British American Tobacco PLC

BATS: XLON (GBR)

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British American Tobacco: Shares Now Fairly Valued as US Combustibles and Modern Oral Improve

Kristoffer Inton

Aug 1, 2025

British American Tobacco's first-half results benefited from an improvement in its US business. At constant currency and excluding Canada, companywide revenue was up nearly 2% to GBP 12.1 billion, and adjusted operating margin was flat at 44.7%.

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British American Tobacco PLC

British American Tobacco: Shares Now Fairly Valued as US Combustibles and Modern Oral Improve

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