0835 GMT - British American Tobacco's 2025 results were boosted by its performance in the U.S., where revenue grew 5.5%, RBC Europe analysts James Edwardes Jones and Wassachon (Fon) Udomsilpa write in a note. New categories products, which include vapor/heated products and oral pouches, are generating improved volume performance, but the analysts say they are concerned by the margin drag that will result. Overall, the London-listed cigarette maker's 2025 results are in line with company-compiled consensus expectations, as are its 2026 revenue and adjusted operating profit growth guidance, they add. Shares are up 0.3% at 44.41 pounds. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
February 12, 2026 03:35 ET (08:35 GMT)
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