British American Tobacco (BTI) Shares Meek 2026 Revenue Growth Guidance

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British American Tobacco p.l.c. (NYSE:BTI) is one of the largest tobacco companies in the world. The firm made a crucial announcement on December 9th when it revealed that it expects 2026 revenue to sit at the low end of its mid-term growth guidance of 3% to 5%. British American Tobacco p.l.c. (NYSE:BTI) added that it expected to follow a similar trend for its 2026 adjusted profit from operations, i.e., to sit at the low end of the 4% to 6% range. As for the current year, British American Tobacco p.l.c. (NYSE:BTI) expects its revenue and adjusted profit to grow by 2% each.

British American Tobacco p.l.c. (NYSE:BTI), like other mega tobacco companies, has had to contend with the growth in the vaping and electronic cigarettes industry. The firm has been making moves in the market, as it announced on October 28th that it would stop a pilot program for an unlicensed vape in the US. In its latest release, British American Tobacco p.l.c. (NYSE:BTI) bemoaned that its “apour category continues to be impacted by illicit proliferation.” However, the firm added that it believes “Vuse is well positioned to benefit from stronger Federal and State level enforcement.” In terms of the financial impact, British American Tobacco p.l.c. (NYSE:BTI) outlined that it expects fiscal year revenue to drop by high single digits for its Vuse brand due to the proliferation and other factors.

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Disclosure: None. This article is originally published at Insider Monkey.