BAT (BATS LN, HOLD, T/P 5300p) released FY2016 results this morning in line on EPS and revenue. Revenue at current rates increased 12.6% to £14.8bn, in line with Whitman Howard and slightly below Bloomberg consensus (£14.9bn), while adjusted diluted EPS continued its positive momentum to 248p (vs 249p Whitman Howard estimates). Analyst consensus was 246p. The company hold an analyst briefing at 9.30.
23 Feb 2017
Delivering EPS growth on message
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Delivering EPS growth on message
British American Tobacco p.l.c. (BATS:LON) | 2,408 0 0.0% | Mkt Cap: 53,786m
- Published:
23 Feb 2017 -
Author:
Chris Wickham -
Pages:
4
BAT (BATS LN, HOLD, T/P 5300p) released FY2016 results this morning in line on EPS and revenue. Revenue at current rates increased 12.6% to £14.8bn, in line with Whitman Howard and slightly below Bloomberg consensus (£14.9bn), while adjusted diluted EPS continued its positive momentum to 248p (vs 249p Whitman Howard estimates). Analyst consensus was 246p. The company hold an analyst briefing at 9.30.