Wednesday, February 17, 2021

BAT FY20 Profit Rises, Volume Down; Sees Weak Volume Ahead; Stock Dips

British American Tobacco plc reported Wednesday higher profit in its fiscal 2020, despite slightly lower revenues with weak volume. Looking ahead for fiscal 2021, the company expects growth in constant exchange rates, while global tobacco industry volume is expected to be down around 3 percent. The shares were losing around 5 percent in London trade as well as in pre-market activity on NYSE.

from RTT - Earnings https://ift.tt/3s5nl4C
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