Delivering against strategy; including strong US contribution
• Tobacco net revenue up 16.8%
• Total adjusted operating profit up 19.5%
• Adjusted EPS up 20.4%
• Cash conversion 105%
• Interim dividend up 10%
Improving quality of growth
• Continued Growth Brand momentum
• Further success of brand migrations
• Tobacco net revenue from Growth/Specialist Brands up to 58.6%
Excellent results from ITG Brands
• Incremental tobacco net revenue of £468 million from acquired US brands
• Volume of 8.6 billion stick equivalents from acquired US brands
• Winston and Kool growing share; overall US share at 9.3%
• Integration largely complete
