British American Tobacco faces financial setbacks amid lawsuits and tax hikes, but projects slight 2025 growth.

British American Tobacco (BAT) faces financial challenges with a £6.2 billion lawsuit settlement in Canada and tax hikes in Australia and Bangladesh. Despite a slight drop in US vape sales in 2024, the company's overall revenue grew by 1.3% organically. BAT's shares fell by up to 9% due to these issues, though it aims for a smokeless business by 2035 and projects a modest 1% revenue growth in 2025.

2 months ago
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