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British American Tobacco targets mid-teens revenue growth for New Categories by 2030 with contribution margins reaching at least 30%
BTAFFBritish American Tobacco p.l.c.
British American Tobacco p.l.c. hosted its 2026 Capital Markets Day to outline Horizon 2030 ambitions, targeting mid-teens revenue growth for New Categories by 2030 with contribution margins reaching at least 30%. The company confirmed it remains on track for full-year 2026 guidance, expecting revenue and adjusted profit from operations growth of 3-5% and 4-6% respectively, alongside adjusted diluted EPS growth towards the middle of a 5-8% range. Management anticipates being within its 2.0-2.5x target leverage ratio by year-end while maintaining strong cash returns to shareholders. British American Tobacco p.l.c. operates in the global consumer goods industry, specifically manufacturing tobacco and smokeless nicotine products.