Sales at Imperial Tobacco will be up by around 2% for the past year, the Lambert & Butler maker indicated today in its latest trading statement.

The tobacco giant said its performance for the year to 30 September was in line with management’s previous expectations. Strong performances in Eastern Europe and Asia helped offset a slight decline in cigarette volumes across the group as a whole.

The company also highlighted recent price hikes in Spain, where a price war earlier this year had hit revenues for the major cigarette manufacturers.

Imperial will release its results for the year on 1 November.

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