Imperial Brands PLC (OTCPK:IMBBY)
$ 23.68 0.04 (0.17%) Market Cap: 20.42 Bil Enterprise Value: 31.67 Bil PE Ratio: 7.70 PB Ratio: 2.80 GF Score: 74/100

Half Year 2020 Imperial Brands PLC Earnings Call Transcript

May 19, 2020 / 08:00AM GMT
Release Date Price: $18.91 (-6.87%)
Dominic Brisby
Imperial Brands PLC - Division Director of Americas, Africa, Asia & Australasia

Good morning. Welcome to our 2020 interim results presentation. I'm Dominic Brisby, Joint Interim CEO; together with Joerg Biebernick, who will also be presenting today; along with our CFO, Oliver Tant.

Since Joerg and I were asked by the Board to lead Imperial in early February, we've been working with Oliver on 5 key areas: protecting the health, safety and well-being of our people; maintaining supply to customers; enhancing our focus on our tobacco performance; rightsizing investment behind our next-generation products; and strengthening the balance sheet. Over the course of the presentation, we will outline the progress we've made in each of these areas. Joerg and I will provide an initial overview before handing over to Oliver to take you through the financials, our revised approach to capital allocation and the outlook. We will then cover our divisional performance before taking questions.

Let me start by talking about how we have managed the business through coronavirus, starting

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