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Imperial Brands First Half Profit Lifted By Price Hikes, Tobacco Alternatives

Imperial Brands First Half Profit Lifted By Price Hikes, Tobacco Alternatives
esmmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from esmmagazine.com Daily Mail and Mail on Sunday newspapers.

United kingdomStefan bomhardImperial brandsBritish prime minister rishi sunakThird bridgeOrwa mohamad

Britvic Sees Group Revenue Up 8 1% In First Quarter

Britvic has reported a 'positive' start to its financial year, with group revenue increasing 12.1% year on year in the first quarter.

United kingdomGreat britainSimon litherlandExtra powerThird bridgeOrwa mohamad

BAT s US writedown puts tobacco transition in spotlight

BAT s US writedown puts tobacco transition in spotlight
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

City ofUnited kingdomUnited statesEmma rumneyChris beckettMatthew lewisMatt scuffhamPhilip morris internationalBritish american tobaccoAmerican tobaccoLucky strikeQuilter cheviotOrwa mohamad

Tobacco jolt: British American Tobacco writes down $31 5B from value of U S brands

Tobacco jolt: British American Tobacco writes down $31 5B from value of U S brands
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

United kingdomUnited statesTadeu marrocoAltria groupPhilip morris internationalBritish american tobaccoBritish englishAmerican tobaccoExecutive tadeu marrocoWall streetThird bridgeOrwa mohamadJapan tobacco

BAT s US writedown puts tobacco transition in spotlight

LONDON (Reuters) -British American Tobacco's admission that its U.S. cigarette brands will be worthless within decades has ramped up pressure on the company to prove it can better compete in alternatives like vapes. Earlier on Wednesday, BAT put a 30-year lifetime on some U.S. tobacco brands' value, taking a $31.5 billion noncash impairment. The move marked the first time a tobacco company has acknowledged that hugely profitable brands have no economic future.

City ofUnited kingdomUnited statesMatthew lewisChris beckettMatt scuffhamEmma rumneyBritish american tobaccoPhilip morris internationalAmerican tobaccoLucky strikeQuilter cheviotOrwa mohamad

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