Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

British American Tobacco to Exit Russia


Fri 11 Mar 2022 | 09:59 PM
Taarek Refaat

British American Tobacco said on Friday that it will exit Russia and also lowered its 2022 forecast to 2%-4% from the 3%-5%, with more companies leaving the country in the wake of its operation in Ukraine.

The company, which produces Camel and Lucky Strike also forecasting average growth for adjusted earnings per share in 2022 on a constant currency basis.

The company's shares fell about 1%.