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S.A.U.
@SAUgut77
1Sem.·

British American Tobacco posts profit in FY24, but sales fall

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British American Tobacco $BATS (-1,84 %) announced today that the company is reporting a profit for the full year 2024, while sales declined year-on-year.


  • Profit attributable to shareholders for the 12 months to December 31, 2024 was £3.07 billion, compared to an attributable loss of £14.19 billion previously


  • Earnings per share were £1.36 compared to a loss per share of £6.466


  • The tobacco group's revenue was £25.87 billion, compared to £27.28 billion a year ago


  • However, sales of new age products such as e-cigarettes, tobacco heaters and tobacco pouches grew only slightly in 2024, by 2.5 percent to 3.4 billion pounds


Analysts had expected sales of £26.03 billion, net profit of £8.03 billion and EPS of £3.64


  • the interim dividend will increase from £2.3552 to £2.4024 per share (equivalent to around 2%) for 2024, payable in equal installments in May 2025, August 2025, November 2025 and February 2026


  • Share buyback program worth 900 million pounds for the year 2025


In addition, British American Tobacco expects sales growth of 1.5 - 2.5% in 2025 and said it remains committed to dividend growth.

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8 Commentaires
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JaMe@Jehdi
1Sem.
May your tobacco supply never run out.
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S.A.U.@SAUgut77
1Sem.
@Dividendenopi Hopefully the fag won't fall out of your hand right now 😁
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Dividendenopi👴@Dividendenopi
1Sem.
@SAUgut77 all good. The setback is quite severe, but I'm still well in the green and the dividend tastes good. I'll smoke one more right away and it'll be fine again 😉😇
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S.A.U.@SAUgut77
1Sem.
@Dividendenopi I see it the same way and if it goes down another level, I'll stock up a bit.

But maybe it also has something to do with the fact that they said something about 🇨🇦 today and I had read something about 8 billion...
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Dividendenopi👴@Dividendenopi
1Sem.
@SAUgut77 Yep. The settlement is still pending because $PM has filed an objection. BAT cites the figures that the entire profit from the Canadian business will probably have to be used for this in 2025. Of course, many people don't like that and it will accelerate the decline
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S.A.U.@SAUgut77
1Sem.
@Dividendenopi I told you... they're setting aside 8 billion pounds for Canada and that's an additional lousy headline to which many are reacting.... I thought the figures themselves were mixed, but for the write-offs and co from 2023/2024 I thought they were actually quite ok considering the facts.
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Joker@Blizzard
1Sem.
@SAUgut77 was foreseeable. Not as strong, but as long as there is growth, that's good 😅
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FinanzKeks@ImmoHai
1Sem.
@TaxesAreTheft unfortunately no good figures :(
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