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It saw its share price bump up 3.4 per cent to 2,230p, which is a three-year high for the organisation.
Imperial Tobacco, the second-biggest tobacco company in Europe, enjoyed the increase in value as a result of better-than-expected profits and the announcement of a £500 million share buyback initiative.
Commenting on the situation, chief executive of the company Alison Cooper said: "We have the assets, the capabilities and the opportunities to continue to create significant value for our shareholder."
She went on to say that she is pleased with the way international sales growth is progressing, although she admitted that the Spanish market is proving to be difficult for the firm.
Earnings per share rose by seven per cent, while tobacco net revenues climbed three per cent.
Posted by Chris Weaver
