Edition:
United Kingdom

British American Tobacco PLC (BATS.L)

BATS.L on London Stock Exchange

3,299.50GBp
19 Oct 2018
Change (% chg)

24.50 (+0.75%)
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3,275.00
Open
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Day's High
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3,255.50
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Latest Key Developments (Source: Significant Developments)

BAT Says Jack Bowles Will Succeed Nicandro Durante As CEO
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - British American Tobacco PLC ::JSE: BTI - BRITISH AMERICAN TOBACCO ANNOUNCES CEO SUCCESSION.JACK BOWLES, CURRENTLY COO OF BAT'S INTERNATIONAL BUSINESS, WILL SUCCEED NICANDRO DURANTE AS CHIEF EXECUTIVE OFFICER OF BAT.JACK WILL BECOME CHIEF EXECUTIVE DESIGNATE ON 1 NOVEMBER 2018 AND WILL JOIN BOARD ON 1 JANUARY 2019.CEO NICANDRO RETIRES ON 1 APRIL 2019.  Full Article

BAT progressing on vaping devices, downplays Brexit
Thursday, 26 Jul 2018 

July 26 (Reuters) - British American Tobacco PLC ::BRITISH AMERICAN TOBACCO EXEC SAYS FDA HAS CLEARED SUBSTANTIAL EQUIVALENCE APPLICATION FOR ITS IMPROVED CARBON TIPPED TOBACCO HEATING PRODUCT, ECLIPSE.BRITISH AMERICAN TOBACCO EXEC SAYS EXPECTS TO HAVE SCIENTIFIC PANEL HEARING ON CAMEL SNUS IN SEPTEMBER.BRITISH AMERICAN TOBACCO EXEC SAYS WANTS STABILITY AS MUCH AS ANY OTHER COMPANY, BUT BREXIT SHOULD NOT HAVE BIG IMPACT.BRITISH AMERICAN TOBACCO EXEC SAYS THERE IS A POSSIBILITY OF US TARIFFS ON CHINESE-IMPORTED VAPING DEVICES.BRITISH AMERICAN TOBACCO EXEC SAYS DOES NOT HAVE CONFIRMATION THAT THERE WILL BE TARIFFS ON VAPING DEVICES.  Full Article

British American Tobacco Declares Interim Dividend Of 195.2 Pence Per Share
Tuesday, 19 Jun 2018 

June 19 (Reuters) - British American Tobacco Plc ::SAYS DECLARED AN INTERIM DIVIDEND OF 195.2 PENCE PER ORDINARY SHARE OF 25 PENCE.  Full Article

BAT Says On Track For Another Year Of Earnings Growth
Wednesday, 25 Apr 2018 

April 25 (Reuters) - British American Tobacco PLC ::GROUP REMAINS ON TRACK FOR ANOTHER GOOD YEAR OF EARNINGS GROWTH.LOOKING FORWARD INTO 2018, FOREIGN CURRENCY EXCHANGE RATES ARE A HEADWIND FOR BUSINESS THIS YEAR.IF RATES FX WERE TO STAY AT CURRENT LEVELS, CO TO FACE TRANSLATIONAL FOREX HEADWIND OF 7% ON ORGANIC OPERATING PROFIT; 8% ON EPS.MAINLY DUE TO VOLUME SHIPMENT PHASING, PRICING IN SOME MARKETS, INCLUDING GCC AND RUSSIA, PROFIT GROWTH EXPECTED TO BE SKEWED TO H2.BY END OF 2018 OBJECTIVE TO MORE THAN DOUBLE REVENUE FROM NEXT GENERATION PRODUCTS TO SUBSTANTIALLY MORE THAN £1 BILLION.TO FURTHER RAISE INVESTMENT PLANS BEHIND NEXT GENERATION PRODUCTS IN 2018; SOME ROLL-OUTS, LAUNCHES PLANNED TOWARDS END OF Q3.  Full Article

BAT Says U.S. Tax Reform To Result In Non-Cash Exceptional Tax Credit
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - British American Tobacco Plc ::IMPACT ON BAT OF NEW US TAX LEGISLATION.‍FOR YEAR TO 31 DECEMBER 2017 ANNOUNCED CHANGES WILL HAVE NO IMPACT ON GROUP'S UNDERLYING EFFECTIVE TAX RATE​.‍FOR YEAR TO 31 DEC, CURRENTLY ANTICIPATE THAT CHANGES WILL REDUCE GROUP'S EFFECTIVE TAX RATE PERCENTAGE TO HIGH-TWENTIES​.‍ANTICIPATE THAT CHANGES WILL RESULT IN A NON-CASH EXCEPTIONAL TAX CREDIT AS A RESULT OF REVALUATION OF DEFERRED TAX BALANCES ​.‍ALL OTHER THINGS BEING EQUAL, CHANGES WOULD RESULT IN A BENEFIT OF 6% TO FULL YEAR 2018 EARNINGS PER SHARE​.‍NON-CASH EXCEPTIONAL TAX CREDIT AS A RESULT OF REVALUATION OF DEFERRED TAX BALANCES ARISING FROM ACQUISITION OF REYNOLDS AMERICAN INC​.  Full Article

U.S. FDA Accepts And Files Modified Risk Tobacco Product Applications For Camel Snus
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Reynolds American::U.S. FDA ACCEPTS AND FILES MODIFIED RISK TOBACCO PRODUCT APPLICATIONS FOR CAMEL SNUS.REYNOLDS AMERICAN SAYS FDA ACCEPTED, FILED FOR SUBSTANTIVE REVIEW, 18 MRTP APPLICATIONS COVERING 6 STYLES OF CAMEL SNUS.REYNOLDS AMERICAN SAYS MRTP APPLICATION(S) WILL NOW UNDERGO A SUBSTANTIVE REVIEW PROCESS BY FDA THAT IS EXPECTED TO BE COMPLETED WITHIN A YEAR‍​.  Full Article

British American Tobacco Says ‍Trading Is In Line With Expectations​
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - British American Tobacco Plc ::‍TRADING IS IN LINE WITH OUR EXPECTATIONS​.‍FULL YEAR EPS TO BENEFIT FROM A REDUCED CURRENCY TRANSLATION TAILWIND OF 5%​.‍ANTICIPATE FULL YEAR INDUSTRY VOLUME TO BE DOWN AROUND 4%​.‍ORGANIC PRICE MIX IS EXPECTED TO MODERATE IN H2​.‍FULL YEAR ORGANIC PRICE MIX IS EXPECTED TO REMAIN WITHIN HISTORIC RANGES​.‍REYNOLDS AMERICAN INC. (RAI) INTEGRATION ON TRACK, WITH BUSINESSES PERFORMING STRONGLY, DRIVEN BY GOOD SHARE GROWTH AND PRICING​.  Full Article

British American Tobacco ‍Declares Second Interim Dividend
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - British American Tobacco Plc ::‍DECLARED A SECOND INTERIM DIVIDEND OF 43.6 PENCE PER ORDINARY SHARE OF 25P FOR YEAR ENDING 31 DECEMBER 2017​.SECOND INTERIM DIVIDEND WILL BE PAYABLE ON 8 FEB 2018.  Full Article

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Pricing boost helps Philip Morris quarterly results to beat estimates

LONDON Philip Morris International , maker of Marlboro cigarettes, maintained its full-year guidance on Thursday after higher pricing helped it to report better than expected quarterly sales and profit.