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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 | |
---|---|---|---|---|---|---|---|---|---|---|
32.00 | 1.33% | 2,433.00 | 2,433.00 | 2,434.00 | 2,447.00 | 2,409.00 | 2,409.00 | 5,573,444 | 16:29:52 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Cigarettes | 27.72B | -14.37B | -6.4241 | -3.79 | 54.41B |
By Adriano Marchese
British American Tobacco PLC (BATS.LN) said Wednesday that business continues to perform well in the first half of fiscal 2019 and that it is on track to deliver a good performance for the full year.
The tobacco company said that revenue on a constant-currency basis is expected to be in the mid-to-upper half of its long-term guidance range of 3% and 5%. It also said that adjusted operating profit growth are in line with its guidance, but didn't provide any further figures. Additionally, BATS expects to deliver high single-figure adjusted diluted earnings-per-share growth at constant currency.
BATS said that deleveraging remains on track, and that the business expects to deliver free cash flow after dividends of 1.5 billion pounds ($1.9 billion) for the full year.
The company also said that it intends to consolidate its new category portfolio into fewer brands.
Write to Adriano Marchese at adriano.marchese@dowjones.com
(END) Dow Jones Newswires
June 12, 2019 02:40 ET (06:40 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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