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.

4 months ago
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