BAT Is Making Progress Despite Headwinds -- Market Talk

Dow Jones12-09

0953 GMT - British American Tobacco is making sustained progress, with strong awareness of the issues facing the tobacco industry, Interactive Investor's Richard Hunter writes in a note. Those include the decline in traditional product sales and reluctance from some to invest on ethical grounds, he adds. BAT is up against a provision of 6.2 billion pounds in Canada to settle legal claims--which have weighed on profitability--and regulatory headwinds in Australia and Bangladesh. These issues are front of mind for the company, which has reaffirmed guidance despite the challenges, Hunter writes. Shares are down 4.05% at 4,142 pence. (aimee.look@wsj.com)

(END) Dow Jones Newswires

December 09, 2025 04:53 ET (09:53 GMT)

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