BAT FY revenues rise on higher prices; strong cigarette sales
British American Tobacco
2,970.00p
15:50 10/01/25
-0.70%
-21.00p
British American Tobacco on Thursday reported a rise in annual revenue as it said it expected another year of high single figure adjusted constant currency earnings growth.
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34,930.86
15:48 10/01/25
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The maker of Luck Strike cigarettes said revenue rose 5.7% to £25.88bn on the back of higher prices and a strong performance from its traditional tobacco business and new products.
Pre-tax profit fell to £7.91bn compared with £8.35bn. The company said it expected adjusted revenue growth at constant rates of exchange in a range of 3% - 5%.
BAT said it anticipated global industry cigarette and tobacco-heating products volume in 2020 to fall around 4%.