The warning comes on the heels of Stefan Bomhard’s appointment as the chief executive officer of the FTSE 100-listed group. Growth of Imperial’s “next generation” products has slowed and the vaping market in the United States has taken a turn for the worse after vaping-related deaths and rising popularity of e-cigarettes among teens led to intense regulatory crackdown. “Regulatory uncertainty and adverse news flow continues to affect demand in the U.S. and Europe,” Imperial Brands said. …read more
Source:: Yahoo Finance
