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Imperial Brands PLC (IMBBY) Presents At Barclays 18th Annual Global Consumer Staples Conference 2025 (Transcript)
Seeking Alpha· 2025-09-05 02:52
Question-and-Answer SessionGaurav JainBarclays Bank PLC, Research Division Stefan, like before I ask all the questions. You have had a very interesting journey with Imperial over the last 5 years. You started in July 2020 when the stock was at GBP 12, more or less 4x PE, you are leaving a stock which has done exceptionally well since you joined and the multiple has also moved up, but it's still not like at eye-watering levels. So what -- if you think like -- and you had an Analyst Day in March, you laid out ...