British American Tobacco revenue inches higher, reported profit falls

30th Jul 2026 10:02

(Sharecast News) - British American Tobacco reported first-half revenue of £12.24bn on Thursday, up 1.4% on a reported basis and 2.9% at constant currencies, as growth in the US and new categories offset weaker performance in Asia-Pacific, Middle East and Africa.

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BAT reports 5,500 job cuts in cost-savings drive

29th Jun 2026 09:16

(Sharecast News) - British American Tobacco has revealed plans to cut 5,500 jobs as part of its Fit2Win transformation programme that aims to save £600m in costs each year.

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British American Tobacco maintains guidance as US and new-category momentum strengthen

2nd Jun 2026 07:06

(Sharecast News) - Tobacco giant British American Tobacco said on Tuesday that it was firmly on track to deliver full-year guidance, driven by continued US delivery and new category momentum.

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BAT sees no impact yet from Iran war

15th Apr 2026 12:42

(Sharecast News) - British American Tobacco said the Iran war was not currently having a significant impact on the group's business as it also forecast annual results to be at the lower end of guidance.

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UBS downgrades Imperial Brands to 'neutral'

15th Apr 2026 09:47

(Sharecast News) - UBS downgraded Imperial Brands on Wednesday to 'neutral' from 'buy' and cut the price target to 3,150p from 3,500p as it pointed to limited near-term catalysts and the fact it has outperformed its tobacco peers over the last four years.

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British America Tobacco appoints Asahi's Dragos Constantinescu as CFO

9th Apr 2026 07:58

(Sharecast News) - British American Tobacco said on Thursday that it has appointed Dragos Constantinescu as chief financial officer with effect from 1 September.

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British American Tobacco FY revenues edge lower, profits surge

12th Feb 2026 07:14

(Sharecast News) - Tobacco giant British American Tobacco posted preliminary full-year results on Thursday, reporting a slight decline in reported revenue but modest growth at constant currency rates.

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British American Tobacco extends Jobin's tenure as chair to 2028

10th Feb 2026 09:50

(Sharecast News) - British American Tobacco said on Tuesday that it was extending Luc Jobin's tenure as chair for up to two years until April 2028 as it continues to look for a successor.

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British American Tobacco reaffirms outlook on solid US trading

9th Dec 2025 07:49

(Sharecast News) - Shares in British American Tobacco came under pressure on Tuesday, despite the owner of Lucky Strike unveiling plans to return £1.3bn to shareholders, after expectations for the coming year were tempered slightly.

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Citi raises target price on British American Tobacco, flags scope for FY26 outperformance

28th Nov 2025 10:37

(Sharecast News) - Analysts at Citi raised their target price on tobacco giant British American Tobacco to £48.50 on Friday, stating it expects the firm's 2026 growth performance to surprise to upside.

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London close: Stocks lower amid surge in gilt yields

2nd Sep 2025 17:31

(Sharecast News) - London stocks closed lower on Tuesday as rising borrowing costs and a sharp fall in sterling weighed on sentiment.

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RBC Capital downgrades BAT to 'underperform'

2nd Sep 2025 11:03

(Sharecast News) - RBC Capital Markets downgraded British American Tobacco on Tuesday to 'underperform' from 'sector perform' but lifted the price target to 3,400p from 3,000 as it said profit expectations for the company's New Categories are "seriously overblown".

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London close: Stocks fall on fresh US stability jitters

26th Aug 2025 17:30

(Sharecast News) - London equities fell on Tuesday as political turmoil in the US unsettled global markets, with president Donald Trump's move to oust Federal Reserve governor Lisa Cook sparking investor jitters.

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British American Tobacco CFO Benchikh steps down

26th Aug 2025 07:16

(Sharecast News) - British American Tobacco said on Tuesday that chief financial officer Soraya Benchikh is stepping down with immediate effect.

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British American Tobacco H1 reported revenues, adjusted operating profits fall

31st Jul 2025 08:43

(Sharecast News) - British American Tobacco reported a dip in H1 reported revenues and adjusted operating profits on Thursday, as currency pressures and reduced cigarette volumes weighed on its overall performance.

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