This is not a simple statement but a story of numbers. Indeed, the giant British American Tobacco recorded the value of the day and gained 1,62% to 2 pence in London, supported by the upward revision of its 219 sales forecast. Very good news for the manufacturer of Vuse (formerly Vype).
It is our colleagues from the site " Capital Which announces it today. British American Tobacco, the British tobacco giant hopes that its "New Products" branch, which includes vaping, will achieve five billion pounds in sales by 2025.
The group expects sales to grow at constant exchange rates of 5% thanks to higher prices and volumes. It previously aimed for an increase of between 3% and 5%. Earnings per share excluding exceptional items should also increase by around 5%.
British American Tobacco continues to believe that this year 2021 will be pivotal for the group with the rise of electronic cigarettes. The company's sales and market share gain in this segment continues to accelerate.