Edition:
United Kingdom

British American Tobacco PLC (BATS.L)

BATS.L on London Stock Exchange

2,871.50GBp
22 Feb 2019
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Latest Key Developments (Source: Significant Developments)

BATS Says Quebec Class Action Judgment Against Imperial Tobacco Canada, Others On Mar. 1
Friday, 22 Feb 2019 

Feb 22 (Reuters) - British American Tobacco PLC ::BRITISH AM. TOBACCO - QUEBEC CLASS ACTION.BAT - QUEBEC COURT OF APPEAL ANNOUNCED THAT JUDGMENT IN QUEBEC CLASS ACTION AGAINST IMPERIAL TOBACCO CANADA, OTHERS WILL BE RENDERED ON MARCH 1.  Full Article

Sequana Updates On Litigation With British American Tobacco
Wednesday, 6 Feb 2019 

Feb 7 (Reuters) - SEQUANA SA ::ANNOUNCED ON WEDNESDAY THAT COURT OF APPEAL IN LONDON CONFIRMS FOR LARGEST PART DECISION MADE IN 1ST INSTANCE BY HIGH COURT OF JUSTICE IN LITIGATION BETWEEN SEQUANA AND BRITISH AMERICAN TOBACCO (BAT) .DECISION ONLY AFFECTS SEQUANA AND HAS NO IMPACT ON ITS SUBSIDIARIES ARJOWIGGINS AND ANTALIS WHICH ARE NOT A PARTY TO THIS LITIGATION .SEQUANA IS CURRENTLY REVIEWING TERMS OF DECISION AND INTENDS TO SEEK PERMISSION TO APPEAL WITH SUPREME COURT.  Full Article

British American Tobacco Announces Management Board Changes
Friday, 14 Dec 2018 

Dec 14 (Reuters) - British American Tobacco PLC ::JSE: BTI - BRITISH AMERICAN TOBACCO ANNOUNCES MANAGEMENT BOARD CHANGES.BRITISH AMERICAN TOBACCO PLC - CHIEF OPERATING OFFICER AND GROUP BUSINESS DEVELOPMENT DIRECTOR WILL CEASE TO EXIST AND ALL FOUR REGIONS.BRITISH AMERICAN TOBACCO PLC - NEW MANAGEMENT BOARD ROLES INCLUDING DIRECTOR, NEW CATEGORIES WILL BE CREATED.BRITISH AMERICAN TOBACCO PLC - MARINA BELLINI WILL BE APPOINTED AS DIRECTOR, DIGITAL AND INFORMATION.BRITISH AMERICAN TOBACCO PLC - PAUL LAGEWEG WILL BE APPOINTED AS DIRECTOR, NEW CATEGORIES.BAT - TADEU MAROCCO, REGIONAL DIRECTOR, EUROPE AND NORTH AFRICA, WILL BE APPOINTED TO A NEW MANAGEMENT BOARD ROLE, DIRECTOR, GROUP TRANSFORMATION.  Full Article

BATS Says FY Forecast Unchanged, De-Leveraging On Track
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - British American Tobacco PLC ::SECOND HALF PRE-CLOSE TRADING UPDATE 2018.BUSINESS CONTINUES TO PERFORM WELL AND FULL YEAR GUIDANCE REMAINS UNCHANGED.DE-LEVERAGING REMAINS ON TRACK.EXPECTING FY INDUSTRY VOLUME DECLINE AROUND 3.5%.THP AND VAPOUR ON TRACK TO REACH £900M OF FULL YEAR REPORTED REVENUE.US INDUSTRY VOLUME DECLINE REMAINS IN LINE WITH HISTORIC RANGES DOWN 4.4% YTD.CONTINUE TO EXPECT U.S. INDUSTRY CIGARETTE VOLUME TO BE DOWN 4.0% - 4.5% IN 2018.FY ADJUSTED EPS GROWTH EXPECTED TO BE IMPACTED BY CURRENCY TRANSLATION HEADWIND, AROUND 6% FOR FY18, AT CURRENT EXCHANGE RATES.  Full Article

British American Tobacco Names New Regional Director For AMSSA Region
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - British American Tobacco PLC ::BAT ANNOUNCES NEW REGIONAL DIRECTOR, AMSSA.LUCIANO TO COMMENCE NEW ROLE ON 1 JANUARY 2019 AT SAME TIME AS KINGSLEY TAKES UP HIS NEW ROLE AS CHIEF MARKETING OFFICER.  Full Article

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

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