BUZZ-BAT bottoms FTSE 100 on near $8 billion hit over Canada lawsuit
ReutersFeb 13, 2025 8:23 AM
Shares of British American Tobacco BATS.L fall 6.5% to 3,172 pence; on track to post their biggest intra-day loss since December 2023, if trend holds
Top pct loser on FTSE 100 index .FTSE, which is up 0.34%
Co suffers 6.2 billion pound ($7.76 billion) hit from long-running lawsuit in Canada
Warns of "significant" headwinds in Bangladesh and Australia in 2025 after annual revenue missed forecast
Posts 2024 revenue of 25.87 billion pounds and adj EPS of 362.5p, against expectations of 26.11 billion pounds and 362.2 pence, respectively, according to a company-compiled poll
Stock rose 25.4% in 2024
($1 = 0.7994 pounds)
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