British American Tobacco Results Show Pricing Power Masks slow transition

British American Tobacco’s share price has been down around 2.5% over the last week, and today's BATS final results show steady but unspectacular progress, with the group still heavily reliant on traditional cigarettes despite ongoing investment in “new category” products. Headline BATS results numbers Underlying revenue rose 2.1% to £25.6bn Underlying operating profit increased 2.3% […]

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