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British American Tobacco reports significant growth in vaping products, despite a decline in tobacco sales.
British American Tobacco (BAT) is seeing significant growth in its vaping products, with a 40% market share in key markets like the US and UK.
Despite a 2% decline in global tobacco sales, BAT's vaping brands Vuse, Vype, and Glo are expected to see a 9% sales increase.
The company aims to become a predominantly smokeless business by 2035, with CEO Tadeu Marroco highlighting strategic investments in new categories and innovation.
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British American Tobacco reporta un crecimiento significativo en los productos vaping, a pesar de una disminución en las ventas de tabaco.