Troubles remain during the CEO transition process, with FY20 guidance revised downwards, due mainly to the US vaping crackdown. With low visibility on future earnings, cash flow and return to shareholders, stay away from IMB for now.
05 Feb 2020
Another year, another warning
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Another year, another warning
Imperial Brands PLC (IMB:LON) | 1,766 167.7 0.5% | Mkt Cap: 15,311m
- Published:
05 Feb 2020 -
Author:
Laura Parisot -
Pages:
2
Troubles remain during the CEO transition process, with FY20 guidance revised downwards, due mainly to the US vaping crackdown. With low visibility on future earnings, cash flow and return to shareholders, stay away from IMB for now.