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Headlines Tagged with BAT 7,707 headlines found


[Asia-pacific, Malaysia] No proof excise duty hike caused increase in illicit smokes, MCTC says

Malaysian Council for Tobacco Control (MCTC) today criticised the British American Tobacco (BAT) Malaysia for claiming illegal cigarette trades increased in Malaysia due to the 40 per cent excise duties hike. MCTC president Dr Molly Cheah said there were
Malay Mail (my)
added Apr 29, 2016 12:04

[UK] British American Tobacco: Karen De Segundo, Richard Tubb To Retire From Board

in its 2016 Annual General Meeting, held today, announced two changes to the Board which will take effect from the conclusion of the meeting.
added Apr 27, 2016 18:17

BAT’s volume up 3.6 percent

cigarette volume during the three months to the end of March, at 158 billion, was said by the company to be increased by about 3.6 percent on that of the first quarter of 2015, 152 billion. Organic growth was put at about 2.4 percent – from 152 billion to
Tobacco Reporter
added Apr 27, 2016 14:55
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BAT sales beat estimates on gains across western Europe

reported sales growth that beat analysts’ estimates due to higher volumes in western Europe. A 13% jump in the number of cigarettes sold in western Europe helped BAT report first-quarter revenue that rose 7.5% at constant exchange rates. That compares wi
The Star (my)
added Apr 27, 2016 14:54
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[UK] British American Tobacco posts revenue and volume growth in first quarter trading updates but warns profits are likely to come in second half of the year

Revenue at the world's second largest cigarette company increased by 1.7 per cent at current rates of exchange, or by 6.1 per cent on an organic, constant rate basis, excluding the impact of currency fluctuations and acquisitions.
City A.M. (uk)
added Apr 27, 2016 14:54

[Asia-pacific, Malaysia] BAT calls for 3-year moratorium on tobacco excise duty hikes

said the industry needs at least a three-year moratorium on further excise duty increases, to allow the market to stabilise. "That's what we recommend. If there is a further excise duty increase, it will be a lose-lose (situation) for the industry and th
Sun Daily (my)
added Apr 26, 2016 16:14

British American Tobacco sees profits weighted in H2

said its profit growth would be weighted toward the second half of the year, due partly to the impact of foreign exchange. In the three months to 31 March, the maker of Lucky Strike and Dunhill cigarettes said revenue rose 1.7 percent. Excluding the imp
added Apr 26, 2016 15:07

[North Carolina] Cameron discloses plans to step down second time from Reynolds

Cameron, 57, returned as Reynolds’ top executive May 1, 2014, with the specific goal of negotiating, completing and integrating Newport, the top-selling U.S. menthol cigarette, into the company’s brand portfolio. Reynolds accomplished that goal through i
Winston-Salem (NC) Journal
added Apr 26, 2016 14:37

British American Tobacco posts increase in revenue but warns of currency impact on profit

posted an increase in first-quarter revenue, but warned investors that a negative impact from currency impacts could have a detrimental effect on its full-year profit. In the three months to 31 March, the FTSE 100-listed company posted a 1.7% year-on-yea
IBTimes (uk)
added Apr 26, 2016 14:15

[North Carolina] ITG job cuts could have ripple effect on Reynolds

That affects Reynolds because the ITG job cuts could be a step in preparing Imperial and its subsidiaries for a buyer. “We still believe an eventual takeout of Reynolds by BAT is likely, but the time horizon of when this could occur would realistically
Winston-Salem (NC) Journal
added Apr 25, 2016 23:36
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