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BAT full-year revenue rises

Thursday, 23 Feb 2017 02:00am EST

British American Tobacco Plc : Preliminary announcement for the year ended 31 December 2016 . FY revenue 14,751 mln stg vs 14,008 mln stg year earlier . FY adjusted profit from operations. 5,480 mln stg versus 5,197 mln stg year earlier . FY group's cigarette market share1 in its key markets2 continued to grow very strongly, up 50 basis points (bps) . FY group cigarette volume grew 0.2 pct to 665 billion . FY total tobacco volume was 0.1 pct higher than 2015 . FY group revenue was up 12.6 pct at current rates . FY adjusted diluted earnings per share, at current rates, was up 18.8 pct at 247.5 pence . Board has recommended a final dividend of 118.1p, to be paid on 4 May 2017 . In 2016, group experienced significant hedge ineffectiveness on its external swaps, driven by market volatility following referendum regarding "Brexit" .Are investigating, through external legal advisors, allegations of misconduct and are liaising with serious fraud office and other relevant authorities.

BAT full-year revenue rises

Thursday, 23 Feb 2017 02:00am EST

British American Tobacco Plc : Preliminary announcement for the year ended 31 December 2016 . FY revenue 14,751 mln stg vs 14,008 mln stg year earlier . FY adjusted profit from operations. 5,480 mln stg versus 5,197 mln stg year earlier . FY group's cigarette market share1 in its key markets2 continued to grow very strongly, up 50 basis points (bps) . FY group cigarette volume grew 0.2 pct to 665 billion . FY total tobacco volume was 0.1 pct higher than 2015 . FY group revenue was up 12.6 pct at current rates . FY adjusted diluted earnings per share, at current rates, was up 18.8 pct at 247.5 pence . Board has recommended a final dividend of 118.1p, to be paid on 4 May 2017 . In 2016, group experienced significant hedge ineffectiveness on its external swaps, driven by market volatility following referendum regarding "Brexit" .Are investigating, through external legal advisors, allegations of misconduct and are liaising with serious fraud office and other relevant authorities.

Philip Morris expects FY 2017 earnings per share $4.80 to $4.95

Wednesday, 22 Feb 2017 03:06pm EST

Philip Morris International Inc : Philip morris international Inc Presents at the consumer analyst group of new york conference; increases 2017 full-year reported diluted eps guidance for currency only . Sees FY 2017 earnings per share $4.80 to $4.95 . Philip morris international inc says its 2017 full-year reported diluted earnings per share guidance to a range of $4.80 to $4.95 . FY2017 earnings per share view $4.80 -- Thomson Reuters I/B/E/S .2017 forecast reflects net revenue, excluding excise taxes, growth in excess of co's current currency-neutral annual growth target range of 4% to 6%.

British American Tobacco Kenya reports FY pre-tax profit of 5.91 bln shillings

Wednesday, 22 Feb 2017 08:30am EST

British American Tobacco Kenya Ltd : FY ended Dec 2016 profit before tax of 5.91 billion shillings versus 7.14 billion shillings year ago . FY net revenue of 19.85 billion shillings versus 22.26 billion shillings year ago . Says board has recommended final dividend of 39.5 shillings per share Source: http://j.mp/2kLWoVE Further company coverage: [BAT.NR] (Bangalore.newsroom@thomsonreuters.com).

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