News Formal

BAT sticks to earnings forecast, flags first signs of sales weakness

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

British American Tobacco said on Thursday it was maintaining its guidance of high single figure earnings per share growth for 2020 while ...

British American Tobacco said on Thursday it was maintaining its guidance of high single figure earnings per share growth for 2020 while expecting some impact on volume and revenue growth in the second-quarter due to the coronavirus.

FILE PHOTO: A logo is seen at the British American Tobacco offices in London, Britain October 21, 2016. REUTERS/Stefan WermuthREUTERS: British American Tobacco said on Thursday it was maintaining its guidance of high single figure earnings per share growth for 2020 while expecting some impact on volume and revenue growth in the second-quarter due to the coronavirus.

The world's No. 2 tobacco company expects 2020 constant currency adjusted revenue growth around the low end of the 3per cent to 5per cent range and will continue with its dividend pay-out ratio of 65per cent of adjusted diluted EPS and growth, it said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

VW says expects to be profitable in 2020 as first-quarter earnings dropVolkswagen on Wednesday said it expected to be profitable on a full-year basis even as the coronavirus pandemic caused first-quarter earnings to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »