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BATS British American Tobacco Plc

2,406.00
17.00 (0.71%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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

BATs Sees Trading in Line, Expects Strong Market-Share Growth

12/06/2018 7:54am

Dow Jones News


British American Tobacco (LSE:BATS)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more British American Tobacco Charts.
   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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