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British American Tobacco puffs higher on resilient US consumption, reassuring guidance featured picture

British American Tobacco puffs higher on resilient US consumption, reassuring guidance

Global cigarette giant British American Tobacco (BATS) rose 1.9% to £27.06 on Friday despite missing first-half earnings estimates, after the Dunhill-to-Lucky Strike brand owner said it had sold more higher-priced cigarettes and seen strong demand for vaping products in its biggest market, the US. ‘BAT’ insisted consumption in the US was ‘resilient’, while also maintaining guidance for ...
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