Imperial Brands PLC (LON: IMB) announced its full-year results for the period ending September 30, 2025, revealing a mixed performance picture.
While adjusted earnings per share saw a rise, reported earnings per share experienced a significant decline. The company has also unveiled a new share buyback program.
Revenue: Reported revenue decreased slightly by 0.7% to £32.17 billion. However, tobacco and NGP (Next Generation Products) net revenue increased by 4.1% on a constant currency basis, reaching £8.316 billion.
Ready to put what you’ve learned into practice?
Try IG’s platform with £10,000 in virtual funds and practise trading
without putting your own money at risk.
Try IG with a demo account →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Learn the markets with IG Academy
Build your knowledge with IG Academy educational content, then use a
demo account to practise what you’ve learned on the IG platform.
Explore IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
See how trading works before risking real money
IG’s demo gives you access to thousands of markets and £10,000 in
virtual funds, so you can explore the platform and test your ideas first.
Open an IG demo →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Turn trading theory into practical experience
Learn with IG Academy, explore charts and market tools, and practise
strategies in a simulated trading environment before going live.
Start practising with IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Ready to take your learning further?
IG combines market education, analysis and an established trading platform,
giving you the tools to keep learning as you develop your trading skills.
Discover IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Profit & Margins: Group adjusted operating profit grew by 4.6%, while reported operating profit declined by 1.8%. Adjusted earnings per share increased by 9.1% to 315.0p, but reported EPS fell by 16.5% to 251.1p.
Cash & Balance Sheet: The company reported strong free cash flow of £2.7 billion. Adjusted net debt stood at £8.4 billion, with an adjusted net debt to EBITDA ratio of 2.0x.
Imperial Brands is rewarding shareholders with an increased dividend of 4.5% to 160.32p per share. The company has also completed a £1.25 billion share buyback for FY25 and initiated a new £1.45 billion buyback program for FY26, demonstrating a commitment to returning value to investors.
Lukas Paravicini, Chief Executive Officer stated, “Our consistently strong operational and financial delivery provides a firm platform on which to build as we embark on the next phase of our strategy”.
Searching for the Perfect Broker?
Discover our top-recommended brokers for trading or investing in financial markets. Dive in and test their capabilities with complimentary demo accounts today!
YOUR CAPITAL IS AT RISK. 76% OF RETAIL CFD ACCOUNTS LOSE MONEY
