British American Tobacco's full-year profit and revenues edge up.
British American Tobacco saw full-year profit and revenues edge up.
Source: Sharecast
The cigarette maker said that profit from operations grew 1.4% to reach £2.736m, whilst revenues on an adjusted and organic basis grew by 1.3% to £25.87bn.
Operating margins meanwhile were flat on that same basis at 46%. Free cash pre-dividend shrank by 5.5% to £7.9bn.
Net debt as a proportion of earnings before interest, taxes, depreciation and amortisation printed at 2.44. The dividend payout meanwhile was up a tad, by 2.0% to 240.24p.
As of 0811 BST, shares of British American Tobacco were falling 6.92% to 3,162.0p, albeit after having hit more than two-year highs during the previous session.
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