British American Tobacco p.l.c.

Company Snapshot

Founded: 1902
Entity Type: Public
Employees: 48,949
Region: U.S.
Revenue: $33,056.1 Millions
Revenue Year: 2024
Headquarter: London, U.K.
Key Geographics: U.S., Americas, Europe, Asia-Pacific, Middle East and Africa
Corporate Address: Globe House, 4 Temple Place, London, WC2R 2PG U.K. Tel. +44-0-20-7845-1000 www.bat.com

Company Overview

British American Tobacco Inc. (BAT) is a multinational company renowned as one of the world’s leading tobacco and nicotine product manufacturers. Founded in 1902, it has established itself as a key player in the industry, operating in over 200 markets globally. Its subsidiaries include Reynolds American, Imperial Tobacco Canada, Bentoel Group, Souza Cruz and many others. BAT’s success is attributed to its diverse portfolio of brands, including Dunhill, Kent, Lucky Strike, Pall Mall and Rothmans, among others. With a commitment to innovation and sustainability, BAT has focused on developing reduced-risk products, investing significantly in research and development to create alternatives to reduce the health risks associated with smoking. Over the years, the company has expanded its offerings beyond traditional tobacco products, venturing into next-generation products like e-cigarettes, heated tobacco and oral tobacco.

Vuse is a brand of electronic cigarettes and vaping products owned by Reynolds American Inc., a subsidiary of British American Tobacco Inc. It has gained popularity as a prominent player in the e-cigarette market, offering a range of vaping devices and flavors. Vuse is known for its diverse product line, which includes rechargeable e-cigarettes, pre-filled cartridges and disposable vaping devices. These products are designed to provide an alternative to traditional cigarettes, aiming to offer adult smokers a potentially less harmful way to consume nicotine. Additionally, they offer a variety of flavors, catering to different tastes, including traditional tobacco, menthol, fruit and dessert-inspired options.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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British American Tobacco p.l.c. In Reports

Global e-cigarette Market

BCC Research Market Analyst says global e-cigarette markets is projected to grow from $22.5 billion in 2022 to $47.5 billion in 2028 at a CAGR of 13.5%.

North American E-cigarette and Legal Cannabis Markets

The North American market for legal cannabis should reach $25.5 billion by 2023 from $10.7 billion in 2018 at a compound annual growth rate of 18.9% for the period 2018 to 2023.

Company's Business Segments

  • Product : Vapour products, Heated Products, Modern oral products, Tobacco
  • Service : Research and Development, Sustainability, Retail Partnerships, Others

Applications/End User Industries

  • Consumers
  • Retailers
  • Agriculture
  • Government Regulatories
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