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British American Tobacco Now Sees FY Adj Rev Growth In 1% To 3% Range
BAT Says Its Potential COVID-19 Vaccine Shown To Produce Positive Immune Response
British American Tobacco Says DOJ, OFAC Investigations On Suspicions Of Sanctions Breach
British American Tobacco p.l.c. is a holding company. The Company is a multi-category consumer goods company that provides tobacco and nicotine products. Its Potentially Reduced-Risk Products (PRRP) include vapour, tobacco heating products (THP), modern oral products including tobacco-free nicotine pouches, as well as traditional oral products such as snus and moist snuff. Its THP includes glo, neo sticks and its hybrid products; vapour products include vype, vuse, ten motives and ViP, and modern oral includes white modern oral brands of EPOK, Lyft and Velo. The Company’s segments include United States of America, Americas and Sub-Saharan Africa, Europe and North Africa, and Asia-Pacific and Middle East. The Company’s international and local cigarette brands include Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555 and Shuang Xi.
Globe House, 4 Temple Place
Richard George William Burrows
Non-Executive Chairman of the Board
Jack Marie Henry David Bowles
Chief Executive Officer, Executive Director
Tadeu Luiz Marroco
Ricardo Cesar de Almeida Oberlander
President and Chief Executive Officer of Reynolds American Inc.
Kingsley J. Wheaton
Chief Marketing Officer
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British American Tobacco (BAT) <BATS.L> cut its annual adjusted profit and revenue forecasts on Tuesday, pointing to a worsening outlook for an industry that had previously reported little impact from the coronavirus pandemic on sales and operations.
European shares inched lower on Tuesday as declines in UK's British American Tobacco and banking stocks halted a rally driven by optimism over a global recovery from the coronavirus crisis.
London's FTSE 100 index was dragged lower at the opening bell on Tuesday by losses in British American Tobacco, after the company cut its annual profit and revenue forecasts.
World's No.2 cigarette company British American Tobacco said on Friday it was ready to test its potential COVID-19 vaccine using proteins from tobacco leaves on humans, after it generated a positive immune response in pre-clinical trials.
British American Tobacco <BATS.L> said on Thursday it was maintaining its guidance of high single figure earnings per share growth for 2020 while expecting some impact on volume and revenue growth in the second-quarter due to the coronavirus.
British American Tobacco said on Thursday it was maintaining its guidance of high single figure earnings per share growth for 2020 while expecting some impact on volume and revenue growth in the second-quarter due to the coronavirus.
British American Tobacco (BAT) <BATS.L> is the subject of a U.S. criminal investigation over suspected sanctions-busting, The Times reported https://bit.ly/2ydR5Wm on Tuesday, sending the company's shares down more than 5%.
UK stock markets edged lower on Monday as shares in British American Tobacco slumped on reports of a U.S. criminal probe, while signs that Britain will remain under lockdown for a longer period dented the mood.
Lucky Strike cigarette maker British American Tobacco is under criminal investigation by U.S. regulators over suspected sanctions-busting, The Times reported https://bit.ly/2ydR5Wm on Tuesday.
British American Tobacco said on Thursday that it sued Philip Morris International Inc in the United States and Germany, alleging that the tobacco heating technology used in its bigger rival's IQOS devices infringed its patents.
British American Tobacco said on Thursday it had filed patent infringement challenges against Philip Morris International Inc in the United States, the UK and Germany over the heating technology used in its iQOS tobacco products.
The South African arm of British American Tobacco <BATS.L> urged the government on Saturday to reconsider its ban on cigarette sales during the nationwide coronavirus lockdown, saying it would have unintended consequences.
British American Tobacco <BATS.L>, the maker of Dunhill and Lucky Strike cigarettes, said on Wednesday its U.S. biotech unit was working on a potential vaccine for COVID-19 using proteins extracted from tobacco leaves.
Cigarette makers Imperial Brands <IMB.L> and British American Tobacco <BATS.L> announced deals on Tuesday for new credit while saying they were not seeing any major hit to business from the coronavirus outbreak.
Cigarette makers Imperial Brands Plc and British American Tobacco announced deals on Tuesday for new credit while saying they were not seeing any major hit to business from the coronavirus outbreak.
* IMPACT OF PRESENT CORONAVIRUS ON RESULTS OF OPERATIONS AND FINANCIAL CONDITION IS UNCERTAIN AND CANNOT BE PREDICTED
Britain's top shares ended a volatile session higher on Thursday after the Bank of England cut interest rates to a record low and ramped up its bond-buying programme in a bid to rescue the economy from the coronavirus crisis.
The FTSE 100 edged higher in a choppy start on Thursday, supported by a jump in the shares of tobacco company BAT and a weaker pound as London braced for a virtual shutdown due to the spread of the novel coronavirus.
British American Tobacco <BATS.L>, the world's No.2 tobacco maker, said on Wednesday the coronavirus outbreak has not had any material impact on it as consumers continue to make purchases even in harder hit countries.
* BAT - IN 2020 WE EXPECT TO MAKE FURTHER PROGRESS TOWARDS OUR AMBITION OF £5BN NEW CATEGORY REVENUE IN 2023/24
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.