- BAT’s adjusted operating profit for the fiscal year was GBP11.89 billion, close to the estimate of GBP11.96 billion.
- The U.S. adjusted profit from operations totaled USD6.39 billion, slightly below the projection of USD6.44 billion.
- Total revenue reached GBP25.87 billion, not far from the expected GBP26.31 billion.
- In the U.S., revenue was GBP11.28 billion, nearly hitting the forecast of GBP11.3 billion.
- Revenue in the Americas & Europe was GBP9.24 billion, compared to an estimate of GBP9.68 billion.
- The Asia Pacific, Middle East & Africa region generated GBP5.35 billion in revenue, slightly under the anticipated GBP5.44 billion.
- Dividend per share was 240.24p, above the expected 237.55p.
- Adjusted earnings per share (EPS) was recorded at 362.5p, marginally below the estimated 362.9p.
- Performance improved in the second half of the year, aided by New Categories innovation and U.S. commercial investments.
- Targeted investments in the U.S. helped strengthen the business despite challenging economic conditions and growing competition from illicit vapour products.
- A decline in combustible product volumes, by 9.0%, was impacted by business exits from Russia and Belarus and a tough U.S. market, where volume was 10.1% lower.
- Continued momentum in 2024 resulted in a 19.8% organic increase in adjusted gross profit, driven by volume growth and cost optimization.
- Market analysts provided 11 buy, 3 hold, and 1 sell recommendations.
A look at British American Tobacco Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
British American Tobacco P.L.C., a leading tobacco company, seems to present a promising long-term outlook based on the Smartkarma Smart Scores. The company scores high in areas such as dividend and momentum, indicating strong performance and returns for investors. With a solid score in resilience, British American Tobacco demonstrates the ability to weather challenges and maintain stability. Although growth is rated lower, the company’s focus on value and consistent dividend payouts could appeal to long-term investors seeking reliable income streams.
As a multinational company with a diverse range of tobacco products, British American Tobacco P.L.C. stands out in the industry for its established presence and strong market position. Investors looking for a mix of steady dividends and growth potential may find British American Tobacco an attractive investment option, especially considering its high scores in dividend and momentum. While growth and resilience scores are not as high, the company’s track record and renowned brands suggest a solid foundation for long-term success in the tobacco market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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