Imperial Brands PLC (IMB) Q4 2021 Earnings Call

Investor webinar replay

Replay transcript excerpt

Now, good morning to everyone and welcome to our full year results presentation. Now, for me, it's been great to meet many of you in person for the first time in such a long period of time after communicating all the last 12 months in a virtual way. At the same time, I, of course, want to welcome everyone who is also joining us still online today. Now, here in the room I have with me our chief financial officer, Lucas Paravicini, and Peter Derman, who you hopefully know for a long time as our head of investor relations. Now, today I will start by explaining how we're working at pace in implementing our new strategy and how this is beginning to translate into operational and financial performance. Now, Lucas will then take you through the financial results And then I will return with some insights into the very significant positive change that is now underway through the multiple initiatives at all levels of the business. And then I will conclude with our priorities for fiscal year 2022. And after that, I look forward to your questions. Now, put simply, the goal of our strategy is the transformation of imperial politics. into a business capable of delivering reliable, attractive returns year in, year out over the long term. A business that is built to last, just like a building, needs strong foundations. And this is what 2021 has been about. Digging deep and firm foundations to support future growth. This is our strategy wheel that you see here from the capital markets day in January of this year. Now, understandably, the focus back then was on the top three segments of the chart, what we call the pillars, shown in orange here. However, just as important are the bottom three segments, the enablers. These are the hidden foundations that will support the strategic pilla...