Release date: February 12, 2026; before the LSE opening Consensus ahead of the release: +1.9% revenue and 2.0% operating profit growth in FY25; Acceleration in financial delivery to +3.5% revenue and +4.0% operating profit growth in FY26 Latest guidance: c.2.0% revenue and c.2.0% operating profit growth in FY25; Lower end...
Memo: JT FY25 Results
Results summary: Japan Tobacco: FY25 Results Japan Tobacco’s FY25 Results: Combustible Strength Remains Second to None Japan Tobacco’s (JT) cigarette business continues to deliver industry-leading performance - arguably even ahead of Marlboro owner Philip Morris International (PMI). Fueled by the international strength of the Winston and Camel brands, JT’s combustible...
Prilla.com: A Trusted Retailer on the Nicotine Pouch Market
As the tobacco-free market continues to expand, it has created a golden opportunity for e-commerce stores. Prilla.com, an online retailer that sells to the US market, has benefited from the rising demand for these products. The site offers a wide range of flavors, formats, and nicotine strengths from dozens of...
Memo: BAT – FY25 Results
Results summary: BAT: FY25 Results BAT FY25 revenue and profit from operations are fully in line with our expectations. See BAT: FY25 Results – Preview for further details. Our expectationReportedVarianceRevenue £25.6 billion £25.61 billion---U.S. combustible volumec.43 billion units44 billion unitsBAT volume decline (-7.7%) lower than NielsenIQ retail data (-9.6%). It could be driven...
Japan Tobacco: FY25 Results
Consolidated Results FY25 Revenue up +13.4% to ¥3,467.7 billion (+13.9% at constant FX); Adjusted operating profit up +21.5% to ¥902.2 billion (+24.9% at constant FX) Tobacco Segment: 91.8% weight in revenue, 100+% weight in adj. operating profit in FY25 Top-line & Bottom-line Results: Tobacco Segment Only Excluding Processed Food Segments;...