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APRIL 15, 2026 AT 10:48 AM

British American Tobacco (BATS LN) AGM Statement: continues to expect performance at lower end of our guided range this year

Importance
Level 1
  • Expect profit delivery to remain second-half weighted.
  • Targets 4-6% adj profit from operations and 5-8% adj diluted EPS growth mid-term.
  • Expects to deliver over GBP 50bln free cash flow between 2024 and 2030.
  • Closely monitoring situation in middle East as it evolves. Conflict is not currently having a significant impact on group's business