Press Release - Gatchalian on allowing localized, limited face-to-face classes: learn from other countries senate.gov.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from senate.gov.ph Daily Mail and Mail on Sunday newspapers.
The Rothmans and Dunhill maker said sales of new categories jumped by 14.9 per cent, thanks to revenues from its vapour and modern oral products each rising by more than half.
BENGALURU (Feb 17): British American Tobacco forecast on Wednesday e-cigarette and tobacco heating devices would contribute to earnings for the first time this year as more smokers switch to products perceived as less harmful in the pandemic.
The maker of Lucky Strike and Newport cigarettes saw three million more customers use its new categories products - including e-cigarette, tobacco heating and oral nicotine - during the COVID-19 pandemic in 2020.
It also sold more higher priced cigarettes, helping adjusted earnings to reach 331.7 pence per share (EPS), beating analysts average estimate of 329.87 pence, according to Refinitiv data.
However, pretax profits fell short of expectations, knocking shares in the world s second-largest tobacco company down around 5% in early trading.
The Rothmans and Dunhill maker said sales of new categories jumped by 14.9 per cent, thanks to revenues from its vapour and modern oral products each rising by more than half.
British American Tobacco adds three million more vaping and oral product users as sales of tobacco continue to plunge msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.