British American Tobacco

British American Tobacco Expects Decline In First-Half Revenue, Profit

British American Tobacco expects a small decline in half-year revenue and adjusted profit from operations, but maintained its forecast of low single digit...

Philip Morris Nears Texas Launch Of Flagship Heated Tobacco Device

Philip Morris International is preparing to launch its flagship heated tobacco device IQOS in Austin, Texas, indicating it will be the first testing ground...

BAT To Buy Back £700m Shares In 2024 After ITC Share Sale

British American Tobacco said the company would buy back £700 million (€819.1 million) worth of shares this year after selling down its stake in...

BAT Invests £30m In New Innovation Centre In Southampton

British American Tobacco (BAT) has opened an innovation centre at its global research and development (R&D) headquarters in Southampton.

British American Tobacco Beats Full-Year Profit Estimates, Signals ITC Stake Disposal

British American Tobacco forecast low-single digit organic revenue growth, adding it expected a slow recovery in the United States economy.

Juul Seeks US Authorisation For Its New Age-Restricted Menthol Pods

Juul Labs said it was seeking US authorisation for its new menthol-flavoured pods, which require user age verification, to be used with its e-cigarette dev...

Tobacco Firms' Transition Under Fire As WHO Targets Vaping

Tobacco firms that are shifting to new nicotine products have the most to lose if tobacco alternatives face the same rules as cigarettes.

BAT Takes £25bn Impairment Charge On US Cigarette Brands

British American Tobacco said that it is to take an around 25 billion (€29.2 billion) impairment charge as it reassesses the value of some of its U.S....