BRIEF-BAT Sees 1.5-2.5% Growth In ADJ Profit From Operations In 2025

Feb 13 (Reuters) - British American Tobacco PLC BATS.L:

• BAT: OUTLOOK 2025 C.1% REVENUE GROWTH (AT CONSTANT RATES)

• BAT: OUTLOOK 2025 1.5-2.5% ADJUSTED PROFIT FROM OPERATIONS GROWTH (ADJUSTED FOR CANADA, AT CONSTANT RATES)

• BAT: OUTLOOK 2025 COMMITMENT TO DIVIDEND GROWTH IN STERLING TERMS AND £900 MILLION SHARE BUY-BACK

• BAT: FOLLOWING MEXICAN GOVERNMENT'S DECISION TO BAN SALE OF VAPOUR PRODUCTS, VUSE WILL NO LONGER BE SOLD IN MEXICO

• BAT: DUE TO UNCERTAINTY ON TIMING OF SETTLEMENT IN CANADA, WILL PRESENT MEASURES EX. PROFIT EARNED FROM ITCAN (EXCEPT FOR NEW CATEGORIES) FOR 2025

• BAT: FY DIVIDEND GROWTH OF 2.0% TO 240.24P

• BAT: IN 2025, SEES SIGNIFICANT REGULATORY, FISCAL HEADWINDS IN BANGLADESH AND AUSTRALIA TO IMPACT OUR COMBUSTIBLES PERFORMANCE

• BAT: COMMITTED TO RETURNING TO MID-TERM GUIDANCE OF 3-5% REVENUE, 4-6% ADJUSTED PROFIT FROM OPERATIONS GROWTH ON A CONSTANT CURRENCY IN 2026

• BAT: IN 2025, EXCLUDING ITEMS, SEES OVER £8 BILLION OF AVERAGE ANNUAL FREE CASH FLOW, GROWING AT LEAST IN LINE WITH ADJUSTED PROFIT FROM OPERATIONS

Source text: ID:nRSM9218Wa

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