Archive for July, 2013

Video interview: BAT CEO Durante on 2013 half-year results

Video interview: BAT CEO Durante on 2013 half-year results

| July 31, 2013

This video was originally published by Mercantos Investor Video, a provider of financial news, featuring video interviews and webcasts from FTSE100 and FTSE250 companies.

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BAT’s volume down in first six months

BAT’s volume down in first six months

| July 31, 2013

British American Tobacco’s cigarette volume during the six months to the end of June, at 332 billion, was down by 3.4 percent on that of the six months to the end of June 2012. Volume was increased in the company’s Asia Pacific region by 5.5 percent to 100 billion, but it was down in its […]

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Retiring BAT COO will not be replaced

Retiring BAT COO will not be replaced

| July 31, 2013

John Daly will step down as British American Tobacco’s chief operating officer at the end of December and will not be replaced. “It is not intended, at this point in time, to appoint a further executive director or successor to the role of chief operating officer,” a note on BAT’s website said. “The four regional […]

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Ireland’s illicit trade booming

Ireland’s illicit trade booming

| July 31, 2013

The National Federation of Retail Newsagents (NFRN) in Ireland is advising the government to tackle the sale of illicit cigarettes, according to a story in the Irish Examiner. The story said that a new [unspecified] survey had shown that almost 28 percent of discarded packs across the country were untaxed and, therefore, illicit. The survey, […]

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Proposal would see some tobacco excise earmarked for Russia’s health care

Proposal would see some tobacco excise earmarked for Russia’s health care

| July 31, 2013

President Vladimir Putin has urged Russia’s health and finance ministries to devise a scheme for channeling a portion of tobacco excise revenue to the health-care sector, according to a story in Russia Beyond The Headlines quoting an Interfax report. The idea was said to have been proposed by Health Minister Veronika Skvortsova and the Astrakhan […]

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BAT launches e-cigarette in UK

BAT launches e-cigarette in UK

| July 30, 2013

British American Tobacco said today that it had launched on the U.K. market its first electronic cigarette. Vype will be made available initially online, though there are plans to move it into mainstream retail outlets from September 2013. In a note posted on its website, BAT said that Vype used a nicotine e-liquid that was […]

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