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(Corrects time period in first paragraph, shows that U.K. cigarette market share declined in second.)
Jump to full article: Bloomberg News, 2008-07-24
Author: Thomas Mulier
Intro: Imperial Tobacco Group Plc said results in the nine months through June have met management's forecasts after its 12.6 billion-euro ($19.8 billion) purchase of Gauloises cigarette maker Altadis SA.
Imperial Tobacco's share of the U.K. duty paid cigarette market declined to 45.9 percent from 46.5 percent, the Bristol, England-based company said today in a Regulatory News Service statement.
Imperial agreed to buy Madrid-based Altadis in July last year, gaining the world's largest cigar maker. Smoking bans in the U.K., where Imperial is the market leader, have contributed to a 6 percent drop in shipments since taking effect more than a year ago, according to market researcher Nielsen Co.
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