Financial Times FT.com

Imperial Tobacco hit by earnings worry

By Neil Dennis and Samantha Pearson

Published: March 9 2010 08:44 | Last updated: March 9 2010 19:54

Imperial Tobacco was a casualty on Tuesday as the FTSE 100 continued to flatline near its 18-month high.

The maker of Davidoff and Gauloises lost 2.5 per cent to £20.91, its sharpest fall in six weeks, after UBS said earnings growth was set to slow significantly and consensus forecasts for next year looked too high.

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