British American Tobacco Expects Low-single Figure Organic Revenue Growth And Organic Adjusted Profit Growth in FY24
Portfolio Pulse from Benzinga Newsdesk
British American Tobacco (BTI) forecasts low-single figure growth in both organic revenue and organic adjusted profit for the fiscal year 2024. This outlook suggests a steady, albeit modest, growth trajectory for the company in the upcoming year.

February 08, 2024 | 10:28 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
British American Tobacco anticipates low-single figure growth in organic revenue and organic adjusted profit for FY24, indicating a stable but modest growth outlook.
The forecast of low-single figure growth in both organic revenue and organic adjusted profit for FY24 suggests a positive, though modest, outlook for British American Tobacco. This projection may reassure investors about the company's stability and potential for steady growth, likely leading to a positive short-term impact on BTI's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100