Imperial Brands PLC (ADR) (IMBBY)
OTHER OTC:IMBBY
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Earnings Data
Report Date
Nov 17, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
2.82Last Year’s EPS
2.49Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a broadly constructive operational and financial picture: strong cash generation (GBP 2.6bn), sustained capital returns (dividend increase and GBP 1.45bn buyback), confirmed full-year guidance, and clear progress on NGP scale, vapor/heated tobacco momentum and a GBP 320m efficiency program. These positives were partially offset by H1 one-offs (>GBP 50m), modest adjusted operating profit growth (+0.6%), a sharp Australia volume decline (~50%), and short-term promotional drag in U.S. NGP (~GBP 13m). Management expects many headwinds to ease in H2 and reiterated guidance, indicating confidence in a step-up in performance.Company Guidance
Strong Cash Generation
Generated GBP 2.6 billion of free cash flow over the past 12 months; operating cash conversion of 98% on a 12-month basis, supporting disciplined capital allocation.
Confirmed Full-Year Guidance and Midterm Targets
Company re-confirmed FY26 guidance: tobacco net revenue growth expected in the low single digits, NGP net revenue growth expected to be double-digit, adjusted operating profit growth within the midterm target range of 3%–5%, and at least high single-digit EPS growth.
Shareholder Returns Maintained and Expanded
Announced a 4% increase in the ordinary dividend and on track with a GBP 1.45 billion share buyback (fourth consecutive year). Total buybacks to date GBP 4.8 billion; cumulative capital returns (dividends + buybacks) since FY21 to H1'26 GBP 11.5 billion (~77% of market cap at CMD).
Pricing Offsetting Volume Declines Across Footprint
Pricing continued to more than offset volume declines: Europe pricing ~6%, U.S. pricing ~5.7%, AAACE ex-Australia price/mix ~6.1%, delivering low single-digit tobacco net revenue growth and notable tobacco operating profit growth (Europe +6.5%, AAACE ex-Australia +10.8%).
NGP Scale and Share Gains
NGP volumes and shares grew across all categories; Europe NGP made a profitable contribution in H1. In the U.S. O&D market, Zone brands delivered volume growth ahead of the category and net revenue grew ~20% excluding the year-end promotional timing effect.
Vapor and Heated Tobacco Momentum
Vapor share increased by 130 basis points across footprint with strong growth in the U.K. and France (rechargeable blu kits). Heated tobacco gaining share across markets supported by Pulze 3.0 and iSenzia products.
Transformation and Efficiency Progress
On track to deliver GBP 320 million of annual savings over the strategic period. Actions include factory rationalization (Langenhagen exit and Taiwan sale) expected to reduce overheads by ~GBP 100 million, manufacturing efficiencies of GBP 25 million in FY26, and transfer of ~400 roles to Capgemini to accelerate technology and process improvements.
Resilient Balance Sheet Metrics
Leverage at 2.4x (flat year-on-year) and expected to be around the lower end of target range by year-end; FX expected to be a modest headwind (0%–1%) to operating profit and EPS at current rates.
IMBBY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IMBBY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | $37.21 | $38.30 | +2.93% |
Nov 18, 2025 | $40.53 | $41.41 | +2.16% |
May 14, 2025 | $36.38 | $33.86 | -6.94% |
Nov 19, 2024 | $27.67 | $28.58 | +3.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Imperial Brands PLC (ADR) (IMBBY) report earnings?
Imperial Brands PLC (ADR) (IMBBY) is schdueled to report earning on Nov 17, 2026, TBA (Confirmed).
What is Imperial Brands PLC (ADR) (IMBBY) earnings time?
Imperial Brands PLC (ADR) (IMBBY) earnings time is at Nov 17, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IMBBY EPS forecast?
IMBBY EPS forecast for the fiscal quarter 2026 (Q4) is 2.82.