British American Tobacco on Track for FY Guidance; Mid-Teens H1/FY26 Revenue

British American Tobacco p.l.c. announced it is firmly on track to deliver its full-year guidance, driven by continued strong performance in the U.S. and momentum in its New Category products. The company now expects mid-teens revenue growth for both the first half and the full year 2026. While maintaining its long-term guidance of 3-5% revenue, 4-6% adjusted profit from operations (APFO), and 5-8% diluted adjusted EPS growth, 2026 performance is anticipated to be at the lower end of these ranges. Additionally, the company is on track to reduce its leverage to within 2-2.5x by year-end.