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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| British American Tobacco Plc | LSE:BATS | London | Ordinary Share | GB0002875804 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 11.00 | 0.47% | 2,371.00 | 2,370.00 | 2,372.00 | 2,389.00 | 2,364.00 | 2,377.00 | 4,664,211 | 14:00:54 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Cigarettes | 27.72B | -14.37B | -6.4241 | -3.70 | 53.14B |
From Apr 2019 to Apr 2024
By Saabira Chaudhuri
British American Tobacco PLC reported Thursday stronger profit for 2016, helped by higher revenue and favorable currency moves.
BAT reported annual profit of 4.65 billion pounds ($5.8 billion), compared with GBP4.29 billion pounds in 2015, on revenue that was 13% higher at GBP14 billion.
The maker of Lucky Strike and Dunhill cigarettes said the volume of cigarettes sold declined 0.8% on an organic basis compared with a decline of 0.5% a year earlier and against an estimated industry decline of 3%.
BAT last month agreed to take full control of Reynolds American Inc. in a $49.4 billion deal. Buying Reynolds will give the London-based tobacco giant direct access to the U.S., 13 years after it merged its U.S. business Brown & Williamson with R.J. Reynolds Tobacco Holdings Inc. to form Reynolds American. BAT has maintained a 42% stake in Reynolds ever since, with a 10-year standstill agreement preventing it from increasing this.
-Write to Saabira Chaudhuri at saabira.chaudhuri@wsj.com
(END) Dow Jones Newswires
February 23, 2017 02:37 ET (07:37 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
1 Year British American Tobacco Chart |
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