British American Tobacco first-half sales beat estimates on higher e-cig customer adds
- Country:
- United Kingdom
British American Tobacco on Wednesday reported better-than-expected revenue for the first half of the year as the Lucky Strike cigarette maker added a record number of new customers for its vaping products. Total adjusted revenue came in at 12.18 billion pounds ($16.90 billion) for the six months ended June 30, ahead of the 12.02 billion pounds analysts had expected, according to a company-supplied estimate.
The company also kept its full-year forecast for over 5% sales growth in constant currency. ($1 = 0.7209 pounds)
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