BAT keeps FY26 guidance, lifts New Category revenue growth view to mid-teens

  • British American Tobacco kept FY 2026 guidance, citing strong U.S. delivery and accelerating New Category momentum.
  • Now expects mid-teens New Category revenue growth for H1 and the full year, raised from low double-digit growth.
  • Targets 3%-5% revenue growth, 4%-6% adjusted profit from operations growth, 5%-8% adjusted diluted EPS growth; 2026 seen low-end.
  • Forecasts global cigarette industry volume down about 2.5%, revised from about 2%.
  • Guides net finance costs of about GBP 1.75 billion; operating cash flow conversion above 95%; gross capex about GBP 750 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. British American Tobacco plc published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S522133), on June 02, 2026, and is solely responsible for the information contained therein.

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