LONDON (SHARECAST) - IMPs, or Imperial Tobacco, is set to publish full year results on Tuesday and the smoke signals from the fags maker is that the performance will be quite varied by region.
Tobacco net revenues are expected to be up by around 4% with particularly good performances in its Eastern Europe, Africa & Middle East and Asia-Pacific regions.
However, stick equivalent volumes are expected to decline by up to 3% , the majority of which is due to ongoing market weakness in Ukraine and Poland and compliance with international trade sanctions against Syria.
Adjusted earnings per share are seen rising to 199.54p from 188p the year before. Profit before tax is tipped to rise to £2,521m from £2,153m the previous year.
Third quarter results from BP should see net income fall from last year's $5.3bn to around $3.9bn, according to Tony Shepard of Charles Stanley. As Shepard points out, a third quarter figure of $3.9bn would, at least, represent an improvement on the second quarter number of $3.7bn, which Shepard attributes to a "strong performance in Downstream and a better result at TNK-BP."
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Ashley (Laura) Holding, Smith & Nephew