Trading Update Summary: BAT: H1 2026 Trading Update Key Takeaways from the Webcast: BAT HY26 Trading Update Webcast: Key Takeaways Executive Summary BAT’s HY26 trading update came in broadly in-line with our baseline model. Management confidently re-iterated full-year guidance, anchored by upwardly revised growth momentum in New Categories (NC) -...
PMI: 2026 dbAccess Global Consumer Conference
Philip Morris International (PMI) CEO Jacek Olczak addressed the dbAccess Global Consumer Conference, delivering a highly confident update on the company’s multi-category smoke-free transformation. While headline guidance was adjusted downwards exclusively to reflect recent foreign exchange volatility and a non-cash impairment (Canada), the underlying operational thesis remains entirely intact. Key...
BAT HY26 Trading Update Webcast: Key Takeaways
Trading Update Summary: BAT: H1 2026 Trading Update British American Tobacco (BAT) hosted its H1 2026 pre-close conference call, featuring prepared remarks by CEO Tadeu Marroco followed by Q&A session. Management reiterated that the Group is firmly on track to achieve its full-year 2026 financial guidance, buoyed by multi-category momentum...
BAT: H1 2026 Trading Update
Ahead of the H1 2026 Trading Update release Date: June 2, 2026 (Tuesday), before the bell FY26 Consensus: At constant currency, 3.4% Revenue, 4.3% Adjusted profit from operations and 5.9% adjusted diluted EPS growth. 16.2% New Category revenue growth. BAT FY26 Guidance: Lower end of the medium-term guidance ranges - defined as 3-5%...