LONDON, Nov 3 (Reuters) - Britain's Imperial Tobacco Group said it was well placed to meet expectations for the2016 financial year after it reported an acceleration inunderlying tobacco net revenue for the end to its 2015 year.
The maker of cigarettes such as Gauloises and Davidoff saidunderlying tobacco net revenue was up 3.1 percent in the year toSept. 30, up from the flat performance it reported at the ninemonth stage.
Looking ahead, Imperial Tobacco said it expected the firstquarter volumes to continue to reflect the tough tradingsituation in Iraq and Syria as well as strong comparatives fromlast year.
It said however that first half revenue should benefit fromstronger relative pricing and that overall it was well placed tomeet expectations for the year.
(Reporting by Kate Holton; editing by Sarah Young)