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Last Updated: Tuesday, 30 October 2007, 07:46 GMT
Imperial Tobacco's profits grow
Cigarettes
Imperial is the world's fourth-largest tobacco company
Imperial Tobacco, which is trying to takeover Franco-Spanish rival Altadis, has reported a rise in annual profits.

Pre-tax profits rose 6% in the 12 months to the end of September to 1.24bn ($2.55bn).

Imperial is waiting for the Spanish regulator CNMV to approve its 16.2bn euros ($23.3bn; 11.3bn) acquisition.

Imperial is the name behind cigarette brands such as Lambert & Butler, West and Richmond, while Altadis makes Gauloises and Gitanes.

Some of Imperial's growth came from the acquisition in February of the fourth-biggest US cigarette-maker Commonwealth Brands for 974m.

Imperial is the fourth-largest tobacco company, operating in more than 130 countries with about 14,500 employees.

SEE ALSO
Altadis agrees to Imperial offer
18 Jul 07 |  Business
Sales rise lifts Imperial Tobacco
01 May 07 |  Business
CVC may be rival Altadis bidder
13 Apr 07 |  Business
Altadis snubs fresh Imperial move
10 Apr 07 |  Business
Imperial may buy Gauloises firm
15 Mar 07 |  Business
Imperial buys US cigarette firm
08 Feb 07 |  Business

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