British American Tobacco wins Brexit sales boost
The headquarters of British American Tobacco in central London (AFP Photo/Isabel Infantes)/ London (AFP) - British American Tobacco, fresh from its takeover of US peer Reynolds, reported on Thursday sliding first-half net profits, but sales jumped on the back of the Brexit-hit pound. Profit after tax slid 15 percent to £2.3 billion ($3.0 billion, 2.6 billion euros) in the six months to June 30 from a year earlier, the maker of Lucky Strike cigarettes said in a results statement. BAT, whose cigarette brands include also Dunhill and Kent, ...
Click
To Read Full Article