 |
Segmental review
Six months ended 30 June 2005
|
Cigarette
volume
(bn) |
|
Gross
turnover
(£m) |
|
Net
turnover
(£m) |
|
EBITA(1)
(£m) |
|
Total profit
from
operations
(£m) |
|
EBITA
margin(2)
(%) |
|
UK |
|
|
|
|
|
|
|
|
|
|
|
change (%) |
-8.1 |
|
-5.1 |
|
-4.4 |
|
+0.1 |
|
-7.0 |
|
n/a |
2005 H1 |
9.4 |
|
1,758 |
|
273 |
|
149 |
|
132 |
|
54.5 |
2004 H1 |
10.3 |
|
1,853 |
|
286 |
|
149 |
|
142 |
|
52.0 |
|
Europe : tobacco(3) |
|
|
|
|
|
|
|
|
|
|
|
change (%) |
-3.7 |
|
+1.6 |
|
+1.6 |
|
-0.8 |
|
-14.0 |
|
n/a |
2005 H1 |
21.3 |
|
903 |
|
218 |
|
97 |
|
81 |
|
37.3 |
2004 H1 |
22.1 |
|
889 |
|
215 |
|
98 |
|
95 |
|
38.0 |
|
Europe : distribution |
|
|
|
|
|
|
|
|
|
|
|
change (%) |
n/a |
|
-0.3 |
|
+0.9 |
|
-5.3 |
|
-15.8 |
|
n/a |
2005 H1 |
n/a |
|
950 |
|
539 |
|
30 |
|
25 |
|
5.6 |
2004 H1 |
n/a |
|
953 |
|
534 |
|
32 |
|
30 |
|
6.0 |
|
Europe : total |
|
|
|
|
|
|
|
|
|
|
|
change (%) |
-3.7 |
|
+0.6 |
|
+1.1 |
|
-1.9 |
|
-14.5 |
|
n/a |
2005 H1 |
21.3 |
|
1,853 |
|
757 |
|
127 |
|
106 |
|
16.8 |
2004 H1 |
22.1 |
|
1,842 |
|
749 |
|
130 |
|
125 |
|
17.3 |
|
CIS |
|
|
|
|
|
|
|
|
|
|
|
change (%) |
+11.3 |
|
+23.2 |
|
+23.9 |
|
+55.4 |
|
+55.6 |
|
n/a |
2005 H1 |
44.3 |
|
211 |
|
157 |
|
23 |
|
23 |
|
14.9 |
2004 H1 |
39.8 |
|
171 |
|
126 |
|
15 |
|
15 |
|
11.9 |
|
RoW |
|
|
|
|
|
|
|
|
|
|
|
change (%) |
-1.0 |
|
+41.4 |
|
+2.7 |
|
-3.3 |
|
+19.3 |
|
n/a |
2005 H1 |
7.1 |
|
124 |
|
61 |
|
15 |
|
15 |
|
24.5 |
2004 H1 |
7.1 |
|
88 |
|
60 |
|
15 |
|
12 |
|
26.1 |
|
Tobacco : total(3) |
|
|
|
|
|
|
|
|
|
|
|
change (%) |
+3.5 |
|
-0.2 |
|
+3.3 |
|
+2.6 |
|
-4.7 |
|
n/a |
2005 H1 |
82.1 |
|
2,996 |
|
709 |
|
284 |
|
251 |
|
37.8 |
2004 H1 |
79.3 |
|
3,001 |
|
687 |
|
277 |
|
264 |
|
38.0 |
|
Group : total |
|
|
|
|
|
|
|
|
|
|
|
change (%) |
+3.5 |
|
-0.2 |
|
+2.3 |
|
+1.8 |
|
-5.9 |
|
n/a |
2005 H1 |
82.1 |
|
3,946 |
|
1,248 |
|
314 |
|
276 |
|
25.2 |
2004 H1 |
79.3 |
|
3,954 |
|
1,221 |
|
309 |
|
294 |
|
25.3 |
|
(1)
| Total profit from operations before amortisation of intangible assets and exceptional charges. |
(2)
| Total profit from operations before amortisation of intangible assets and exceptional charges expressed as a percentage of net turnover. |
(3)
| EBITA margin calculated after adding back inter-company sales to the distribution division of £43m (2004 H1: £43m) that are eliminated on consolidation. |
Source : interim results 2005 news release
|