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By Aimee LookBritish American Tobacco is betting on high revenue growth for its vape and oral products segment in a new 2030 strategy.The cigarette and vape maker, which houses the Kent, Lucky Strike and Vuse brands, said it expects revenue for new category products to grow by the mid-teens through…
BAT targets 3%-5% FY26 revenue growth and 4%-6% adjusted operating profit growth at constant rates, with adjusted diluted EPS growth expected toward the middle of 5%-8%. Leverage is forecast to stay within 2.0-2.5x by year-end; it expects a 2%-2.5% translational FX headwind based on USD/GBP 1.3245.
British American Tobacco p.l.c. LSE:BATS
British Amer Tobacco Expects to Grow New Category Rev by Mid-Teens Through to 2030