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Imperial Brands to focus on top five cigarette markets in turnaround plan

Jan 27 (Reuters) - Imperial Brands Plc on Wednesday unveiled a five-year transformation plan that would see it increase investments in its top five cigarette markets and bolster its sales force.

“We expect the new plan will deliver a gradually improving trajectory in net revenue over the five years with a compound annual growth rate of 1-2% from fiscal 2020-2025,” the Winston and Kool cigarettes maker said ahead of its capital markets day event. (Reporting by Siddharth Cavale in Bengaluru; Editing by Anil D’Silva)

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