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Archived from the original (PDF) on September 10, 2008

and AME Reported profit from operations up 265% (with reported operating margin up 28.4 ppts to 39.0%), largely due to the movement in the Canadian settlement provision Adjusted profit from operations1,2,3 up 2.3%, adjusted operating margin1,2,3 at 44.0% (flat vs FY24) Reported diluted EPS up 157% to 349.1p, with adjusted diluted EPS1, 2,3 up 3.4% Confident in sustainably delivering mid-term growth algorithm, 2026 performance expected at the lower end of the range On track to reduce leverage3 to within 2.0-2.5x by end 2026, supported by continued strong cash conversion Dividend growth of 2.0% to 245.04p and a 1.3 billion share buy-back in 2026 Tadeu Marroco, Chief Executive I am pleased with our accelerating momentum through 2025, enabling full-year delivery at the top end of our guidance

It protects against spoilage, locks in flavor, and gives you peace of mind knowing your blends will be just as good,or better, years from now

BATs New Categories growth is currently being driven particularly by Modern Oral, which recorded revenue growth of 40.3% in the AME region and an impressive 223% in the US

The tobacco industry doesnt embrace genetic engineering to develop new commercial varieties, Lewis said