BAT’s (BATS LN, HOLD, T/P 5300p) interim results were in line with expectations. BAT’s reported organic cigarette volume fell 5.2%, below Bloomberg’s consensus estimate of 4.9%. Organic revenue growth in H1 increased 2.5%, slightly ahead of consensus. Adjusted EPS at current FX was 134p, beating consensus.
27 Jul 2017
Standing up to the Heat
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Standing up to the Heat
British American Tobacco p.l.c. (BATS:LON) | 2,294 45.9 0.1% | Mkt Cap: 51,192m
- Published:
27 Jul 2017 -
Author:
Chris Wickham -
Pages:
4
BAT’s (BATS LN, HOLD, T/P 5300p) interim results were in line with expectations. BAT’s reported organic cigarette volume fell 5.2%, below Bloomberg’s consensus estimate of 4.9%. Organic revenue growth in H1 increased 2.5%, slightly ahead of consensus. Adjusted EPS at current FX was 134p, beating consensus.