BAT (BATS LN, HOLD, T/P 5300p) announced this morning pre-close trading is in line with expectations before their 27th July 2017 interim results. The company expect volume to outperform the 4% expected industry decline. EPS is H2 weighted but benefited in H1 from a 14% currency tailwind. Trading is driven by Global Drive Brands which continues to grow market share.
14 Jun 2017
Trading in line
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Trading in line
British American Tobacco p.l.c. (BATS:LON) | 2,310 392.8 0.7% | Mkt Cap: 51,549m
- Published:
14 Jun 2017 -
Author:
Chris Wickham -
Pages:
4
BAT (BATS LN, HOLD, T/P 5300p) announced this morning pre-close trading is in line with expectations before their 27th July 2017 interim results. The company expect volume to outperform the 4% expected industry decline. EPS is H2 weighted but benefited in H1 from a 14% currency tailwind. Trading is driven by Global Drive Brands which continues to grow market share.