FX weakness limits revenue growth at BATS

Organic revenue growth at British American Tobacco was robust in the first half, though currency headwinds in key markets held back reported sales growth.

Organic revenue growth at British American Tobacco was robust in the first half, though currency headwinds in key markets held back reported sales growth.

Revenues were flat in the six months to June 30th at £7,452m, more or less unchanged from the £7,438m reported the year before. However, on an organic basis (at constant rates of exchange), turnover was 4% higher helped by continued good pricing momentum.

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