Imperial Brands PLC at Barclays Global Consumer Staples Conference Transcript
Good morning, everyone. Thank you for being here. I'm Gaurav Jain, Barclay's Global Tobacco and Cannabis analyst as well as the Head of EU Small and Mid-cap. With me here is Kim Reed, President and CEO, Imperial U.S.; and Peter Durman, Director of Investor Relations at Imperial Brands. Thank you so much for being here.
Thank you.
Thank you for having us.
Questions & Answers
So we will have a set of questions from me and then, then we will open it up for Q&A. So Kim, let's just focus on the U.S. business to begin with. A key topic in the sector is consistent decline in U.S. volumes, minus 9% year-to-date, that's on a comp, which was last year also minus 9%. And I think a lot of people thought that because
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