and Japan E-vapour • City pilot of heated tobacco product Pulze in Japan • Oral nicotine product launches in Europe Heated Tobacco • Focused on improving performa
Slide 8: Our Sustainability Strategy
Our Sustainability Strategy • maintaining sustainable agricultural practices to ensure a consistent, quality supply of tobacco • developing alternative products that are potentially less harmful to health • behaving responsibly at all times and providing a safe and rewarding work environment for our
Slide 9: Stakeholder Panel
Stakeholder Panel 9 | Annual General Meeting | 5 February 2020
Slide 10: 2020 Outlook
2020 Outlook Tobacco to deliver revenue growth, high margins & cash flow NGP challenges in vapour including impact of FDA flavours ban Cost cutting programme to address short-term uncertainty Focused on driving a stronger performance going forward 10 | Annual General Meeting | 5 February 2020
Slide 11: Annual General Meeting 2020
ANNUAL GENERAL MEETING 2020 Imperial Brands PLC 5 February 2020
Imperial Brands — Shareholder Meeting (February 2020) on 6ix