British American Tobacco’s Results Exceed Expectations – With Profits Supported By Reduced Risk Products
British American Tobacco PLC (LON:BATS)’s half-year results have come in a little above market expectations. Revenues were up by 3.7%, driven by growth in New Categories of 45%. Underlying operating profits of £5,645m were 4.9% ahead of the prior year and the group generated £3,221m of cash during the period. The stock edged 1% higher […]
British American Tobacco’s Results Exceed Expectations – With Profits Supported By Reduced Risk Products
British American Tobacco PLC (LON:BATS)’s half-year results have come in a little above market expectations. Revenues were up by 3.7%, driven by growth in New Categories of 45%. Underlying operating profits of £5,645m were 4.9% ahead of the prior year and the group generated £3,221m of cash during the period. The stock edged 1% higher […]