BAT on track for FY guidance with New Category growth
US revenue and profit growth driven by combustibles, Vapour and Modern Oral; Velo extends share leadership.
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Multinational tobacco and nicotine products manufacturer
bat.comLast updated
In short: BAT reaffirmed its 2026 financial guidance as it accelerated its shift toward smokeless products, aiming for 50% of revenue from the category by 2035.
US revenue and profit growth driven by combustibles, Vapour and Modern Oral; Velo extends share leadership.
Strategy focuses on quality growth, sustainable future, and dynamic business to reduce health impacts by promoting switches to smokeless alternatives.
Reflects on 2025 achievements, outlines transformation capabilities, provides 2026 outlook, announces board changes including new CFO.
He joins on 1 September 2026 from Asahi Europe & International. Javed Iqbal serves as interim CFO until then.
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