BRITISH AMERICAN TOBACCO p.l.c.
INTERIM MANAGEMENT STATEMENT FOR THE THREE MONTHS ENDED 31 MARCH 2012
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Good revenue growth of 6 per cent at constant rates of exchange. |
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Revenue growth of 4 per cent at current rates of exchange. |
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Volumes from subsidiaries increased by 1.3 per cent to 166 billion, organic volumes increased by 0.7 per cent |
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Global Drive Brand volumes grew by 6 per cent |
Nicandro Durante, Chief Executive, commented "We have grown volumes and Global Drive Brands and have achieved good growth in revenue, with continued pricing momentum, although currency headwinds have adversely affected results. It is a strong start to another year of anticipated good earnings growth."
