Positiv
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Seeking Alpha
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vor 5 Monaten
British American Tobacco has rebounded sharply, driven by profitable growth in its modern product portfolio and improving revenue outlook. BTI now guides for 2% FY2025 revenue growth, with mid-term targets of 3–5%, reflecting a positive shift from prior stagnation. Free cash flow remains robust, supporting ongoing deleveraging, dividend payouts below 50% of FCF, and renewed share buybacks.