British American Tobacco : BAT’s Vuse wins…


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04:10a BRITISH AMERICAN TOBACCO : BAT’s Vuse wins prestigious SEAL Sustainable Product Award

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12/21/2021 | 04:10am EST

  • BAT’s Vuse wins the Sustainable Product Award within the prestigious 2021 SEAL Enterprise Sustainability Awards
  • Vuse is the primary international, independently licensed, carbon impartial vaping model*
  • Award is additional recognition of how BAT is constructing a portfolio of worldwide manufacturers with goal
  • BAT is constructing A Higher Tomorrow™ with sustainability entrance and centre

BAT is proud to announce that Vuse, the worldwide primary vaping model**, has received the Sustainable Product Award within the prestigious 2021 SEAL (Sustainability, Environmental Achievement & Management) Enterprise Sustainability Awards. The award recognises progressive and impactful merchandise which are ‘purpose-built for a sustainable future.’

SEAL Awards is an environmental advocacy group that celebrates management by its enterprise sustainability and environmental journalism awards.

Kingsley Wheaton, BAT’s Chief Advertising and marketing Officer mentioned:

“We’re honoured to obtain this SEAL Sustainable Product Award for our Vuse vapour model. At BAT, we’re creating the manufacturers of the long run with sustainability at their core. In 2021, Vuse was licensed as the primary international carbon impartial vape model. That is a part of Vuse’s broader sustainability programme, which goals to eradicate single-use plastics and have all packaging recyclable by 2025.

“We’re proud that Vuse has set the sustainability commonplace throughout the vaping class. As a model chief, that is the best factor to do. It demonstrates how we’re constructing a portfolio of worldwide manufacturers with goal, on the pathway to attaining A Higher Tomorrow.”

BAT is focussing on the disposal and recyclability of Vuse merchandise by progressive design and life cycle schemes, together with:

  • Introducing ‘Drop the Pod’ and system take-back schemes for used Vuse e-cigarettes to cut back waste despatched to landfill, with merchandise returnable in Vuse shops and through put up
  • Making Vuse packs with recyclable cardboard and eradicating ePen plastic tray packaging
  • Making certain Vuse ePod starter kits and pod packs are plastic movie free
  • Eradicating silicone caps from ePen pods***

Vuse was independently licensed as the primary international carbon impartial vape model by Vertis in Could 2021, marking a big step in BAT’s ambition for Vuse to grow to be an environmentally sustainable vape model. It additionally contributes to the supply of BAT’s Group-wide ambition to be a carbon impartial enterprise by 2030 and carbon impartial throughout its worth chain by 2050.

* Primarily based on ePod, ePen, eTank mini, Alto units and consumables inside gross sales forecast (calculated March 2021) for 12 months ranging from April 2021

** Primarily based on Vuse estimated worth share from Really helpful Retail Value (RRP) in measured retail for vapour (i.e. complete vapour class worth in retail gross sales) within the USA, Canada, France, UK, Germany. These 5 markets cowl an estimated 77% of worldwide vapour closed system NTO, calculated in June -July 2021.

*** Vuse’s newest ePen/ePen 3 pods at the moment are silicone cap-free in all Vuse Markets besides Mexico and Colombia.

Notes to editors

2021 is the inaugural yr for the SEAL Sustainable Product Awards and have been created to honour progressive and impactful merchandise which are goal constructed for a sustainable future. Fellow award winners embody Salesforce and IBM. Earlier SEAL Environmental Initiative award winners embody Common Motors, Compass Group and Adidas. Full checklist of earlier winners may be discovered right here: https://sealawards.com/

Enquiries

Media Centre

Anna Vickerstaff

+44 (0) 20 7845 2888 (24 hours) | @BATplc

Investor Relations

Mike Nightingale: +44 (0)20 7845 1180

Victoria Buxton: +44 (0)20 7845 2012

William Houston: +44 (0)20 7845 1138

John Harney: +44 (0)20 7845 1263

Ahead-looking statements

This launch comprises sure forward-looking statements, together with “forward-looking” statements made throughout the which means of the U.S. Personal Securities Litigation Reform Act of 1995. These statements are sometimes, however not all the time, made by using phrases or phrases akin to “consider,” “anticipate,” “may,” “could,” “would,” “ought to,” “intend,” “plan,” “potential,” “predict,” “will,” “anticipate,” “estimate,” “venture,” “positioned,” “technique,” “outlook”, “goal” and comparable expressions. These embody statements concerning our buyer goal ambition, New Classes income targets and our ESG targets.

All such forward-looking statements contain estimates and assumptions which are topic to dangers, uncertainties and different components. It’s believed that the expectations mirrored on this launch are cheap however they might be affected by a variety of variables that might trigger precise outcomes to vary materially from these at present anticipated. A evaluate of the explanation why precise outcomes and developments could differ materially from the expectations disclosed or implied inside forward-looking statements may be discovered by referring to the knowledge contained below the headings “Ahead-looking statements” and “Group Principal Dangers ” within the 2020 Annual Report and Kind 20-F of British American Tobacco p.l.c. (BAT).

Extra info regarding these and different components may be present in BAT’s filings with the U.S. Securities and Trade Fee (“SEC”), together with the Annual Report on Kind 20-F and Present Studies on Kind 6-Okay, which can be obtained freed from cost on the SEC’s web site, http://www.sec.gov and BAT’s Annual Studies, which can be obtained freed from cost from the British American Tobacco web site www.bat.com.

Previous efficiency is not any information to future efficiency and individuals needing recommendation ought to seek the advice of an unbiased monetary adviser. The forward-looking statements replicate data and knowledge accessible on the date of preparation of this launch and BAT undertakes no obligation to replace or revise these forward-looking statements, whether or not on account of new info, future occasions or in any other case. Readers are cautioned to not place undue reliance on such forward-looking statements.

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Disclaimer

British American Tobacco plc revealed this content material on 21 December 2021 and is solely chargeable for the knowledge contained therein. Distributed by Public, unedited and unaltered, on 21 December 2021 09:09:03 UTC.

© Publicnow 2021

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Financials

Gross sales 2021 25 582 M 33 874 M 33 874 M
Internet revenue 2021 6 991 M 9 257 M 9 257 M
Internet Debt 2021 38 400 M 50 845 M 50 845 M
P/E ratio 2021 9,02x
Yield 2021 7,85%
Capitalization 63 586 M 84 084 M 84 194 M
EV / Gross sales 2021 3,99x
EV / Gross sales 2022 3,74x
Nbr of Workers 56 689
Free-Float 85,9%
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Imply consensus BUY
Variety of Analysts 19
Final Shut Value 2 771,00 GBX
Common goal value 3 593,74 GBX
Unfold / Common Goal 29,7%

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Managers and Administrators

Jack Marie Henry David Bowles Chief Government Officer & Government Director
Tadeu Luiz Marroco Government Director & Finance Director
Luc Jobin Chairman
David O’Reilly Director-Scientific Analysis
Marina Fagundes Bellini Director-Digital & Data

Sector and Opponents

1st jan. Capi. (M$)
BRITISH AMERICAN TOBACCO PLC 2.33% 84 084
PHILIP MORRIS INTERNATIONAL, INC. 12.16% 144 567
SMOORE INTERNATIONAL HOLDINGS LIMITED -34.92% 30 004
IMPERIAL BRANDS PLC 3.13% 19 620
GODFREY PHILLIPS INDIA LIMITED 19.89% 800
TURNING POINT BRANDS, INC. -20.31% 670


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