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About Itg Brands, LLC

Imperial Brands is the UK's second-largest cigarette manufacturer and among the world's largest tobacco products companies overall (behind Philip Morris International, British American Tobacco, and Japan Tobacco). The company makes and markets cigarettes and tobacco products under brands including Davidoff, Gauloises, and JPS (cigarettes), Rizla (rolling paper), and Montecristo (cigars). Imperial Brands operates cigarette and tobacco product and processing plants worldwide and racks up sales in 160-plus countries. With cigarette smoking declining in the West, Imperial is pivoting hard to next generation smoking products, particularly its vapor brand, myblu. Besides its manufacturing operations, Imperial's Logista subsidiary is a major European distributor of tobacco and non-tobacco products. The company generated most of its sales outside UK.

Operations

Imperial Brands comprises two distinct businesses: Tobacco & NGP (over 70% of sales) and Distribution (about 30%).

The Tobacco & NGP business comprises the manufacture, marketing and sale of Tobacco & NGP and Tobacco & NGP-related products, including sales to (but not by) the Distribution business. The Distribution business comprises the distribution of Tobacco & NGP products for Tobacco & NGP product manufacturers, including Imperial Brands, as well as a wide range of non-Tobacco & NGP products and services.

Geographic Reach

Based in Bristol, UK, Imperial Brands operates in 160 countries worldwide. Imperial's revenue is geographically diversified: its home and largest market, the UK, accounts for around 15% of its total revenue. Germany also accounts for around 15% of total sales, while France accounts for over 10% and the US generate about 10%.

Imperial divides its countries of operation into three groups, Europe (United Kingdom, Germany, Spain, France, Italy, Greece, Sweden, Norway, Belgium, Netherlands, Ukraine and Poland), Americas (United States and Canada), and AAA (Australia, Japan, Russia, Saudi Arabia, Taiwan and our African markets including Algeria and Morocco).

Financial Performance

The company's revenue in 2020 was £32.6 billion, a 3% increase compared to the previous year. All of the company's segments had a hand in this growth.

Profit for 2020 totaled £1.6 billion, a 44% increase from the previous year. The increase was primarily due to a higher sales volume for the year.

The company's cash for the year ended 2020 was £1.6 billion. Operating activities £4.0 billion, while investing activities used £331 million, mainly for purchases of non-current assets. Financing activities used another £4.3 billion, primarily for repayment of borrowings.

Strategy

Throughout the financial year, the company's strategic focus has been on driving performance in three areas: Tobacco, Next Generation Products and Cost and Cash. High standards of governance and a robust sustainability strategy that seeks to enable the business to grow and create value, underpin its commercial ambitions.

Itg Brands, LLC

714 Green Valley Rd
Greensboro, NC 27408-7018
Phone: 1 (336) 335-7000

Firm Stats

Employer Type: Privately Owned
Director, Quality Assurance Management: Sam Eich
Employees (This Location): 277
Employees (All Locations): 2,900

Major Office Locations

Greensboro, NC