British American Tobacco expects mid-teens annual revenue growth from smoking alternatives to 2030
BAT said it expects mid-teens revenue growth from vaping and nicotine pouches each year until 2030 and contribution margin of at least 30% by 2030, against 13.3% in June 2026, while it remains on track for 2026 revenue growth of 3%-5% and adjusted profit from operations growth of 4%-6%.