BAT says US vaping slowdown will lead to slower growth in e-cig business

REUTERS: British American Tobacco , the world's no. 2 tobacco company by revenue, said on Wednesday a slowdown in the U.S. vaping market would result in slower growth in revenue from its"new categories" business that sells vaping products.

U.S. vaping products make up 17per cent of the company's new categories business and generate 0.8per cent of total group revenue, according to Jefferies analysts.

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