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British American Tobacco forecasts modest revenue growth for 2025

The Star

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June 04, 2025

BRITISH American Tobacco (BAT) is likely to generate 1% to 2% revenue growth in its 2025 financial year, as first-half revenue to June 30 was likely to be slightly ahead of previous guidance, CEO Tadeu Marroco said on Tuesday.

- EDWARD WEST

He said in a trading statement that the full-year revenue growth would support 1.5% to 2.5% growth in adjusted profit from operations.

The cigarette and non-combustible tobacco product group said their US operations were expected to return to revenue and profit growth in the first half, driven by strengthening combustibles delivery and “an excellent Velo Plus performance.”

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