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Thursday, Feb 23
2012, 5:35 AM
British American Tobacco (BTI) FY net profit rose to £3.1B from £2.9B a year...
British American Tobacco (BTI) FY net profit rose to £3.1B from £2.9B a year earlier, with pretax profit +11% to £5.52B. Revenue +3% to £15.4B. Despite an unsettled global economy, the company sees momentum this year for marketshare growth and margin improvement. Recommends a full-year dividend of 126.5 pence, and will buy back another £1.25B of shares. Shares -1.9% in London.