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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 | |
---|---|---|---|---|---|---|---|---|---|---|
17.00 | 0.71% | 2,406.00 | 2,407.00 | 2,408.00 | 2,411.00 | 2,384.50 | 2,386.50 | 3,983,975 | 16:35:29 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Cigarettes | 27.72B | -14.37B | -6.4241 | -3.75 | 53.84B |
By Oliver Griffin
British American Tobacco PLC (BATS.LN) said Tuesday that it continues to see trading in line with views, expecting strong market-share growth on the back of its global drive brands.
The maker of Dunhill and Lucky Strike cigarettes said growth in both adjusted revenue and adjusted profit are expected to be weighted toward the second half of the year as the impact from significant events will affect the comparison with the first half of 2017.
The company warned that if exchange rates are unchanged it expects they will have a negative effect of 8% on operating profit in the first half of 2018 and 6% for the full year.
BATs said it continues to aim to more than double revenue from next-generation products, such as vapor and heated tobacco products, to substantially more than 1 billion pounds ($1.34 billion) by the end of 2018.
Write to Oliver Griffin at oliver.griffin@dowjones.com
(END) Dow Jones Newswires
June 12, 2018 02:39 ET (06:39 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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