News: British American Tobacco PLC (BATS.L)

BATS.L on London Stock Exchange

3,782.00GBp
27 Feb 2015
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Fri, Feb 27 2015

Kenya's BAT says FY 2104 pretax profit up 11 pct

NAIROBI, Feb 27 - British American Tobacco Kenya's full year 2014 pretax profit jumped 11 percent to 6.1 billion shillings ($66.8 million), helped by increased export and domestic sales, the company said on Friday.

British American Tobacco sales fall less than expected

LONDON - British American Tobacco , the world's second-biggest tobacco company, reported slightly better than expected sales for 2014, gaining share in a market shrinking as more smokers stub out the habit.

UPDATE 2-British American Tobacco sales fall less than expected

* Says expects to outperform market in tough conditions in 2015 (Adds more comments, share activity, byline)

Britain's FTSE edges higher after StanChart announces new CEO

LONDON, Feb 26 - Britain's top share index edged higher on Thursday following a spate of mixed earnings reports, supported by the banking sector as the market welcomed the announcement of a new CEO of Standard Chartered.

BRIEF-British American Tobacco FY adj EPS fell 3.9 pct

* FY operating margin, at current rates of exchange, grew by more than 50 basis points to 38.7 pct

BRIEF-British American Tobacco CEO expects to outperform industry this year

* British American Tobacco CEO says expects BAT to do better than the 1-1.5 percent decline expected for the industry in 2015.

British American Tobacco sales fall slightly smaller than expected

LONDON, Feb 26 - British American Tobacco , the world's second-biggest tobacco company, reported a slightly smaller-than-expected full-year sales decline, as smokers continued to cut back on the habit.

Deals of the day- Mergers and acquisitions

Feb 23 - The following bids, mergers, acquisitions and disposals were reported by 2115 GMT on Monday:

British American Tobacco mulls $3.5 billion buyout of Brazil unit stake

LONDON/SAO PAULO - British American Tobacco Plc is considering a buyout of the 24.7 percent stake it does not already own in Souza Cruz SA , Brazil's largest cigarette company, in a deal that could cost about 2.3 billion pounds ($3.53 billion).

UPDATE 2-British American Tobacco mulls $3.5 bln buyout of Brazil unit stake

LONDON/SAO PAULO, Feb 23 - British American Tobacco Plc is considering a buyout of the 24.7 percent stake it does not already own in Souza Cruz SA, Brazil's largest cigarette company, in a deal that could cost about 2.3 billion pounds ($3.53 billion).

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