British American Tobacco CEO Tadeu Marrocco reaffirmed on June 2 that the company is on track to deliver its full-year guidance, driven by US delivery and new category momentum. The company projects 3% to 5% revenue growth and 4% to 6% adjusted profit from operations growth, with adjusted earnings per share expected to grow between 5% and 8%. It also anticipates operating cash flow conversion in excess of 95% in 2026, supported by accelerating new-category performance and global share gains for Velo and Vuse. The company currently pays a quarterly dividend of about $0.82 a share, yielding 5.67%, and earlier this year raised its quarterly dividend by 2% to 245.04p.
British American Tobacco PLCReaffirmed full-year guidance with projected revenue and profit growth, raised dividend, and strong cash flow outlook.
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