British American Tobacco: Lucky Strike maker holds guidance but vapes and tobacco sales disappoint Smoking BAT said profit from operations declined by 28.3 per cent, with the operating margin down by 9.7 percentage points to 34.5 per cent.
MPs to vote on Rishi Sunak’s bill to create ‘smokefree generation’ UK Politics MPs will vote on Rishi Sunak’s landmark bill to create a “smokefree generation” in the House of Commons later today.
Why British American Tobacco is campaigning for higher taxes on vapes retail The Build a Better Tomorrow plan is designed to reduce the health impact of the BAT business by offering customers around the world a choice of less risky products.
British American Tobacco kicks off buyback as company looks to boost flagging share price March 18, 2024 Under the buyback plan, BAT plans to repurchase £1.6bn worth of its ordinary shares, with £700m slated for 2024 and £900m to follow in 2025.
British American confirms plan to launch buyback after Indian partner stake sale March 12, 2024 British American Tobacco (BAT) is reportedly set to begin a begin a partial sale of its stake in Indian partner ITC as early as this week.
BAT opens £30m research centre in UK as part of drive for ‘smokeless future’ March 11, 2024 BAT has opened a £30m 'innovation centre' in the UK as it looks to ramp up development and production of its vaping and smokeless products.
FTSE 100 close: London dragged lower by Astrazeneca, DS Smith soars after takeover rumours February 8, 2024 Shares in Astrazeneca, the biggest company listed in London, dropped 6.3 per cent even after reporting an increase in revenue in 2023.
British American Tobacco slumps to £15.7bn loss as higher impairment charge on US brands wipes out profit February 8, 2024 British American Tobacco has said the size of its writedown on the value of its US brands has increased to £27.3bn.
The FTSE 100 stocks that have turned £100 into £30k over the past 40 years January 3, 2024 As the FTSE 100 celebrates its fortieth birthday, City A.M. looks back at what invested should have invested in when the index first launched in 1984.
BAT plunges nine per cent after announcing £25bn hit December 6, 2023 British American Tobacco has said 50 per cent of its revenue will come from non-combustible products such as vapes by 2035.