British American Tobacco CEO Interviewed on Half-Year Results
LONDON, July 25, 2012 /PRNewswire/ –
The tobacco group BAT with more than 200 brands to its name has unveiled 2012 half
year results that the company described as pleasing given the tough comparatives from the
same period last year and the difficult economic environment in parts of Europe.
Its CEO, Nicandro Durante, said that “pricing remained strong” and that there were
good performances right across its regions with its Global Drive Brands continuing their
strong growth trajectory and innovations growing strongly too.
In actual numbers terms the results showed an increase in turnover of 4%, an
improvement in operating profit up 6% and EPS up 10% at constant exchange rates, a
financial performance which its FD Ben Stevens said gave him confidence that the company
was on track for another good set of results for the full year.
The interview and transcript are available now on
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SOURCE British American Tobacco Plc